evandyk
Senior Member
I'm not particularly hopeful either. I'm hoping for a long period of stagnation at best.
We need to stymie demand as well as increase supply. That means Canada needs to slow immigration so that the influx matches up with housing stock. We can start by demanding where landed immigrants can settle and reside - but if we don’t have the stones for that, we must reduce the immigration numbers to match housing stock.I don't see how affordability will get meaningfully better in Toronto. Even major supply expansion through zoning will probably just keep affordability from getting worse.
Thankfully prices are already down:I'm not particularly hopeful either. I'm hoping for a long period of stagnation at best.
The problem is that our economy relies on immigration for cheap labour to do the jobs Canadians won't; and as new consumers (which is why big biz is so pro-immigration). I don't see this changing any time soon.We need to stymie demand as well as increase supply. That means Canada needs to slow immigration so that the influx matches up with housing stock. We can start by demanding where landed immigrants can settle and reside - but if we don’t have the stones for that, we must reduce the immigration numbers to match housing stock.
This isn't happening in Toronto in the aggregate, because of King E, King W and Yonge St, but is happening across most of Toronto as well, particularly the well-off neighbourhoods like the Annex, Leslieville, Danforth, etc.Globe and Mail had a great article by Oliver Moore about how Mississauga is depopulating. Their strict protection of single family homes means a lot of homes now have empty nesters in them. And there's increasingly insufficient populations in these neighborhoods to support services like schools, or local businesses. Yet, they keep shoveling density on to Hurontario. The madness of it all.....
I think we're better off having a more coherent strategy about building housing, and livable urban areas, more quickly and efficiently. Canada has absurdly long approval timelines for building permits and zoning that makes expensive high rise development the only viable way of building dense housing.We need to stymie demand as well as increase supply. That means Canada needs to slow immigration so that the influx matches up with housing stock. We can start by demanding where landed immigrants can settle and reside - but if we don’t have the stones for that, we must reduce the immigration numbers to match housing stock.
IDK, I see an inverse relationship between affordability and walkability/bikeability. Any neighbourhood in Toronto that has a high walkability score will also have low affordability.Affordability improves if we can make cities more walkable and bikeable so car ownership is not required.
IDK, I see an inverse relationship between affordability and walkability/bikeability. Any neighbourhood in Toronto that has a high walkability score will also have low affordability.
The main thing that impacts affordability is supply/demand.
IDK, I see an inverse relationship between affordability and walkability/bikeability. Any neighbourhood in Toronto that has a high walkability score will also have low affordability.
The main thing that impacts affordability is supply/demand.
This is what I was getting at. Owning a car can be 10-20% of a lower income household's budget, so being able to eliminate the car, or go from two cars to one car can go a long way to affording nominally higher cost housing.This is true, but owning a car (and also driving it a lot) is also a pretty major expense.
Good points, but isn’t the horse already out of the stable, the die cast, so to speak? The outer city and the suburbs are fully developed with car dependent housing. How do we go about changing somewhere like the Rouge area in Scarborough (Walkability score 42 out of 100) or Princess-Rosethorn in Etobicoke (scored 44) into something like my Cabbagetown neighbourhood and its 93 score? This isn’t Sim City where we can just wipe the map.I think walkable/bikeable neighbourhoods trade at such a premium partly because of this, and also that they are in such short supply. If we did a better job providing this type of neighbourhood it would become more accessible.
Guessing that you own those vehicles because affordability is not a problem.Good points, but isn’t the horse already out of the stable, the die cast, so to speak? The outer city and the suburbs are fully developed with car dependent housing. How do we go about changing somewhere like the Rouge area in Scarborough (Walkability score 42 out of 100) or Princess-Rosethorn in Etobicoke (scored 44) into something like my Cabbagetown neighbourhood and its 93 score? This isn’t Sim City where we can just wipe the map.
Mind you, walkability or not, we still have two cars and a motorcycle. Though one car hasn’t moved in weeks.
But sidewalks and bike lanes to where? Streets lacking sidewalks entirely aside, lack of sidewalk width is not the reason they’re not used. There’s no where to walk to.Most ROWs in the suburbs are so wide that building wider sidewalks and decent bike lanes shouldn't be difficult.