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No one can. The government chooses not to track it, and it's difficult to do without major resources. I know that in Toronto there's a lot of casual evidence o
by wmil 10y ago
No one can. The government chooses not to track it, and it's difficult to do without major resources.
I know that in Toronto there's a lot of casual evidence of empty condos. Multiple buildings are springing up without any need for sewer system upgrades. The lights never seem to be on in most of the units. Keep in mind it gets dark before 5 in the winter. New condo developments don't seem to have grocery stores or supporting businesses.
But again, there's evidence but no one can get any real numbers.
Also owners have an incentive to lie to the government. Getting Canadian citizenship requires spending most of your time in the country for multiple years, but that's hard to track if you come and go on different passports.
- sanswork 10y agoI have no doubt there are a lot of chinese condo owners in Toronto but I don't believe they are leaving the units empty as commonly claimed. >Multiple buildings are springing up without any need for sewer system upgrades. How would you know? Do you think most people ask the guys digging up the streets what they are doing? Or what kind of capacity exists in Toronto already(was it future proofed?) >The lights never seem to be on in most of the units. Can you give any examples of buildings that are over a year old that are like this? I moved into 33 bay st on the first day residents were allowed in and my floor was empty for 3 months other an me. Most of the building was empty but that was largely because a) there were a lot of units for rent that took time to fill out. b) the sales office was open for 2 years after the building was complete as a lot of units weren't sold straight away. >New condo developments don't seem to have grocery stores or supporting businesses. Have you got any examples of this? 33 bay doesn't have a grocery store in it but everyone in those 4 buildings went to the Longos under Mapleleaf square or the Loblaws the other direction. Cityplace has a grocery store and pretty active bars/restaurants now. The ones on King/Queen have the Loblaws on Queen in walking distance and the ones on Yonge between bloor/king have the MLG Loblaws. >Getting Canadian citizenship requires spending most of your time in the country for multiple years, but that's hard to track if you come and go on different passports. Most of the people aren't looking for citizenship though only PR status which doesn't require that.