Mike Moffatt, founding director of the Missing Middle Institute, said he always viewed the Liberals’ goal of doubling home building levels as a tough one to achieve. It would mean bringing the annual number of housing starts up to 500,000 in a given year, when Canada has so far topped out around 300,000.
Housing has been too expensive since before the pandemic. We're building something like 240k annually, and now the Liberals are talking about bringing foreign investors back into the mix.
It's a shit show.