The federal government plans to spend billions on “affordable” housing over the next several years.
The typical number of approval bodies with veto power over rezoning increased in many cities.
Mandating parking can leave less room for housing.
Supply elasticity is a central factor in any analysis of home-price growth.
Rent control could devastate the rental market in Toronto.
In the Greater Golden Horseshoe, per-unit building costs to comply with regulation amount to nearly $50,000.
It takes 21 months, on average, for Vancouver to approve housing projects compared to seven months in Burnaby.
Since sprawl is limited, to grow its housing supply, Toronto must build up.
Compliance costs and fees in Toronto are typically more than twice what they are in Hamilton.
To reduce the cost of housing in Vancouver, more units must be built.