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Wandering Adventure Party

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  3. 'We can no longer build what people can afford'

'We can no longer build what people can afford'

Scheduled Pinned Locked Moved Canada
canada
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  • T StinkyFingerItchyBum

    Mid density is mid density. No need to confuse thinking by averaging rural into the equation. We could average out across the universe and be at effective zero home per km2. It’s a ridiculous argument, so why bother.

    By mid density, I like most urban planners include everything from townhouse and multiplexes all the way up to low rise appt buildings under 5 stories. It’s dense enough to enable urban transit and walkable neighbourhoods but efficient enough to not need elevators and supplementary water pumps to get water up to the top floor.

    High rises have nice views when another one isn’t in front of you, but man is it crippled when the power goes out.

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    canadaplus@lemmy.sdf.org
    wrote on last edited by
    #53

    They’re also usually cheaper per unit than lowrises, where they’re built. The location is just great, and the savings on transport adds up to more than building upwards costs, which is why it’s economical for residents to buy them, even when there’s no view. (Once you looks at supertall and maybe superthin buildings that changes, though)

    If disaster resilience is your concern, that’s fair, although it’s not really a degrowth thing.

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    • H healthetank@lemmy.ca

      Lol they definitely did not take better care of infrastructure. They were freaking cowboys and a ton of municipalities got burnt on it. I work on lots of capital jobs that involve fixing problems that have been around since then.

      So now they have much more stringent standards, which in turn means projects are more expensive. Add onto that the growing complexity - installing a water main down a street in 1980 when you have overhead hydro lines and no other utilities to work around is much easier than installation in a crowded right-of-way with buried gas, hydro, storm sewer, sanitary sewer, and existing water main that needs to continue to service residents.

      As for how they were originally funded, idk. Don’t think they ever really asked residents what they wanted back then. Now there’s much more accountability, which is good but has drawbacks and costs.

      In Canadian municipalities specifically, or in general, like for climate reasons?

      I mean climate, but not specifically global warming, just the fact were a planet with finite resources.

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      canadaplus@lemmy.sdf.org
      wrote on last edited by canadaplus@lemmy.sdf.org
      #54

      As for how they were originally funded, idk. Don’t think they ever really asked residents what they wanted back then. Now there’s much more accountability, which is good but has drawbacks and costs.

      That could be. I mean, it was a democracy, but post-WWII it was much more about prominent members of the community who commanded the trust of whatever faith or industry group. Before then there was some upheaval, and I’m less clear on the zeitgeist.

      Then again, people definitely wanted handouts in a way that’s passe now. In Alberta there was “purple gas”, which was artificially cheap but only farmers were allowed to burn it, and that’s how they got the agricultural vote. Invisible public works projects wouldn’t have helped with that.

      Low taxes are like a religion here. I kind of feel like if we were starting over, we’d stick with outhouses forever because nobody wants to raise the tax rate for silly things like “sanitation”.

      So now they have much more stringent standards, which in turn means projects are more expensive. Add onto that the growing complexity - installing a water main down a street in 1980 when you have overhead hydro lines and no other utilities to work around is much easier than installation in a crowded right-of-way with buried gas, hydro, storm sewer, sanitary sewer, and existing water main that needs to continue to service residents.

      That makes me wonder how things will look in another century or whatever. If we’re paying for debt accrued by the original designers, are we subsidising the future by building neat and well-though-out infrastructure now?

      I mean climate, but not specifically global warming, just the fact were a planet with finite resources.

      I’m arguing with a degrowther elsewhere here, but you’ve clearly thought through all the details. On a planet with a growing population, is less architecture really how that should look? When I think degrowth, I think forcing people to be poorer, basically, but they’ll still need a place to live. In the long term, I expect housing prices will start to collapse as population goes into decline, and a lot of our more outlying settlements will become ghost towns, but work will continue in core areas.

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      • S showroom7561@lemmy.ca

        Industry professionals say unbought condos could lead to big layoffs

        Everything is unaffordable, workers are all being laid off, AI is replacing people, minimum wage isn’t enough to support a living wage…

        What’s the capitalist end-game here? A world full of poor, unemployed, desperate people likely won’t make shareholders any richer, will it?

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        ArxCyberwolf
        wrote on last edited by
        #55

        Bold of you to assume any of them are looking past the next quarter or two. Long term survival is secondary to immediate profits, line must go up.

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        • A AwesomeLowlander

          There’s no way around that particular issue, though. As it is high rises are already the best way to develop urban areas in a way that’s eco and micro mobility friendly.

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          sik0fewl@lemmy.ca
          wrote on last edited by
          #56

          The way around it is transit-oriented development.

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          • A AwesomeLowlander

            Oleg Galyuk, real estate agent with Royal Pacific Realty, said in his experience older condos tend to sell better than pre-sale condos.

