As with most 'housing shortage' articles the issue is price and location vs some group's opinion of the type of housing that should be built.

Based on media coverage it appears that even if someone wanted to build large 3 bedroom condos (disregarding prices) that it would take many years to get approval from the city.

This type of unit would be a candidate for the type of midrise building that have been talked about for several years but which developers seem to have problems getting permitted.