(02-14-2020, 10:37 AM)Spokes Wrote: Im surprised London saw that much growth. Great for KWC though!
We are surprised too. London's been growing at less than 1% a year since 2001 or so until a couple years ago.
Housing prices are nearly double what they were just 10 years ago, and keep rising fast. I am assuming many new residents are from Toronto / Greater Toronto who have moved here from selling their homes there at a huge profit.
Problem is London isn't really ready to handle this growth. Unlike Waterloo region, we have no local freeways, no rapid transit (but a partial BRT system is coming) and no regional transit to London's joke of a CMA (nearest small towns/cities are a 20+ min drive away through corn fields).