The Myth of Supply

The Myth of Supply

Dr. John Rose provides some interesting statistics relating to affordability, housing shortages and density.

 

 

Read Dr. Rose's paper here 

 

  • Page 9 – provides housing affordability change related to income and dwelling price over the period 2001 – 2016 (notice Victoria has the second highest ratio after Vancouver).

 

  • Page 11 – indicates Victoria CMA has an oversupply of housing – 1.13 net dwellings added per net household for the period 2001-2016.

 

  • Page 13 – provides indication of the amount of the oversupply in 5-year increments by CMA.

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Gonzales Community Network Association Inc

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