There's lots of talk about tapping into the 'green belt' to allow more residential building.
Something needs to be done though, soon and carefully. The market's getting out of control. And often what you don't hear is the 'spillovers'.
1.Where a person from toronto sells their home for a lot, then travels to a town outside toronto to retire/settle down. Local residents/new home owners can't compete with these buyers with so much capital(especially in areas with supressed/depressed employement).
2.Where people give up trying to afford living in Toronto and move out of town to commute. This has caused rents in Hamilton/Burlington etc to skyrocket.
Something needs to be done though, soon and carefully. The market's getting out of control. And often what you don't hear is the 'spillovers'.
1.Where a person from toronto sells their home for a lot, then travels to a town outside toronto to retire/settle down. Local residents/new home owners can't compete with these buyers with so much capital(especially in areas with supressed/depressed employement).
2.Where people give up trying to afford living in Toronto and move out of town to commute. This has caused rents in Hamilton/Burlington etc to skyrocket.