Booming Population & Plummeting Housing Starts: What’s Next for Toronto’s Housing Market? 

What kept canada in the top in term of infrastructure and living standard in the past was bc we developed very early, now as other countries are catching and surpassing us just shows our entire policy of the country doesn't work! Building an 20km LRT in mississauga started 3 years ago, still havnt seen anything installed, our pace is ridiculous! Other countries in 3 years would have completed 100s of kms.

The thing is even they lower the number the increased in population already happened its not like they gonna stop or they will send them back so the pressure on prices and demand will still be there.

Well, the feds are proposing they're going to hand out Canadian citizenship like it's going out of style so...

Booming copulation...😳😂

I'm less concerned than most. Gov't of Canada and many provinces will be supporting purpose built rentals in the coming years. Also the market cooling down will finally allow those who want to become homeowners an opportunity. The only people that will get screwed over are speculators who gambled on per-constructions in the last three years, which is fine by me, since they caused this mess.

Popular growth where are the jobs

The end game is bunk beds for all.

But yet. Inventory is rising? Explain? Someone?

Toronto is done. The city is just falling apart. I am typing this on the platform as another subway train is out of service 😋

More people after a smaller pie, recipe for increased poverty and misery for all.

FJT

good news. I am raising the tenant rents on my apartments accordingly

It is always interesting to me that John never mentions that you cannot have a large number of low rise housing being built in the GTA without land which we have limited with the Greenbelt.

Please 🙏 Do not confuse people. You know it very well what kinda tornado is on its way......... Kindly speak out a little more clearly 🙏

Get ready for a second wave of rate hikes.

Growing the population 4X faster than normal rate but building at a lower average pace.. The housing market is only going to get worse for decades unless this country makes significant change.

Crash coming.. not yet but on its way

Step 1. Slap all of these investors hoarding properties with a commercial tax double the normal residential property tax. Step 2. Drop the land transfer tax on end users. Step 3. Stop pretending gov't public housing is a solution when in fact it's building ghettos. Step 4. Build private coops that aren't charged ridiculous development fees to build. Step 5. Smash the NIMBYs, most of whom are the same people who think public housing is a solution as long as it's not built in their backyard.

Interest rate should start to decline next wed,June 5. The chance to crush housing g market is almost zero chance now