Keep in mind If 1million ppl come in they dont need 1 million distinct homes. For 1million entering it is roughly 400000 homes some of that are rentals including sharing of existing homes. So still not enough but not as bad as ppl think
Correct however add on the decades of under building as it's not just being behind from the last few years. CMHC has said previously we need 3.5 million more homes by 2030 on top of what we are projected to build to be able to make homes 'affordable'.
Keep in mind If 1million ppl come in they dont need 1 million distinct homes. For 1million entering it is roughly 400000 homes some of that are rentals including sharing of existing homes. So still not enough but not as bad as ppl think
Correct however add on the decades of under building as it's not just being behind from the last few years. CMHC has said previously we need 3.5 million more homes by 2030 on top of what we are projected to build to be able to make homes 'affordable'.