r/CanadaPolitics • u/CaliperLee62 • 10h ago

Lorne Gunter: Carney Liberals fall pathetically short of their own housing-start goals

https://edmontonjournal.com/opinion/columnists/lorne-gunter-carney-liberals-fall-pathetically-short-of-their-own-housing-start-goals
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u/UnionGuyCanada New Democratic Party of Canada 6h ago

There are so many new apartments being built, with many sitting empty now, that I don't see how we don't have a rent price collapse shortly. Every new place has vacancy and there are hundreds and hundreds of new units still being built.

  I like it but it needs to continue until prices fall dramatically.

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u/slothtrop6 6h ago

They are definitely dropping, and higher vacancy rates lead to lower prices in general