The current housing crisis bears many similarities to the crisis of the 1950s: significant population movement, a slowdown in residential construction, unaffordable housing for the middle class, and a difficult economic context.
However, other factors are now intensifying the crisis, such as housing regulations across three uncoordinated levels of government, administrative delays, evolving family dynamics (increased divorces and separations), and the post-pandemic effects (material shortages, price surges).
Additionally, large-scale land purchases by corporations, the rise of short-term rentals (Airbnb), developers' preference for luxury housing, and labor shortages worsen the situation. It's clear that reducing immigration would only worsen the labor shortage.