Written for Daily Hive Urbanized by Mark Goodman, Ian Brackett, and Megan Johal, who are brokers at Goodman Commercial , which specializes in the sale of rental apartment buildings and development sites in Metro Vancouver. They also publish The Goodman Report.

The new federal government made some big promises during the recent election campaign.

With the goal of doubling the pace of housing construction, the Liberals under Prime Minister Mark Carney proposed direct investment in affordable housing, low-cost financing, a push to reduce red tape, and cutting municipal development fees in half.

The latter three ideas are wholeheartedly welcomed, and, if done correctly, should help increase supply. While doubling the pace of construction is far-fetched, any improvements are appreciated.

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