Housing shortfall, costs and affordability

[dtkvictim]

Oddly, though, other cities aren't having the same issue. This tells me it's a problem with the region and the cities within. So many councillors in the city halls bend over backwards to NIMBY's and in general, a lot of red tap and very slow approvals, make it ripe for developers not bending over backwards themselves to get things going here.

We need a change: the mayors are not doing enough, and the chairwoman for the region is very unhelpful.

Those approvals have made it past the council, the mayors and the NIMBY opposition, though, so they should be able to start.

Some cities have met the targets, others have not. Our region is not the only one that has not.

It sounds like most have not, and even those that made the cut for funding didn't necessarily meet the target either (only 80%). If we want to compare to other cities, we would need to know the ratio of approvals to starts for each city. And even then, not all markets are equals.

The issue is the developers, not the municipalities.

There is plenty to blame developers for, but for not building enough? I think there is enough competition in the development industry that I wouldn't assume they are withholding supply to increase their margins. If the construction industry had the capacity and the economics made sense, you think developers would forgo that profit?