OTDevelopment @DevelopmentOT

Real Estate Purpose Built Rental Enthusiast Toronto Joined November 2024

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OTDevelopment @DevelopmentOT

2 years ago

@Shelbylynnreid @jen_keesmaat Its both. High Development charges make projects harder to rationalize from a financial perspective, leading to less supply of new housing units

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OTDevelopment @DevelopmentOT

2 years ago

@JohnPasalis Fantastic summary and fully agree. I think this segment of the market will be compressed for a while

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OTDevelopment @DevelopmentOT

2 years ago

@DanielTyrie It's both

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OTDevelopment @DevelopmentOT

2 years ago

@CityNewsTO With further upward inflationary pressures (Trump presidency, Escalations in the Middle East and Russia), it will be interesting to see what the BoC does in December.

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OTDevelopment @DevelopmentOT

2 years ago

@ryangerritsen Providing housing options to a lower-income demographic is never a bad thing.

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OTDevelopment @DevelopmentOT

2 years ago

@JustinTrudeau Your "mistake" has effectively damaged Canadians' livelihoods and housing options for years to come. Appreciate the apology though.

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Notice the heatmaps of where all the new units are projected and then ask why the completion of these projects is not ultimately prioritized. There are many reasons for the housing crisis with many moving parts, but housing cannot work without transit.

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OTDevelopment @DevelopmentOT

2 years ago

I consider this and all other delays associated with transit to be a monumental reason for Toronto's housing crisis. Limiting the moveability around the city deters people from expanding into different areas to live. thestar.com/opinion/contri…