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Indeed. We need a lot more small apartments for individuals. It goes against conventional wisdom that we need more "family-sized homes" but in reality every jur
by jeffbee 10mo ago
Indeed. We need a lot more small apartments for individuals. It goes against conventional wisdom that we need more "family-sized homes" but in reality every jurisdiction just needs a ton of 1-bed units.
- bryanlarsen 10mo agoToronto overbuilt tiny condos and now prices are down 15% from 2023 peak. Other types of house prices are roughly stable. Hard to draw too many conclusions since "down 15%" is still "way to fricking expensive", but...
- jeffbee 10mo ago"overbuilt" seems editorial. Drive the price to zero. Nobody says that we overproduced potatoes just because they are all ten kilos for a dollar.
- bryanlarsen 10mo agoThey certainly do say that about potatoes in producer contexts.
- jeffbee 10mo agoTrue, but our response (in America) is just to pay off the producers to keep food market prices low.