Cost of housing in Canada

[Eaglelord17]

In fairness to the market, the government incentivized homes as investments through their policies, so it was a twonsoded effort to get us to this dysfunctional housing market.

Could have avoided a lot of the problems by just denying the permits to build these unlivable condos.

Minimum standards as to size and living conditions should be set higher to begin with.

 

[Brad Sallows]

Governments want more people living in smaller spaces at higher densities. Nothing about what has been permitted so far was by mistake.

Development fees are a consequence of municipalities exhausting their traditional tax bases.

 

[Furniture]

Could have avoided a lot of the problems by just denying the permits to build these unlivable condos.

Minimum standards as to size and living conditions should be set higher to begin with.

Depends on what you call "liveable". I had a 450 sq ft apartment at one time that had a full kitchen, and was perfect for a single person living alone. No wasted space, and everything a single person needed. That said, I wasn't paying a premium for the privilege of having no extra space.

I know people with full kitchens that only microwave or air fry their food, so not having a full kitchen wouldn't change their lifestyle.

The problem with the "unliveable" condos in Toronto, Vancouver, etc., isn't necessarily the size, it's the cost for the unit size you're getting. That's why people aren't buying them.

 

[lenaitch]

Depends on what you call "liveable". I had a 450 sq ft apartment at one time that had a full kitchen, and was perfect for a single person living alone. No wasted space, and everything a single person needed. That said, I wasn't paying a premium for the privilege of having no extra space.

I know people with full kitchens that only microwave or air fry their food, so not having a full kitchen wouldn't change their lifestyle.

The problem with the "unliveable" condos in Toronto, Vancouver, etc., isn't necessarily the size, it's the cost for the unit size you're getting. That's why people aren't buying them.

As did I, but if municipalities are approving buildings full of nothing but, they they are not meeting the needs of much of their population of couples and, in particular, families. When your housing market is primarily suitable for singles only, you're not building residences, you're building dorms.