Zorque comments on 'We can no longer build what people can afford'

'We can no longer build what people can afford' (www.cbc.ca)

submitted 1 year ago by Worstdriver@lemmy.world to c/canada@lemmy.ca

84 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] Zorque@lemmy.world 5 points 1 year ago (5 children)

Ahhh, so they're just charging outrageous prices for already cheap housing.

parent

hideshow 5 child comments

[–] CanadaPlus@lemmy.sdf.org 1 point 1 year ago (3 children)

And still not making a profit, apparently.

parent

hideshow 3 child comments

[–] Tiger666@lemmy.ca 1 point 1 year ago (2 children)

Enough profit* ftfy

parent

hideshow 2 child comments

[–] CanadaPlus@lemmy.sdf.org 0 points 1 year ago (1 child)

To pay back creditors, sure.

Nobody has a magic money printer. Developers aren't part of a conspiracy just holding back the good stuff from us, if that's what you're implying. Because I know that's the jerk.

parent

hideshow 1 child comment

[–] Tiger666@lemmy.ca 1 point 1 year ago

If they need ALL the excess value and leave nothing they will have nothing.

parent

[–] Eranziel@lemmy.world 1 point 1 year ago

Exactly. These condos are over $1000/sq ft. Completely out of reach unless you or your parents are already rich. I don't get how this surprises anyone there.

parent