528, 533, 550 Lancaster St W | 10, 12, 18, 30, 30 fl | U/C

[ijmorlan]

Deborah must be unaware that the only way to decrease prices is to decrease demand (which ain’t happening) or increase supply.

One can pretend to decrease prices by instituting price controls. Too many people confuse this with actually reducing prices. I read an article in the Globe and Mail which argued that “we can’t build our way out of high housing prices”. Unbelievable. The exact opposite of the truth, which is that building housing is pretty much the only way to reduce housing prices.