This is interesting, what are Official Labrador Merry Xmas Ugly Christmas Shirt your immigration rates compared to build rates, like approximately? Do they build less? Also in Canada do you also have a lot of people consolidating in cities more than say 20 or 30 years ago? I assume yes? I am more familiar with Vancouver but there I know during rush hour you can be an hour away from the city and still be in a ton of traffic. Does Toronto also have a problem with housing not being used by the owners? The build rates are definitely lagging immigration rates. The other issue is builders are pretty much focusing on tiny.
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1-bed condos right Official Labrador Merry Xmas Ugly Christmas Shirt now and they’re selling for like. It’s ridiculous. Sorry, I don’t have actual figures though. The one good thing to come from the covid pandemic is all the. Airbnb owners are now trying to rent out their units so rents in this city are starting to come down. Otherwise, it was around 2k a month for a typical condo. In terms of unused housing, people have talked about introducing a tax but it’s unclear how many units are actually empty. In terms of the rental market, it was near impossible to find vacancies before the pandemic indicating most units are probably being used.
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