18
submitted 2 years ago by [email protected] to c/[email protected]

[some company built] two-bedroom and three-bedroom stacked townhouse units in Toronto, selling for $500,000 on average. The city charged our project the full development charges of $30,000 per unit. At the same time, companies behind luxury condos in the city selling for $1.5-million were also paying $30,000 per unit.

Interesting idea. It doesn't sound like a silver bullet for the housing crisis, but it would be a step in the right direction.

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this post was submitted on 19 Jun 2023
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