IKnowNothing
Army.ca Veteran
- Reaction score
- 1,220
- Points
- 990
Horses for courses.
The prairies have the space- if they want to go the route of sprawl that's their choice.
But Southern Ontario is a different story. Too much of the best farmland in the country is already under suburbs. We have massive stocks of low density SDH's, a centuries worth. But we need more places for people to live. Filling in the remaining gaps within urban boundaries with lower cost/ higher density housing is both what the free market and societal need is calling for. The role of central planning in the next little bit should be to
In terms of the overall situation, looking at CREA data for some "non-GTA" urban centres (Guelph, KW, London, Barrie)
The prairies have the space- if they want to go the route of sprawl that's their choice.
But Southern Ontario is a different story. Too much of the best farmland in the country is already under suburbs. We have massive stocks of low density SDH's, a centuries worth. But we need more places for people to live. Filling in the remaining gaps within urban boundaries with lower cost/ higher density housing is both what the free market and societal need is calling for. The role of central planning in the next little bit should be to
- enable it via infrastructure
- ensure social needs are looked after ie. push developers for livable family size units, not micro condo bachelor pads, make sure there's green space and adequate parking
- get out of the way and take Nimby's with them
In terms of the overall situation, looking at CREA data for some "non-GTA" urban centres (Guelph, KW, London, Barrie)
- The average price is flat with where it was in approximately summer 2021, no net price growth in 3 years
- IF prices finish the year where they are now (big if) the 5 year price growth (as a %) from 2020 to 2025 will actually be smaller than that of 2015-2020, with all of it happening in the first 18 months of the window