Blacklock’s- 13,000 Down And 3.9M To Go
A Crown corporation specializing in real estate is taking credit for 13,000 housing starts in the past nine years with a few thousand more expected by 2030, says a federal memo. Canada is short 3,870,000 additional housing starts, by federal estimate.
We could also get rid of a few million people. But we lost track of them.
Ha ha. An interesting perspective.
13,000 housing starts. M’kay.
How many of those 13,000 starts became housing completions?
H.R. …. each house cost 13.8 million to build but it’s okay because the money went to Quebec construction companies 😉
Nah most of that went to Toronto and Vancouver to build 2.3 million 500 sqft downtown condos.
… that no one wants to live in.
Interesting. I wonder just what the distribution of these housing ‘starts’ was across the country? Were all of Canada’s various minorities given their just consideration too?
All these housing starts. Where are the housing fits?
Meanwhile, in Kelowna…
https://www.castanet.net/news/Kelowna/544812/Kelowna-s-condo-market-is-oversupplied-Royal-LePage#544812
Nice high rise 15min. walkable condo you have there in Kelowna Stevie! You can walk to our beer summit. Didn’t know they had high rises in Kelowna. Dang, you’re a thoroughly modern, WEF-approved city!
https://youtu.be/QQhRN0fG3XA?si=BHEPAtFWzpRWpJjO
Ha! Thanks for the laugh, Kenji.
Contra Parsons, I work to leave it all behind.
As for Kelowna…
When I retired here in 2014, it was still in a slump from the 2008 debacle.
Then, from 2015 to now, the “fastest growing city” has been tripping over itself to grow a skyline on the lake. A dozen plus towers, endless low and mid rises everywhere, bike lanes, tent cities, you name it.
It is a sight to behold and to avoid.
I live in a nice bungalow on the edge of town beside a creek and a sedate regional park, because Bob Hope said that is the place to buy and wait.
By the way, I am 5 minutes from the Kelowna airport, so we can drive to the beer summit. Heck, I’ll pick you up and drive you to Vernon to save your family that trip.
How much did they spend, over how many years to create a pittance in housing?