In Toronto the approvals process costs nearly $47,000 per housing unit (on average), compared to $21,000 in Hamilton.
affordable housing
November 22, 2017
2:42PM
Toronto, Vancouver and other high-demand cities should focus on getting more housing built, at a quicker pace.
October 30, 2017
10:39AM
City hall should shorten approval timelines for building permits.
October 4, 2017
10:30AM
Recently 1,000 units initially intended for the rental market have been converted into condo units.
May 4, 2017
9:07AM
To reduce the cost of housing in Vancouver, more units must be built.
April 19, 2017
9:47AM
If selling condos is more lucrative, that’s what property developers will do.
March 22, 2017
10:06AM
Once prices aren’t allowed to increase to meet demand, people face strong disincentives to build new units.
January 10, 2017
2:14PM
Boosting demand for a good without also boosting its supply puts upward pressure on prices.
July 8, 2016
1:30PM
If new housing supply can adequately respond to spillovers in demand, there’s no reason for bidding wars in middle-class neighbourhoods.