Disturbing numbers I learned today confirm what I've seen for months now - new home construction is slow in Nanaimo. Single family starts are clearly way down.
Analysis of yearly data going back 20 years for both:
1) home plan sales for 1 Nanaimo firm
2) Nanaimo building permits
show construction down 50%
The last 8 years for 2) has seen an average of 400 per year. This year so far 157. We might hit 200.
How much worse does it have to get before Nanaimo City Council will wake up and if not support its Construction Community, at least stop hurting it with regressive zoning rules?
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