Quote:
Originally Posted by Monahammer
I mean municipal level servicing. I don't think most immigrants are looking to live off well water and on septic outside of major municipalities.
Worthless was meant relatively. An acre of unserviced land may go for 25 k where serviced it may go for 250k. It's an order of magnitude difference. Those numbers aren't exact just trying to give a scale difference.
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IMO, that has little to do with the pricing of new builds.
Quite simply, as long as private business is involved in house building, new builds will be insanely expensive due to the current pricing level - regardless of costs. They are out to maximize their profits, and have government officials (like Doug Ford, formerly Bronconnier) in their back pocket. I do recognize that material, labour, and municipal servicing costs have gone up, but to have “new build starting in the low $1ms” advertising, you’d think their costs were somewhere in the $800k per unit range. I highly doubt that. There is profit to be made and they won’t be under selling their units regardless of their total cost levels.