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The great ‘supply’ solution to Canada’s housing crisis flounders — further

Douglas Todd: To understand why Mark Carney’s goal of building 500,000 houses a year won’t happen, look to New Zealand and the harsh realities right now of making a profit in real estate.

The unspoken maxim within Canadian political circles, I’m told, is that elected officials just can’t win when it comes to either public health care or housing affordability.

No matter what politicians do, voters will continue to complain about poor access to medical care or feel aggravated about super-expensive housing prices.

That’s often why, when it comes to the massive files of health and housing, elected officials go out of their way to at least look like they’re doing something. And to look like they’re being bold.

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