Adam Michael Booth @MrAdamBooth
Lover of laughter and Toronto sportsball related things. Hater of exploitation. Proud resident of Scarborough Centre. He/Him #Onpoli #ToPoli #cdnpoli Scarborough, Ontario Joined March 2017-
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This is how cities create sprawl. They underforecast population growth, which causes them to jack up development charges, which pushes families out into surrounding communities.
@NipseyHoussle It's so disgusting that you get online and advocate for policies with zero interest in actually figuring out what effect they have
Jon is right and George is wrong here. It's astounding to me we can live in a world of ON RRP, YCC, repo markets etc and people can still act like holding tsys somehow acts as a form of demand suppression. This ain't your grandaddy's tsy market
The overwhelming majority of economists or strategists/investors on Fintwit asked this question would respond roughly the same way as he did. Everyone has an opinion on MMT, but very few understand monetary operations enough to formulate intelligent criticism.
The overwhelming majority of economists or strategists/investors on Fintwit asked this question would respond roughly the same way as he did. Everyone has an opinion on MMT, but very few understand monetary operations enough to formulate intelligent criticism.
Development charges are a big factor in housing cost increases. The public used to pay these costs through taxes (a subsidy). However DCs amplify the expense because developers/buyers finance at higher rates than municipalities and developers also need a return on these costs.
Development charges are a big factor in housing cost increases. The public used to pay these costs through taxes (a subsidy). However DCs amplify the expense because developers/buyers finance at higher rates than municipalities and developers also need a return on these costs.
Folks can consider me an industry shill all they want but no one can say that about Rob, and Rob is saying the exact same thing I'm saying. Say it with me folks "there is nothing progressive about development charges".
Most activists I know don’t want to be activists. They just people who see something that’s wrong and feel compelled to do something about it.
Most activists I know don’t want to be activists. They just people who see something that’s wrong and feel compelled to do something about it.
Every 14 minute headway (or 7 minute headway) on the subway is a subtle nudge to get in a car and drive.
Every 14 minute headway (or 7 minute headway) on the subway is a subtle nudge to get in a car and drive.
not to be a mean girl or anything but the new canadian army logo looks like a moose taking the world’s biggest dump
Spadina needs less lanes
The planners working on Villiers just don't get it. Even if there are only two car lanes, excessively wide streets still create a terrible public realm.
The planners working on Villiers just don't get it. Even if there are only two car lanes, excessively wide streets still create a terrible public realm.
Poor Woll, but such a clutch performance from him and Willy. Knies just continues to improve every game too.
Happy to be featured in @TheEconomist piece on the historical success of transit in suburban Toronto as part of their Urban Performance Index series. We need to remember what made it successful. impact.economist.com/sustainability…
"The future of our city and extraordinary waterfront demands us to be bold and ambitious in designing this land." A welcome call to action from @naama_blonder to @WaterfrontTO: smartdensity.com/the-time-is-no…
It's Willy's night! All hail our Swedish Prince #LeafsForever
Lol when Edmonton beats every US city except New York. Incredible how bad US transit is.
Over 14,800 residential units are in development surrounding the Stockyards at Keele and St Clair. The area will eventually be serviced by the St Clair-Old Weston GO Station. #Toronto #urbanplanning #transit
"The drought for Willy Nylander is over!" #Leafsforever
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699 Followers 1K Following So called Vancouver Canada based artist, shibari, burlesque portraits. He/They. Michael Brooks politics. Left is best. 15 yr game industry vet. Unionize. KN95er@MikePMoffatt Ive got a 3-4000 word piece on this insanity (TLDR: city costs/impacts adds $100k/home to a 50 unit infill building); couldn’t find publisher so going to scale back to under 1000 for local media and the post the longer bit on site.
This is how cities create sprawl. They underforecast population growth, which causes them to jack up development charges, which pushes families out into surrounding communities.
The dubious nature of some of these "expenses" is worth another thread. But what particularly caught my eye is that the city is only planning to add 82,000 homes over the next decade. The provincial Building Faster Fund requires them to build 151,000!
Very roughly speaking, how these figures are arrived at is that they calculate all the things they'll spend DC money on (many of which have little or no connection to "growth"), then divided it out over the anticipated number of new developments by type.
I keep telling people that the provinical housing targets have 0 meaning in all the things we plan, like infrastructure for new housing! Here is an example of it in action folks or not I suppose.
The dubious nature of some of these "expenses" is worth another thread. But what particularly caught my eye is that the city is only planning to add 82,000 homes over the next decade. The provincial Building Faster Fund requires them to build 151,000!
job sprawl is often used to rationalize lower transit ridership in US metro areas and downplay the impact of more transit service, often in comparison to canadian cities yet, evidence says otherwise! toronto is the most sprawling city in canada, its job density map is this /1
American metros with tremendous employment sprawl are just never going to have decent transit service
CAN I GET A HELL YEAH?
CONFIRMED: Referee Wes McCauley will NOT be officiating tomorrow's Game 7 between the Toronto Maple Leafs and the Boston Bruins. He's on standby in Nashville tonight. @NHLBruins @MapleLeafs
We can do better.
Toronto’s Villiers Island plan will waste a once-in-a-lifetime opportunity theglobeandmail.com/canada/toronto…
@RJSCity @chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets Seriously. “Let’s add a special tax on the most environmentally friendly form of development” is truly bizarre.
@RJSCity @chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets BCs substantially lower taxes on rental apartment construction is a massive part of the story of why they’re kicking the snot out of Ontario.
@MikePMoffatt @chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets And while I can appreciate the economic efficiency argument of new development paying for itself, that only works if you make old development pay for itself as well. So, when the road outside your 80 year old house gets repaved, you should get a bill for the cost.
@RJSCity @chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets In short, I cannot figure out why the Ontario NDP supports low taxes for the house-rich and high taxes for the house-poor. It’s unbelievably regressive to shift the tax base onto younger, poorer, and newer Canadians.
@chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets @MikePMoffatt I’m a big fan of the initiatives that BC has undertaken. I was also fairly involved in Edmonton’s rezoning to allow 8 units per lot everywhere. That doesn’t change the fact that development costs add to the cost of housing.
@RJSCity @chrisgloverndp @MrAdamBooth @buildinglegacys @SeanLee_tweets Vancouver/BC also has lower fees than Toronto/Ontario.
@NipseyHoussle It's so disgusting that you get online and advocate for policies with zero interest in actually figuring out what effect they have
@DenisTrailin Yeah his argument does imply an infinite money glitch, but I wanted to also explain why it's wrong.
Patrick Condon's housing model is wrong. But it's wrong in some pretty interesting & pseudo-Georgist ways. So let's go through them. 🧵
Great thread. I do wonder if this debate of “does building more homes in our cities create affordability?” kind of misses the point, though. The big benefit to building more homes in our cities is… we have more homes in our cities.
Patrick Condon's housing model is wrong. But it's wrong in some pretty interesting & pseudo-Georgist ways. So let's go through them. 🧵