4 ms·
Isn't Toronto one of the most expensive cities to live in North America? If you are building large houses in a nice, walkable area, you can't fit enough people
by bart_spoon 5y ago
Isn't Toronto one of the most expensive cities to live in North America? If you are building large houses in a nice, walkable area, you can't fit enough people there to match demand, and so the cost of the housing spikes. The point is that you can pick 2: walkability, large houses, affordability.
* Walkability, large houses = very expensive neighborhoods and gentrification
* Large houses, affordable = rural areas where cars are required
* Affordable, walkable neighborhood = Tiny apartments/homes in an urban area
* A bit of the best/worst of all 3 = Suburbs
- throw0101a 5y agoThose houses—actually the land that they're built on—are expensive nowadays because living in the urban city is cool again. Up until ~2000 it was not so, because living in the city was for immigrants and all the WASPs moved into the innter/outer suburbs with their white picket fences. The area of the links is where the Poles concentrated; to the west were the Ukrainians; to the east is Little Portugal (then onto Chinatown); to the north-east is Little Italy. Toronto is a good example of what Jane Jacobs saying 'you don't live in a city, but in a neighbourhood': * https://en.wikipedia.org/wiki/List_of_neighbourhoods_in_Toronto#Old_Toronto https://en.wikipedia.org/wiki/List_of_neighbourhoods_in_Toro... And the reason why Toronto (SW Ontario) is so expensive, especially since 2015, is because we've had so much immigration in the region, but housing hasn't kept up by pure volume (regardless of density or other factors).
- ghaff 5y agoBasically over the course of about 20 years, college educated twenty somethings decided they liked living in the city. When I graduated from grad school, aside from those working in Manhattan, almost none of my cohort moved to a city.