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Toronto and Vancouver build housing at a much higher pace than any similarly sized American city. At one point Toronto had as many skyscraper construction cra
by bryanlarsen 3y ago
Toronto and Vancouver build housing at a much higher pace than any similarly sized American city. At one point Toronto had as many skyscraper construction cranes as all American cities put together. But they're growing even faster than housing is built.
- red-iron-pine 3y agoare they growing, or are people buying up all the housing with foreign money, and/or large corporations grabbing a piece. > 1 in 5 properties across much of Canada are owned by investors. That makes it harder for 1st-time buyers https://www.cbc.ca/news/canada/british-columbia/housing-investors-canada-bc-1.6743083 https://www.cbc.ca/news/canada/british-columbia/housing-inve...
- bryanlarsen 3y ago40% of Camadians rent from investors. Not everybody wants to own.
- deleted 3y ago[deleted]