| fig. |
at a frantic rate (Unfortunately, many politicians and the development industry obfuscate the issue by putting virtually all the blame for lofty prices on a lack of supply, plus mortgage rates and bureaucratic red tape. But a host of housing analysts, such as Steve Saretsky, John Pasalis, Ron Butler, Stephen Punwasi, Ben Rabidoux, Patrick Condon, Mike Moffat and others, counter that Canadian developers, especially in Metro Vancouver, have been building new housing at a frantic rate — yet still cannot come close to keeping up with demand. (vancouversun.com) ART Vancouver) |
