When homeowners can't afford their homes, those homes are then removed from the pool of available housing for a period of time — usually much longer than necessary. (effectivecoverage.com)
This obviously reduces available housing stock, because they're neither owner - occupied nor able to be rented. (effectivecoverage.com)
While ambitious, it is in line with the expectation of growth from international students and the limited available housing. (remonline.com)