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Opinion: It’s not that we have too many people. It’s that we have too few houses
(www.theglobeandmail.com)
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this post was submitted on 13 Sep 2023
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No, it's also too many people.
Our highways systems and medical systems are also overwhelmed, it's not just housing. Build more houses, bring more people, and we just make all the other problems worse if we don't change something and start to fix/redesign those systems as well.
The chart here: https://www.macrotrends.net/countries/CAN/canada/population-growth-rate shows a steady growth rate over the past 70 years. Like you said, that's not a sustainable model for anything, including housing.
People really need to quit with the 'single family home with a white picket fence' bullshit and get more comfortable with medium/high density housing.