Dog create condos in Toronto have approximately $100k in taxes attached to them when that number was just a few thousand 20 or so years ago. The Toronto markets are cooked.
The article is pretty clear - it is saying new projects are unable to start, cancelled before starting.
Is this not good news for housing?
- it allows for current over supply of housing to balance out , till the population demand catches up
- for those who hate dog-crates, it simply means they are not building more dog crates
Good news for everyone. Simple logic, dont build until people start buying
They haven't lowered the price and are all out of ideas.
I really hope the tax payers aren't on the hook for all this incompetence.
Drop the prices and build livable sized units.
the free market takes a couple years to catch up to reality.
Dog create condos in Toronto have approximately $100k in taxes attached to them when that number was just a few thousand 20 or so years ago. The Toronto markets are cooked.
tiniest violin for rich condo developers
Build some freehold condos. 😂
The article is pretty clear - it is saying new projects are unable to start, cancelled before starting.
Is this not good news for housing?
- it allows for current over supply of housing to balance out , till the population demand catches up
- for those who hate dog-crates, it simply means they are not building more dog crates
Good news for everyone. Simple logic, dont build until people start buying