In Kitchener-Waterloo.....
Any guesses why the guy in the house is selling?
Would you buy that house?
No skinny dipping at night there anymore.
Is your dream place located next to a major transit station in an area that's already been congested for the past five years? Where this development is recommended is cities like Brampton and Mississauga, not some BC ski town with land as far as the eye can see.It just sucks when you invest in something, a lifestyle and a major financial investment, and then you watch it get devalued around you courtesy of the gov't changing the rules on you. Not sure if you're old enough yet to have dropped 7+ figures on your dream place, but once you do, you will know exactly what we're talking about. And of course politicians would never approve zoning changes, homeless shelters, injection sites, etc, in their neighbourhoods!
And of course politicians would never approve zoning changes, homeless shelters, injection sites, etc, in their neighbourhoods!
Where this development is recommended is cities like Brampton and Mississauga, not some BC ski town with land as far as the eye can see.
Immigration plays a huge part in the housing crisis, but so does NIMBYism.
I said the government is prioritizing projects planned around public transit hubs. Brampton, the city that received $114 million from the Housing Accelerator Fund, made it clear that all multiplexes must be built within 800 metres of transit.And your "close to transit" requirement is also incorrect, as the Liberals stipulated a 4-6 mini-house design in areas WITHOUT nearby bus or rail/subway transit, and a recommendation of 8 mini-houses per lot for those with transit access.
Please do not put words in my mouth.
You say this but link to an article that parrots what I'm saying hereWell, you seem to be off on your own conversation that doesn't link to anything I've posted concerning "existing one house lots being rezoned for up to 8 mini-houses", but you seem to be having a good time.
And that's the important thing.
Since we're on the topic of housing, I must ask, as I know some of you have children around my age (mid-twenties): Do you truly think they have a shot at homeownership, or is the plan to let them live with you forever?
I take occupancy in March. Maybe then I'll adopt that "I've got mine, screw you" mentality.
Ouch, that's brutal. Its too easy to have looked at the property, saw all single family zoning and plans all around, thought no problem, lets buy! Then a few years later, wham, the local gov't decides they need cheaper high density housing so they rezone next door and you get screwed. Around the corner from my house, the park we were promised which was in the community plan got rezoned as another 6 lots - at least they were single-family lots still though - but still not what we were promised either.
In Kitchener-Waterloo.....
Any guesses why the guy in the house is selling?
Would you buy that house?
No skinny dipping at night there anymore.
For sure - its all about taxes and I'm not even sure some of these municipalities even give a shit about immigration, as long as they think there's enough demand to sell higher density housing (i.e. more taxes per expenses), then they can be more profitable and justify more raises. In fact I think they measure taxes and expenses (paving, maintenance, etc) per foot of curb. So all that matters is getting a higher tax/expense ratio per foot of curb. And density is how they do that.I bet these multi unit developments on a single lot bring in more taxes to the government than building a single house. They can now 4x and 6x the tax if they go by unit. Taxes are one of the biggest costs when building a residence, but don’t look to government to lower those even though they say they want more affordable housing.
I'm not saying our country's immigration isn't out of control; that's not why I initially replied to this thread. Even if we were to halt immigration tomorrow, there would still be a decade-long housing crisis. Knowing this, should we continue to kick this can down the road until our immigration problem is solved?But the question is, do you just allow historically high immigration to continue when it seriously impacts affordability? While there are more factors than just immigration (airbnbs, foreign absentee ownership, etc), the housing market can only respond so fast. If your bathtub is overflowing, you don't start grabbing buckets and towels first, you shut off the tap first. Maybe if you're 3 years old you don't think of that, but any adult would. We need some adult supervision in the gov't again.
Your Comment Speaks Volumes!Canada is becoming a cesspool of garbage, can you guess where most of the immigrants are coming from? Even if you find an apartment its been destroyed by 10 immigrants crammed into a two bedroom.
Even if you find an apartment its been destroyed by 10 immigrants crammed into a two bedroom.
No, you are right, there needs to be a multi-pronged fix for sure. Stopping foreign investment into Canadian real estate that then sits idle is a good start that I know they're starting to address in BC. However, its really hard for the gov't to turn down free money - that's why there's so much money laundering that goes on in BC casinos that the gov't is happy to turn a blind eye to. I think a lot of asian money makes its way to Vancouver. I think that's also a big factor here at least.I'm not saying our country's immigration isn't out of control; that's not why I initially replied to this thread. Even if we were to halt immigration tomorrow, there would still be a decade-long housing crisis. Knowing this, should we continue to kick this can down the road until our immigration problem is solved?
Also, can we make a liberal grievance thread already?
Even if we were to halt immigration tomorrow, there would still be a decade-long housing crisis.