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.