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whitev70r · 05-20-2025, 07:44 AM

So government wants to build x million more housing units. What do they mean? Units to to buy or to rent? And what kind of units? 2-3 bedrooms?

Toronto and Vancouver has a glut of new condos empty (mostly small or 1 bd units, I think) ... 7 months supply of new ones, 2,000 to 3,500 units. (edited)

Is there a solution here? What if YVR did the Olympic village thing ... city or feds buy them or underwrite them, rent them out, then later, can sell them. Lot of hassle though but city is doing it already, buying hotels and housing homeless and TFW and refugees.

05-20-2025, 07:44 AM	#35004
whitev70r Willing to sell body for a few minutes on RS Join Date: Nov 2002 Location: 604 Posts: 10,450 Thanked 6,275 Times in 3,021 Posts Failed 320 Times in 161 Posts	So government wants to build x million more housing units. What do they mean? Units to to buy or to rent? And what kind of units? 2-3 bedrooms? Toronto and Vancouver has a glut of new condos empty (mostly small or 1 bd units, I think) ... 7 months supply of new ones, 2,000 to 3,500 units. (edited) Is there a solution here? What if YVR did the Olympic village thing ... city or feds buy them or underwrite them, rent them out, then later, can sell them. Lot of hassle though but city is doing it already, buying hotels and housing homeless and TFW and refugees. Last edited by whitev70r; 05-20-2025 at 08:03 AM.