            “The new inventory tends to sit on the market,” he said.

            He said the layouts of some of the new homes are one reason for lack of buyer interest, as well as a lack of parking spaces that are harder to sell and rent.

            Galyuk said developers are throwing out a variety of incentives to get people to buy built units.

            “They’re throwing in parking stalls. They’re throwing in storage lockers. They’re giving cash-back on completion.”

            He said he thinks some developers have put too many eggs into the “investor basket.”

            “Right now, a lot of condos [are] coming online that people don’t really want to live in.”

            Says it all really

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            savethetuahawk@lemmy.ca
            wrote on last edited by
            #57

            “The new inventory tends to sit on the market,” he said.

            Because they are too small, and poorly built, a huge liability waiting to happen with no reserve funds to deal with it. Never, ever, buy a new or preconstruction condo, they are basically kickstarter housing.

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            • S snoons@lemmy.ca

              Warning for Vancouver real estate as 2,500 condos sit unsold

              So prices will go down, right?

              …Prices will go down, right?

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              savethetuahawk@lemmy.ca
              wrote on last edited by
              #58

              there are over 100,000 empty in Ontario.

              These idiots who keep telling us housing is priced by supply and demand need to fuck off.

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              • C canadaplus@lemmy.sdf.org

                “The cost that is associated with policies at all three levels of government has made it that we can no longer build what people can afford,” she said.

                I’m curious what she means by this exactly. Non-market housing and art is mentioned later on. Are they expected to pay for that themselves?

                It’s not like they physically can’t build condos people can afford. With no regulations they could build South Korea-style coffin apartments. Nor are they making money from this situation.

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                savethetuahawk@lemmy.ca
                wrote on last edited by
                #59

                “The cost that is associated with policies at all three levels of government has made it that we can no longer build what people can afford,” she said.

                Ontario is rife with billionare developers in Vaughan.

                But the real point is we cannot build housing relying on private industry any more.

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                • A AwesomeLowlander

                  Oleg Galyuk, real estate agent with Royal Pacific Realty, said in his experience older condos tend to sell better than pre-sale condos.

                  “The new inventory tends to sit on the market,” he said.

                  He said the layouts of some of the new homes are one reason for lack of buyer interest, as well as a lack of parking spaces that are harder to sell and rent.

                  Galyuk said developers are throwing out a variety of incentives to get people to buy built units.

                  “They’re throwing in parking stalls. They’re throwing in storage lockers. They’re giving cash-back on completion.”

                  He said he thinks some developers have put too many eggs into the “investor basket.”

                  “Right now, a lot of condos [are] coming online that people don’t really want to live in.”

                  Says it all really

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                  curiousaur@reddthat.com
                  wrote on last edited by
                  #60

                  Everyone’s saying housing is too expensive, groceries are too expensive. Everything is too expensive. Which is more likely, that all of those many things are ALL too expensive, or just one simple fact, you make too little?

                  Just bind wages to a real cost of living.

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                  • O olivemoon@lemmy.ca

                    The reason older condos/townhouses sell is because they were built when there were inspectors actually doing their jobs. Step-daughter moved into a new teeny-tiny condo, and shower door fell off after 4 months. Gaps developing in the “luxury” vinyl plank flooring. Cupboard doors coming off because screws aren’t long enough. They’re garbage homes.

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                    savethetuahawk@lemmy.ca
                    wrote on last edited by
                    #61

                    Doug got rid of all trades inspectors from 2018, so any asshole with a home Depot credit card is now doing plumbing and electrical.

                    These are Ontario Tofu Dreg projects, years from now they will cost us a fortune to demolish.

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                    • C canadaplus@lemmy.sdf.org

                      Nobody is at the wheel. Nobody ever was.

                      wraithgear@lemmy.worldW This user is from outside of this forum
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                      wraithgear@lemmy.world
                      wrote on last edited by
                      #62

                      that’s not right someone is at the wheel, he’s got his parachute already

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                      • wraithgear@lemmy.worldW wraithgear@lemmy.world

                        that’s not right someone is at the wheel, he’s got his parachute already

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                        canadaplus@lemmy.sdf.org
                        wrote on last edited by
                        #63

                        It’s right. Sure, some people have parachutes. Some people have things that look like parachutes but aren’t, or parachutes that don’t steer properly. Doesn’t mean the plane is crashing on purpose, and not because we’re just dumb, even if that’s a more comforting possibility.

                        wraithgear@lemmy.worldW 1 Reply Last reply
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                        • S savethetuahawk@lemmy.ca

                          “The cost that is associated with policies at all three levels of government has made it that we can no longer build what people can afford,” she said.

                          Ontario is rife with billionare developers in Vaughan.

                          But the real point is we cannot build housing relying on private industry any more.

