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Roy Brander's avatar

When immigration hit 400,000/yr, I marvelled "Wow! That's 1% per year!"...and then it went way up.

But taking 1% as a round number for every 100,000 people, we get 1000 new heads to roof, requiring 500 homes. So "outpacing population growth" means that on average, fewer than 212/500 = 42% of the new housing-needy want "rental"? And we're building at least 288 homes/100,000 people that are non-rental?

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