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Podcast: New Books in Public Policy
Episode: Gregor Craigie, "Our Crumbling Foundation: How We Solve Canada's Housing Crisis" (Random House Canada, 2024)
Description: Canada is experiencing a housing shortage. Although house prices in major Canadian cities appeared to have topped out, new housing isn’t coming onto the market quickly enough. Higher interest rates have only tightened the pressure on buyers, and renters, too, as rising mortgage rates cost landlords more, which are passed along to tenants in rent increases. Even with recent federal budget commitments to bring more housing online by 2030, there will still be a shortfall of 3.5 million homes by then.Gregor Craigie is a CBC journalist in Victoria, one of the highest-priced housing markets in the country. On...