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A comment on Investors account for 30 per cent of home buying in Canada, data show. Parent comment

Re:Investors account for 30 per cent of home buying in Canad... by carom on Saturday September 09, 2023 @04:23PM (#37449910)
Housing is more or less maxed out with respect to zoning laws in a lot of places. Those come from the government. Rezone to allow higher density and people will build. It is functionally illegal to build more housing.
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Re:Investors account for 30 per cent of home buying in Canad... by CapstanRoller on Monday September 11, 2023 @03:19AM (#37463998)
Yes, because of NIMBYism. Existing property owners benefit from an undersupply of housing, so they lobby for restrictions in order to reduce competition which would drive down prices and rents.
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