Canada has been building housing at a much higher rate than the US in the last 2 decades. Not enough, but more.

daedrdev 5 hours ago | parent | next [-]

They have been underbuilding compared to their population trends as we see their prices continue to skyrocket

	▲	bryanlarsen 5 hours ago \| parent [-]
		Down substantially from the peak in 2022. And that's nominal prices. Adjusting for inflation will show that real prices are lower now than they were in 2017. https://tradingeconomics.com/canada/average-house-prices

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jeffbee 6 hours ago | parent | prev [-]

Hrmm. What data source can I see to demonstrate this? I looked at a chart I have referenced before that shows nationwide USA housing starts over the last 20 years ranging from 2 to 8 per 1000 people. Then I searched for one for Canada and found one suggesting 1-2 per 1000 since 2005. And, evidently, the situation in Canada as developed/deteriorated to the extent there's a whole subreddit for the canadian housing crisis?

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bryanlarsen 6 hours ago | parent [-]

Looks to be averaging around 250,000 per year over the last decade. That'd be over 12 per 1000. https://tradingeconomics.com/canada/housing-starts

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jeffbee 6 hours ago | parent [-]

Yes so it looks like the Reddit people are committing major chart-crimes, showing quarterly data as such, rather than annualized rates, and not mentioning it. It looks like this is a source of truth: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=341001...

	▲	mh- 5 hours ago \| parent [-]
		I have watched reddit become useless for any kind of nuanced debate over the last 5 years. It's rather sad to me, because once upon a time I learned a lot about others views - especially ones I disagree with. Even HN is much less welcoming of the "I think I agree with you, but walk me through your thinking" replies than it used to be. I presume this is reflective of a few broader societal trends, and it's.. not good.