I disagree, actually. Yes, we welcomed too many people over the past five years тАФ we didn't even mean to. We're going to reduce levels to compensate for that fact, and I suspect we'll be back to our projected population levels in a few years. This level is what's required to satisfy the labour market and long term population replacement, any less and we'd be seeing labour shortages (like we had right before the pandemic.)
The problem is that we didn't plan to manage even the population growth targets we set for ourselves.
Focusing on esidential housing is masking a much larger problem. And if we fix the housing problem without solving the underlying problem, we're f'd.
The problem is a combination of population and birth rate changes, and the costs that go with that.
I disagree, actually. Yes, we welcomed too many people over the past five years тАФ we didn't even mean to. We're going to reduce levels to compensate for that fact, and I suspect we'll be back to our projected population levels in a few years. This level is what's required to satisfy the labour market and long term population replacement, any less and we'd be seeing labour shortages (like we had right before the pandemic.)
The problem is that we didn't plan to manage even the population growth targets we set for ourselves.