It takes over 3.5 years to get a project approved from the minute the application is put into the City. Why should it take that long when housing is needed today? 

When you have geographic constraints to growth with mountains to the north, USA border to the south, water to the west and the only way that the metro area can grow is to the east. Then we add in the ALR restrictions  as to how much land is available.

Restrict anything to that extent then prices will go through the "roof", pun intended.

The only way to grow is up. The city needs to mandate more 3 bedroom units in the condo projects.  What's with the 3 or 5 story condo projects being approved along transit corridors. (see Granville and Cambie with some exceptions). Density needs to be increased.

Those that think that Surrey and Coquitlam have lots of land to grow for single family homes, well, they haven't been there lately. It's running out fast. More pricing problems when it does run out.