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Housing shortfall, costs and affordability
#50
There's no way that Ontario can keep up with the demand for housing. Our province's greatest housing boom happened in the 70's. People who benefitted from that boom are fighting tooth and nail to prevent a similar housing boom now. Even if everyone agreed to Doug's target of 1.5 million homes in the next 10 years, nobody would agree on the steps necessary to reach that goal. We don't want to develop green spaces or farmland. We don't want to increase density. Developers are going to sit on their land and money until profit margins are better. We need a new housing boom and housing starts are declining.

I don't blame homeowners for their hard work, success, and sheer dumb luck, but I do blame those who fight against new developments like this. They are actively preventing younger generations from following the same path they took to success.
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RE: 4396 King Street East | 30+18+8fl | Proposed - by Joedelay Highhoe - 03-06-2023, 11:18 AM

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