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Decentralized Democracy

House Hansard - 218

44th Parl. 1st Sess.
June 21, 2023 02:00PM
  • Jun/21/23 6:50:55 p.m.
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Madam Speaker, I commend the work of my colleague. People often say it is a question of supply and demand. Often, the people who talk about supply and demand do not understand the concept. I am not throwing stones at anyone, but that is what it comes down to. What is happening now is that, with the higher salaries and the growing population, the demand for housing has increased significantly. If we allow the price of homes to go up, at some point there will not be housing for everyone because the population is growing. What is more, there are people who now have the means to go live in an apartment who may not have had the means before. We need to work on supply. If we do not work on supply, we are doomed to have shortages because we will not have enough housing to offer to people as demand keeps growing. Demographics are important and they are not being taken into consideration right now. Let us work on supply. That is the best way to ensure that people can have housing, but also that they can afford it.
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