More housing supply isn't a cure-all for the housing crisis

Housing policy-makers should pay attention not only to how much housing is available and how often rental units turn over, but to residential stability and the quality of life that homes and neighbourhoods provide. (Shutterstock)

Canada needs to build more homes, faster, according to a recent report by the Canada Mortgage and Housing Corporation. The report estimates that British Columbia alone will need 570,000 new units by 2030 to meet a moderate affordability level of 44 per cent.