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While I agree that cars suck and the amount of parking required for them is terrible, this whole article seems likes an attempt to distract the reader from the real issues, which are weak laws on foreign and corporate investment, limited regulations of the rent market, a tremendous cost of living across the country, and lack of competition in multiple housing related sectors

This is an extremely weak study. It only allowed for one year for prices to correct, and it only affected certain areas of a single city.

It takes far longer than that for the market to correct itself naturally. The only thing that would instantly lower prices is if you required all investors to immediately divest their holdings in that area, and that’s extremely unlikely to happen.

Yes, “naturally” is probably a bad term to use there. What I mean is that the effects of a policy like that shouldn’t be expected to come into effect immediately - supply/demand is more of a loose trend over time, not an instant correction.