The price of land is not going down, nor building material and let's not forget labour.
There is subsidized housing in the GTA with the City of Toronto being the biggest landlord. It really doesn't work.
The city donating precious tracks of land to build a 30 unit building is a nice photo op. But it really isn't solving the problem
Perhaps look to cities that are eroding or suffering from lack of work. It requires a multi government plan to relocate, entice and subsidize businesses to relocate outside the GTA and same with builders. Take Peterborough, 90minutes north east of Toronto with schools, hospitals and some industries. And with serviceable land. We should be investing in these cities as our tex dollars will go further.
There is subsidized housing in the GTA with the City of Toronto being the biggest landlord. It really doesn't work.
The city donating precious tracks of land to build a 30 unit building is a nice photo op. But it really isn't solving the problem
Perhaps look to cities that are eroding or suffering from lack of work. It requires a multi government plan to relocate, entice and subsidize businesses to relocate outside the GTA and same with builders. Take Peterborough, 90minutes north east of Toronto with schools, hospitals and some industries. And with serviceable land. We should be investing in these cities as our tex dollars will go further.