Ron Dyck on Nostr: "While these inclusionary housing policies are well-meaning, for any of the desired ...

"While these inclusionary housing policies are well-meaning, for any of the desired housing to be built, the overall development must be profitable. When the required percentage of below-market units is set too high, the project as a whole becomes unfeasible."

This is precisely why non-market housing has to come back. The market will *never* deliver affordability, in their own words it's unfeasible.

Opinion: Cities creating policies that don't make housing feasible
https://dailyhive.com/vancouver/metro-vancouver-cities-new-housing-policies-barrier