Housing shortfall, costs and affordability

[bravado]

$15 million in provincial funding may be cut due to the region falling drastically short of its 2023 housing goal: https://archive.ph/5Qx64

The region's argument is that they have approved well more than the goal, but the developers have deferred the starts, whether due to financing, interest rates, subcontractor availability or something else. And they do have a point: they can control approvals, but not the actual starts.

But also nobody should trust municipal governments - when they say "approved", it might not mean actually fully approved and ready to build.