this post was submitted on 25 Sep 2023
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OPINION: Doug Ford's Greenbelt reversal is a good thing — but the government's plans were never really about providing affordable housing

Written by Brian Doucet • TVO News

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[–] sbv@sh.itjust.works 2 points 1 year ago

There is a much larger set of buyers for homes (shit on suburbs all you want: but they're where the middle class can afford to comfortably raise a family) than there is for purpose built rentals. Home buyers also pay much more per unit.

In Ottawa, purpose-built three unit multitenant places go for less than a single home in the same neighbourhood.