Canada’s housing crisis poised to worsen without major reforms, RBC report says. Here's what needs to happen.

[CdnFox]

26 minutes ago, eyeball said:

Sure. It's the 4th idea in the list of 7 in RBC's housing report.  I guess you didn't read it because you're such a know it all who didn't need to.

Ahhh i forgot about your comprehension problems.

I"m sure that would help but it's not what's been holding us back and it's easy to do.

Sorry kiddo - zoning is not our big problem. In case you havent' noticed - they've been building 250 k houses a year for quite a while.  That's about 2.5 million homes.  THey're still building homes today even tho at a reduced rate.  Zoning didn't hold them back.  The problem is they built those in 10 years instead of 5.  And that's not a zoning issue.

Sorry kid you really are too stupid for this conversation.

[eyeball]

15 minutes ago, CdnFox said:

Ahhh i forgot about your comprehension problems.

My mistake, I shouldn't have assumed you actually looked at the RBC report the G&M story your thread is based on wrote about.

Apparently you can't bring yourself to do so.

15 minutes ago, CdnFox said:

Zoning didn't hold them back.  The problem is they built those in 10 years instead of 5.  And that's not a zoning issue.

Well sure there was COVID and now high interest rates holding things back. The report mentioned these as well as a chaotic housing market.

This slowdown may have diluted or masked the fact zoning issues are a prominent aspect of the housing conundrum but they haven't gone away. I highly doubt that training institutions for building trades, materials manufacturers or people who might wish to rezone are going to invest time or money gearing up for the great rebuild until all the ducks are lined up, especially the biggest flock, residential property owners.

[CdnFox]

23 minutes ago, eyeball said:

My mistake,

You make a lot of mistakes. In this case your mistake was trying to pretend something that's a fairly minor issue was the biggest hold back for new homes. it isnt

 

Quote

Well sure there was COVID and now high interest rates holding things back. The report mentioned these as well as a chaotic housing market.

Housing starts went up during covid.  They're down now because of interest rate insecurity.  Which the libs made necessary by excessive spending and immigration driving up inflation.

Quote

This slowdown may have diluted or masked the fact zoning issues are a prominent aspect of the housing conundrum

They're not.

Quote

 I highly doubt that training institutions for building trades, materials manufacturers or people who might wish to rezone are going to invest time or money gearing up for the great rebuild until all the ducks are lined up, especially the biggest flock, residential property owners.

Not the issue at all. 

The issue is this. A home's sale price is actually a function of how much of a morgage people can afford.  So - if in the 3 years between when a developer decides to build and the building actually gets done interest rates go up - that means what he can sell for goes down.  Fluctuating interest rates are a serious danger.

So - in uncertain times on the the prime projects guaranteed to make money go forward and housing starts slow down. And justin has created that insecurity.  At a time when he's bringing in more immigrants than ever.

 

[eyeball]

2 minutes ago, CdnFox said:

In this case your mistake was trying to pretend something that's a fairly minor issue was the biggest hold back for new homes.

It certainly was where I live. And even more so with regards to addressing housing shortages for renters who need affordable housing. Now people can build or legalize existing secondary suites, laneway houses, and yes build duplexes, triplexes and fourplexes too.

I think Nimbys are probably more scared of new renters not new owners.

[CdnFox]

2 hours ago, eyeball said:

It certainly was where I live.

What,, the wife wouldn't let the gf move in?!?  (Bada bing!!! _)

It's not a problem for the most part.  You see it here and there but it's not what's holding us back.

Frankly infrastructure planning on a larger scale is a much bigger issue - and even that isn't the issue.

There's lots of places to build. There just are. For the next 5 years we'll build around 200 thousand units a year give or take and that's no problem.'  The problem is - how can we make that same thing happen in 2.5 years.  Or hell, even 3. Sustainably.

And the hold up there  is interest stability (short term), red tape and bureaucracy plus some specific financal disincentives for the developers to do so.

Everything else we can work around.