The Housing Crisis | Darin Watkins | TEDxSpokane

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The reason there is a shortage of rental housing is because there is no profit to be made in rental housing anymore. The cost of land, materials, labour, and utility bills is too high to be able to charge tenants cheap rent. This is due to SHORTAGES OF LAND, MATERIALS, LABOUR AND ELECTRICITY. We solve this problem by increasing the supply of land, materials, labour, and electricity. We increase the supply of land by rezoning land to allow higher density housing. We increase the supply of materials by manufacturing and importing more building materials. We increase the supply of labour by educating and IMPORTING MORE TRADESPEOPLE FROM CANADA. We increase the supply of electricity by building more power generation stations. If you do those things the price of rental housing will drop and be more profitable for the rental housing owner. Increase the supply to restore the profit motive.