The ECOreport reposts an OP-ED arguing that municipal regulations impact house prices
Originally Published on the Fraser Insitute
By Kenneth P. Green, Josef Filipowicz, Steve Lafleur & Ian Herzog
As Canadians continue to converge on urban centres and concerns about the affordability of housing grow, it is crucial to understand why the country’s major housing markets have seen such dramatic growth in prices. This study presents evidence that the regulation of residential development restricts the housing supply, encouraging the growth of prices and distorting local economies.