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Business & Economics

Opinion: The road to affordability is built one home at a time

calgaryherald
Summary
Nutrition label

63% Informative

Michel Kelly-Gagnon and Gabriel Giguère say the housing market is governed by the laws of supply and demand.

Canada would need 5.1 million more housing units to return to the level of affordability we enjoyed in 2004 .

When a family moves into a new home, be it a house or condo, it vacates another housing unit.

This housing unit will in turn be occupied by another family, which will leave its former home vacant, and so on.

VR Score

79

Informative language

87

Neutral language

29

Article tone

informal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources