Synopsis

A severe housing deficit persists, and property prices remain stubbornly elevated. Despite this, new construction is proceeding at a disappointingly slow rate. Instead, developers are deferring projects, finding it more advantageous to wait. This trend is widespread. The very housing types most urgently required – affordable rentals for educators and healthcare workers – are disproportionately impacted. It seems paradoxical that businesses would prioritize inaction over building. And how will th