Clark: Population growth is the housing issue politicians can’t keep ducking

Indeed:

All of that is not a reason for Canada to turn its back on immigration, and its many benefits. The problem was an abject failure to plan.

But it does mean that in the short term, there is a policy lever governments can pull now to cool the housing market. That is temporarily slowing the growth of temporary residents – capping the number of new students and new temporary workers. That could prevent another year of high rent increases on new leases.

Avoiding the issue – avoiding an unavoidable fact about the housing crisis – will only pile misery onto past failures.

Source: Population growth is the housing issue politicians can’t keep ducking