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by Hammershaft
199 days ago
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Canada is a basket case for housing development but the only bright spots for outpacing demand with housing are Albertan cities with no rent control like Calgary and Edmonton. Edmonton recently outpaced Toronto in housing development on an absolute basis with much lower housing prices and less than 1/5th the population! |
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The same cannot be said of Toronto (or everywhere else in the nation that isn't the Prairies for similar reasons), for landed interests and the bureaucracy and corruption that comes with them are a lot more entrenched in that area.