More homes doesn't equal lower costs

The land use bylaw won’t lower housing costs as long as planning, building, and sale prices remain inflated. I raised this concern during the Accelerator Fund debate. The narrative that “4-plexes are a right” overlooks the fact that only 11% of those builds are designated as affordable housing—and even that label is increasingly misleading. What we’re more likely to see are condos priced at $250,000+ and rents rising by at least $100/month within the next year. These aren't single-family homes, and they’re not being built on the vacant residential lots we already have. On my website, I mapped several empty lots in my neighborhood—two have sat unsold for over two years. The problem isn’t lack of land; it’s bureaucracy and inflated market values.