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Il s'agit d'une communauté dédiée au Canada et aux Canadiens !

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Les postes doivent être pertinentes pour le Canada ou les Canadiens
Pas de désinformation
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AgreeableLandscape@lemmy.ml

Some artists like draw what they know, and boy do I know the Canadian housing market (lemmy.ml)

submitted 1 year ago by yogthos@lemmy.ml to c/canada@lemmy.ml

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[–] CdnCurmudgeon@mastodon.social 2 points 1 year ago

@PM_ME_YOUR_ZOD_RUNES @lobut
In part it happens because the province outlawed bonusing in the Municipal Act, preventing municipalities from offering businesses benefits to move there (free land, tax breaks, etc). That helped concentrate business & industry in the GTA.

We saw a similar housing crunch in Collingwood, although it began before the pandemic. Now it's hard to find any houses under $800K, and many sell for >$1M. MPAC is part of the problem, too.