Housing affordability remains an existential issue for millions of Canadians. So why do Conservative MPs like Jacob Mantle seem so determined to undermine potential solutions like modular housing?
Why are they trying to build more houses when we have a surplus of units? Builders aren’t building anymore because their existing inventory isn’t selling.
They won’t drop prices because of greed and using real estate as investments. So now we have immigrants with low-paying jobs trying to buy homes with inflated price tags.
Either lower prices of homes or start paying workers more so they can afford homes.
In the greater Toronto area. So many vacant condo units. Pre-construction buildings not having enough sold units to meet threshold and thus not being built. Builders being forced to reduce pricing or offer up better incentives to buyers.
But who has $20,000 sitting around to make a down payment on a 1 Million dollar townhome? Wages need to go up. That starts with our employers.
Why are they trying to build more houses when we have a surplus of units? Builders aren’t building anymore because their existing inventory isn’t selling.
They won’t drop prices because of greed and using real estate as investments. So now we have immigrants with low-paying jobs trying to buy homes with inflated price tags.
Either lower prices of homes or start paying workers more so they can afford homes.
Where is there a surplus of units?
In the greater Toronto area. So many vacant condo units. Pre-construction buildings not having enough sold units to meet threshold and thus not being built. Builders being forced to reduce pricing or offer up better incentives to buyers.
But who has $20,000 sitting around to make a down payment on a 1 Million dollar townhome? Wages need to go up. That starts with our employers.
Do you have a source for that? I’m having trouble finding anything.