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Not to mention, Toronto's housing stock is full to the brim of extremely cheaply-built condos. I have family that work in various levels of the construction ind
by sjwalter 5y ago
Not to mention, Toronto's housing stock is full to the brim of extremely cheaply-built condos. I have family that work in various levels of the construction industry there, and the story is the same everywhere: Buildings thrown up with as little cost as possible, high-end fixtures and fancy washing machines in-unit, but all of the guts are just cheap garbage that will cost the condo-owners quite a bit long-term.
Considering the condo companies have no incentive to care about the long-term (once they sell-out, they easily extricate themselves from basically any repercussions of their stinginess), it's unsurprising.
Not to mention, the buildings are almost all ugly as hell.
So happy I don't have to live in Toronto.
- refurb 5y agoNot the first time that happened... https://en.wikipedia.org/wiki/Leaky_condo_crisis https://en.wikipedia.org/wiki/Leaky_condo_crisis In B.C. alone an estimated $4 billion in damage has occurred to over 900 buildings and 31,000 individual housing units built between the late 1980s and early 2000s, establishing it as the most extensive and most costly reconstruction of housing stock in Canadian history.