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Hah, yeah. We're in a terrible housing crisis here in Ontario (houses around Toronto are now worth over a million) and tent-cities are cropping up everywhere,
by Pxtl 4y ago
Hah, yeah. We're in a terrible housing crisis here in Ontario (houses around Toronto are now worth over a million) and tent-cities are cropping up everywhere, and "commie blocks" are what anti-urbanists point to when they complain about the new housing going in to meet demand, and all I can think is that I'll take Khrushchyovkas over tent-cities any day of the week.
> This appears to be due to induced demand - especially now that so many apartments are bought as investments and never rented out.
This is always the question. If even half of them are getting rented out, then at least new units are adding to the market and helping to battle rent... but it seems like governments are so crippled in their ability to know for certain how many people live in how many units.