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Now I hear that Toronto has too much housing

  • Thread starter Thread starter ReservoirDog
  • Start date Start date
I just read the article, then came here. It is not that Toronto has too much housing, the buildings are all occupied. The issue is that family sizes have decreased over the years, but the same houses are there, so the population in the suburbs has decreased. So individuals have too much house, because they are a few people living in big houses. The article is promoting the idea of the city allowing apartments to be built where single-family houses are now, to increase the density. That is a suggestion that is worth considering, but the headline is misleading. My interpretation is that once again, government is the problem. Though the Star would never subscribe to that theory.
 
When the houses cost 100 bajillion dollars, no one can afford them, except foreign brokerage firms hell-bent on converting everything into a condo (which is basically a scam). Then you need a car to get to work, because transit is quasi non-existent, which is an added financial burden, and yeah. Most people (28-46) who traditionally would buy a house find it cheaper to rent closer to downtown and have resigned themselves to doing so in this city.
 
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