Quote:
Originally Posted by Crawford
I have no data to support this, but I suspect Canada's housing-to-income extremes are partly due to the stronger national or provincial planning oversight. Canada has, relative to the U.S. very restrictive growth rules which prescribe housing types and locations. So, for example, in the GTA, you get a ton of multifamily housing but not much SFH, but GTA residents are still living typical sprawly North American lifestyles, so you get insane prices on the SFH, while the multifamily can be quite reasonable.
The U.S. system generally results in much uglier landscapes and is unsustainable but is also more efficient and closely tailored to demand and lifestyle. It's myopic but reasonable while Canada's system is trying to shift housing norms. Throw in an extra 100k or whatever immigrants every year, and combine with limited regional mobility designed for a city half the size, and decent SFH with commutable location gets absurd premiums.
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If what you say is correct and the NA population want SFH, then why do we need SFH exclusive zoning to ban all other type of housing from being built.
SFH exclusive zoning only exist because this SFH homes would fall to market demands and be turned into denser housing.
IF we removed SFH exclusive zoning then we would see what the population actually wants.