Ptomekin Village PM gets results.
➜ Ontario’s housing engine has stalled: Starts are collapsing across the GTHA and GGH. Condo starts are down 51%, ground-oriented homes are down 43%, and overall starts are down 34%, with only rental apartments keeping the sector on life support. The weakness is not confined to condos or to Toronto.
➜ Tens of thousands of jobs are vanishing: The construction slowdown now equals 35,377 lost person-years of employment in the first 9 months of the year, and the losses are accelerating quarter after quarter.
➜ The real crash is still ahead: Pre-construction sales have fallen off a cliff, condo pre-sales down 89%, ground-oriented pre-sales down 65%, guaranteeing an even deeper downturn in 2026 and beyond.
@harrisonlowman – Only 25 new condos were sold in downtown Toronto last month. How is this possible?
Salt in wound: Housing Minister Gregor Robertson’s department spent more than $97,000 to send managers to a two-day conference on homelessness for “inspiration,”
There would be nothing better than no new net houses for half a century or more. That would mean that Canada is no longer importing low/no skill 3rd world immigrants, and stealing from Canadians to subsidize their existence here.
We need the vast majority of these immigrants to return to their countries of origin and take their crime, criminal incompetence, and scams with them.
Yup!
This is excellent news. The Monarchy of Canada needs to be completely destroyed and a representative Republic needs to take its place. The unproductive parts, (Maritimes and Quebec) need to be excised and discarded. The French language laws need to be extinguished. The Canadian sovereign citizen needs to be unleashed for future generations. It’s time to make Canada great again.
Yup!
The end result of decades of ever-increasing regulation, taxation, and corruption. The -government- of Canada at all levels has managed to create a situation where housing can’t be built. From municipal to federal, together they’ve finally made it impossible.
And when it’s impossible, no one will do it. Elbows up, Normies. You asked for it, you got it. Toyota.
Or they won’t do it legally, anyway. Watch for tent cities to morph into semi-permanent shanty towns. Muddy streets, cholera, the whole deal.
Yup!
“The fault lies with your leadership, elected by you.”
J. D. Vance
Or this quote on how to get ourselves out of this quagmire
“It would be easier to just become the 51st state”
51st state?
a) Why on earth would you want Kamala Harris as President?
b) Trump is smart enough not to want another California in the US.
“b) Trump is smart enough not to want another California in the US.”
That’s for sure. I always spring that on people who whine about the “51st state” joke/insult that Trump used so effectively….why would he want 40 million more Democrat voters demanding more free healthcare and stricter gun laws?
But Canada is a defacto 51st state, it just has no representation.
Where do most Canadians, at least until very recently, vacation?
Where do they get most of their sports, TV, book, magazine and movie and other entertainment from?
What is the longest undefended border in the world?
What country takes care of Canada’s national defence?
Who does Canada export the vast majority of its products to?
Are the American and Canadian electrical grids inter-related?
What is the predominant language…
The list is yuge.
Elbows Up, Heads-in-the-sand and puckered-pores-in-the-air Canadians are deluded.
joe won’t agree, but Canada is the 51st state and the vast majority of the rest of the world would believe a Canadian if they told them they were an American.
We were long overdue for a ‘market correction’. Let’s hope that it continues (in Vancouver, next…).
Or is this just the first noticeable indication of a general slide toward an economic depression? That would be even better.
How is this possible?
I’d say judging from Carney’s Potemkin village – If your windows and doors arrive at the job site before the roof trusses. Costs can be reduced and savings realized if you direct your framing chimps to install them immediately instead of waiting.
Well then! All you free market capitalist pigs … it appears as though the government will become the home builder of last resort.
Enjoy your decline as you descend into a dystopian ‘Brazilian’ hellscape.
https://youtu.be/A_7ATU9dslE?si=BqQK8ggCHYLbasKG
How’s the fire reconstruction going?
Anyone even have permits yet?
Joe, Joe, Joe … those 6 new units one each of the former single family lots take more time to draw, document, and review. Not to worry. The Palisades population will grow 6-12x larger … on the same infrastructure… guaranteeing the school performance sucks and more people die in the next blaze trying to squeeze through those congested roads. New slums aren’t built in a day … or year.
Gregor Robinson: Ugh.
My first sighting of the slug — before he became mayor — was out the window of an Indian Restaurant on Broadway in Vancouver.
He was head boy in a police escorted take-back-the-streets bicycle ride with 100s. OMG, what is this? I wondered. Not for long.
PM “Who Cares?”
That’s code for…FOADMF
The divorce may come sooner than the next election.
But Gregor Robertson said in the HOC that housing starts are up this year. He couldn’t have been lying, could he?
L – Ptomekin Village? Ottawa turned into that by a cabal W.E.F. youth hard core “true believers”.
The ghost of founding Prime Minister Sir John A. MacDonald wanders around Parliament, attempting to haunt the lost souls in Parliament. To persuade politicians to abandon serving themselves, their own interests in order to serve Canada and the Canadian people
But as his image has been banished off the $10 dollar bill and his statues hidden. None can recognize him. Echos of Charles Dickens, “A Christmas Carol” starring Alistair Sim.
Toronto is opposed to building housing and has been for a long long time, as can be illustrated by their “development charges”
A 1 bedroom apartment costs at least $52k, 2 or more bedrooms will run you $80K each
A multi-family dwelling like the 4 pack and 6 packs they are promoting hard will run $57k+ for 1 bed or $113k+ for 2+ (and yes that’s each)
A single family dwelling or semi detached is $137k+
Building like The Clove had pricing that was so bad they only managed to sell less than 10% of the 440 units available before cancellation, and the City also has wonderful ideas like forcing new condo buildings to not provide at least 1 parking space per unit by counting bicycle parking spaces.