Housing shortfall, costs and affordability

[jordan2423]

Supposing that we could snap our fingers and instantly create 36,000 housing units in the region ... is there really demand for that many? That's about 10 years' worth of residential construction at current pace. The existing affordability issues aside, that really seems a massive number for needed units.

Yes there is 100% a demand. There are so many millennials, including myself, that know there would be an increase in demand if there is an increase in supply, which would bring the cost down. My situation is slightly different as I am in my mid-late 20's and work part-time while attending full-time professional school. I am hoping that the economy and housing crisis is at a better spot when i graduate in 1.5 years (2024).