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by dsomers
1924 days ago
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And your still wrong. Too much of Toronto is zoned for single family homes which is the main driver of lack of affordable housing. When you walk around midtown Berlin you don’t see any single detached houses with big front yards. What you see are mid rise apartment blocks that the city of Toronto literally makes illegal to build in large parts of the city. Then you have the federal government that has totally failed to pump the brakes on lending. This is 100% above bad planning by Canadians, stop blaming immigration it’s a lame cop out when the city only has a population density of about 4500 per sq km which is quite a bit on the low side for a major city. Look in the mirror. |
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Population growth is too high to meet demand for proper housing. Therefor, the solution is you cut back immigration, within a couple years demand for housing will fall dramatically. But no, you don't want to see prices fall, or you have something to gain with the immigration rate being high.