Canadian Politics Today

Meh, I don't think it is possible to have a decent conversation about housing in Canada until the tide goes out so we can see who is swimming naked.

And by that I mean let's see what house prices are like when CIBC is getting bailed out by the feds, interest rates are 2% points higher and unemployment is running at 10.8%.

Otherwise, this is just an exercise in blaming foreigners (for over buying and under renting), city councils (for under developing) and devolpers (for being "greedy" - whateverTF that means    ).

Damn, msj, I used to think you're a pretty smart guy.  You don't know what developer greed means even in the context of 'wanting to maximize profit'?

And I'm not talking about prices of homes.  Even if the bottom falls and housing prices fall 50%, I think this idea makes sense given the limits of land and population growth in major cities.

There will always be people who insist on having a lawn and they can buy their houses and do all the upkeep that comes with it.  This concept is for people who want all the benefits of a condo as well as a house and are willing to pay a little less and have a middle ground.

I don't blame developer greed because that's what any company is supposed to do, but maybe non-profit or government agencies can take on the task of building these structures. 

I honestly think single family units in urban centres are a waste of resources.