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                          canadaplus@lemmy.sdf.org
                          wrote on last edited by canadaplus@lemmy.sdf.org
                          #64

                          It wouldn’t be any cheaper for the government, at least if the government is following the same rules.

                          Could they build houses? Sure. Will they? BCH is already starting up. Will it solve this particular problem? Not directly.

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                          • C canadaplus@lemmy.sdf.org

                            It’s right. Sure, some people have parachutes. Some people have things that look like parachutes but aren’t, or parachutes that don’t steer properly. Doesn’t mean the plane is crashing on purpose, and not because we’re just dumb, even if that’s a more comforting possibility.

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                            wraithgear@lemmy.world
                            wrote on last edited by wraithgear@lemmy.world
                            #65

                            maybe you are right, seems i got lost, this is canada’s space.

                            in america we do have someone at the wheel actively crashing the plane.

                            sorry for butting in though

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                            • S savethetuahawk@lemmy.ca

                              there are over 100,000 empty in Ontario.

                              These idiots who keep telling us housing is priced by supply and demand need to fuck off.

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                              krooklochurm@lemmy.ca
                              wrote on last edited by
                              #66

                              The market can stay irrational longer than you can remain solvent.

                              Like. Since all these Ricky dinky pieces of shit started being out I’ve firmly believed they were a ticking time bomb waiting to happen. I feel like the whole fucking real estate market is.

                              Sooner or later the chickens will come home to roost.

                              Bkawwwwww

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                              • C canadaplus@lemmy.sdf.org

                                Maybe for a bit as those companies go out of business. Then they go way up because there’s no new houses. Or we could solve whatever the underlying problems are.

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                                krooklochurm@lemmy.ca
                                wrote on last edited by
                                #67

                                The absolute gall of you, talking about solving problems. Are you even thinking about those poor rich folks out there?

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                                • wraithgear@lemmy.worldW wraithgear@lemmy.world

                                  maybe you are right, seems i got lost, this is canada’s space.

                                  in america we do have someone at the wheel actively crashing the plane.

                                  sorry for butting in though

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                                  canadaplus@lemmy.sdf.org
                                  wrote on last edited by
                                  #68

                                  That guy is a moron. I’m not sure he’d know a wheel from his foot. He’s just the symptom of a system that’s in a death spiral.

                                  Which I’m sorry about. Hopefully we’re there as a place to go when things get really bad.

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                                  • K krooklochurm@lemmy.ca

                                    The absolute gall of you, talking about solving problems. Are you even thinking about those poor rich folks out there?

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                                    canadaplus@lemmy.sdf.org
                                    wrote on last edited by canadaplus@lemmy.sdf.org
                                    #69

                                    Actually no. This one might not have anything to do with them; few people benefit from homelessness, and the article itself mentions some nebulous thing about the laws governing developments in Vancouver.

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                                    • W worstdriver@lemmy.world
                                      This post did not contain any content.
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                                      As around 2,500 condos sit unsold in Metro Vancouver, experts warn of 'potential storm coming' for real estate | CBC News

                                      The Canada Mortgage and Housing Corporation says there’s about 2,500 condos sitting unsold and empty in Metro Vancouver. The local real estate industry is concerned about layoffs and hopes for housing policy changes.

                                      favicon

                                      CBC (www.cbc.ca)

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                                      washedupcynic@lemmy.ca
                                      wrote on last edited by washedupcynic@lemmy.ca
                                      #70

                                      I bought a condo that was part of an HOA. 5 year old construction. Purchased right before covid hit. Within the first year I had a chandelier fall out of the ceiling with no provocation, which I had to pay to fix. Then my 2nd bedroom started leaking from the roof and window during rain. A fucking 5 year old roof should not be leaking. The best part, I couldn’t pay to get the roof fixed because it was on the outside of the house and those repairs had to go through the HOA. During covid, I’d be in my garage making art, and people would drive through the cul-de-sac asking if any of the condos were for sale. It was my sign to get out. I hated it so much, still couldn’t get my roof fixed, and I still managed to sell it and make 20K profit. Much of the newer construction is absolute trash. Also, fuck HOAs.

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                                      • C canadaplus@lemmy.sdf.org

                                        To pay back creditors, sure.

                                        Nobody has a magic money printer. Developers aren’t part of a conspiracy just holding back the good stuff from us, if that’s what you’re implying. Because I know that’s the jerk.

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                                        tiger666@lemmy.ca
                                        wrote on last edited by
                                        #71

                                        If they need ALL the excess value and leave nothing they will have nothing.

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                                        • T StinkyFingerItchyBum

                                          Economics is only a pseudo-science for the rich. For the poor, it’s always an ineffable mystery.

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                                          khar21@lemmy.ca
                                          wrote on last edited by
                                          #72

                                          Where is your source for this statement?

                                          T 1 Reply Last reply
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