Numbers can lie, or at the very least obfuscate the truth. Consider the following, as an example:
Families are having fewer children, so the average number of people per home has dropped (eg. from 4/home to 3/home). That would mean we need 33% more homes just to account for the same population.
New housing stock may not meet needs; a tonne of studio, 1 bedroom inner city apartments may not be suitable for the above families, so demand for existing stock just increases.
Numbers can lie, or at the very least obfuscate the truth. Consider the following, as an example:
Families are having fewer children, so the average number of people per home has dropped (eg. from 4/home to 3/home). That would mean we need 33% more homes just to account for the same population.
New housing stock may not meet needs; a tonne of studio, 1 bedroom inner city apartments may not be suitable for the above families, so demand for existing stock just increases.