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Old 10-20-2024, 08:20 AM   #7655
supafamous
RS has made me the bitter person i am today!
 
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Quote:
Originally Posted by Hondaracer View Post
I had lunch on Friday with some big wigs in the construction industry, people who build thousands of homes a year. They all laughed at the assertion that housing starts are actually up year over year.

All of them said housing starts are the lowest they’ve been since 2017 and there is no incentive in the industry to step them up given margins and red tape.
Housing starts across the country are absolutely down but it's far worse in Ontario than here. We have far less restrictive zoning than Ontario and it shows even in shitty economic times for building housing.



Source: https://morehousing.substack.com/p/david-eby
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