Quote:
Originally Posted by lio45
Out of curiosity, how exactly would things ever "get better"?
I'm pretty convinced this is just a new reality that everyone will have to adapt to. Rents are just not ever going back to the cheap levels of a few years ago.
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In the case of Halifax, a few things would need to happen IMO:
- There needs to be more shelter space. Currently there is nowhere near enough and the stock has been decreasing, not increasing.
- There needs to be a dramatic increase in the overall housing stock available. The scarcity is its own problem, and it is also driving prices up significantly. Ideally, the proportion of straightforward new buildings with no/few frills and small units would be higher.
- The universities need to build significantly more on-campus housing. The military bases really should build more housing as well.
- There should be more efforts to get un/der-employed people involved in the construction process, since ironically there is a labour shortage as well.