Going For Broke

When the mainstream financial media starts to use the terms “alarm” and “collapse” in the same sentence, it’s probably too late to do anything about it.

The report from University of Ottawa’s Missing Middle Initiative compares housing starts and sales in 34 municipalities across the Greater Toronto Area and neighbouring Southern Ontario cities for the first six months of 2025 with the same period from 2021–2024. It found starts are down 40 per cent relative to that four-year average, with pre-construction condo sales plunging 89 per cent and other homes 70 per cent.

 

11 Replies to “Going For Broke”

  1. Carnage has promised an initial outlaw of $13 billion to build homes.

    Why would anyone build using their own (or borrowed) money, when you’re competing with a Liberal slush fund. Better to get in on the gravy train?

    1. My advice? Consult the Somali leadership in Minn. … they know EVERYTHING about stealing government welfare funds. You’ll be able to get the government to pay for 100 homes … and then you can chain migrate your entire family from Somalia

  2. One has only to review the promised “Government help” to understand the reluctance of private citizens in invest ..
    Zoning?
    To be decided from Ottawa.
    Future profit?
    Gone before you start,taxed and tolled.
    Future value?
    Unknown,for a government mandated ghetto may very well be planted right next door.
    Trust?
    Long gone.

    All the natural consequence of the wasters and destroyers stating that they will “help us out”.
    MAID is also how they help us out.
    You cannot cure stupid and you cannot “manage” processes that you have no knowledge of.

    “Low Cost” housing as proposed by our bureaus means privatized profits and socialized losses.
    And we have seen this,everywhere government has forced the building of these structures.
    Forward to our glorious future comrades!

    Of course in government,the idea that people can built permanent homes without their help,is inconceivable.

  3. Yup. Our Wile Es have just figured out there’ s something not quite right. One of these days they’ll look down and realize they’re over the edge of the cliff.

  4. Liberal governments have been exercising their Fecal Touch since 2015.
    Shit’s now so deep it’s up to everybody’s elbows.

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