Quote:
Originally Posted by DiracSpike
I fully agree that we need to do a much better job of regulating the housing market. Much better.
Toronto and Vancouver aren't on the level of New York and Paris but they're going through that transformation now. And even with all the controls you cited real estate in those cities is still ridiculous, at a certain point it becomes unaviodable
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A transformation towards empty and overprice housing units? What transformation is going on? Once again, I see few parallels between Vancouver/Toronto and real world class cities. Vancouver/Toronto have the prices but none of the attractions. As a tourist, you'd run out of things to do in either of those cities within 2-3 days. The major selling point to Vancouver would be exiting Vancouver and seeing the nature around it.