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Interactive Map of Toronto Housing Changes 2011-2016

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Re: Interactive Map of Toronto Housing Changes 2011-2016

#41

Post by sanswork »

hourislate wrote: post #19
dugditches wrote: post #2

There's lots of talk about tapping into the 'green belt' to allow more residential building. Something needs to be done though, soon and carefully. The market's getting out of control. And often what you don't hear is the 'spillovers'. 1.Where a person from toronto sells their home for a lot, then travels to a town outside toronto to retire/settle down. Local residents/new home owners can't compete with these buyers…

>There's lots of talk about tapping into the 'green belt' to allow more residential building. How do you propose these people commute? There are no roads and Ontario can't seem to find the money to build any. Your commute from the Greenbelt to downtown TO could take 2 hours or more. Just look at the folks coming from Barrie and the nightmare they have to drive in. Most of the work is in Toronto so many have no choice…

I don't agree with touching the green belt but it starts a lot closer to the city then you are making it seem. Stouffville is partially covered by it and you can get to the city in an hour from there using public transit.

You can't magic up space for houses in the city. There is always going to be more people wanting a fully detached house than there is space for. So you either grow out and have people doing multi-hour commutes/try to build new citiy centres like Sydney is trying or accept the reality that not everyone can have a detached house and grow up.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#42

Post by tomnewton »

taurath wrote: post #17
allengeorge wrote: post #5

Earlier quoted context omitted.

Or maybe people should adjust their perception of what "residential housing" looks and feels like. The concept of large detached single-family lots is unsustainable. Much better would be 2-3 floor row houses or 3-4 floor midrises with plenty of green space in walkable distance.

Unsustainable, or unsustainable in the face of people using property as an investment rather than a place to live? Foreign investment has destroyed Vancouvers affordability. The city is half full of rich Chinese driving Audis, and nearly all real estate signs come in Chinese. The same is happening down the west coast of the US as well as Toronto now. We need to prioritize affordability - and not just subsidies for th…

Your comment is racist - and certainly unCanadian.

What on earth does someone's race have to do with the housing market? Why does a person of Chinese decent have any less of a right to a) live in Vancouver, b) buy a house, c) have some economic success, d) drive an Audi?

I'm sorry you're upset about the state of housing in Canada, I really am. Fortunately for you - most desirable cities in the Canada ( and the World ) have Chinese residents so you wouldn't be happy living there anyways - all those signs in Chinese, and the Audis! Oh the humanity!

Re: Interactive Map of Toronto Housing Changes 2011-2016

#43

Post by bungie4 »

I ditched Toronto in 1979. Despite having a thriving job market, I see no compelling reason to return.

Want affordable? Move and setup shop in Elliot Lake. Hey, we can do this job from anywhere right. A $600K home in T.O is about $75K in Elliot Lake. Surrounded by woods, hiking, atv, cross country ski, downhill skiing, boating and all those great things that are 'life' outside of work.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#44

Post by havetocharge »

The legend on this map is wacky:

1-5 0-1 0-(-4)

So what if the change == 1? Does it fall in the upper or the middle bracket? Same with == 0.

Also, the % is misleading. The changes are not in percents, they are in actual units. You can verify this by examining some data points on the map.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#45

Post by allengeorge »

msie wrote: post #31
taurath wrote: post #17

Earlier quoted context omitted.

Unsustainable, or unsustainable in the face of people using property as an investment rather than a place to live? Foreign investment has destroyed Vancouvers affordability. The city is half full of rich Chinese driving Audis, and nearly all real estate signs come in Chinese. The same is happening down the west coast of the US as well as Toronto now. We need to prioritize affordability - and not just subsidies for th…

"The city is half full of rich Chinese driving Audis, and nearly all real estate signs come in Chinese." No, this is not true. You must not live in Vancouver. It is really sad that this myth continues to have a life of its own. I mostly blame the press and politicians for perpetuating it. I also blame everyone for lazy thinking. Latest reports peg foreign ownership at 5%. People seem to overlook that the majority of…

Well, in Toronto - anecdotally - a lot of condos are being snapped up by Chinese. I have no problem if these individuals work and live in Toronto itself, but I have a serious problem if they're holding on to it as investments. In that case I've no issues with slapping punitive taxes on the property.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#46

Post by hourislate »

sanswork wrote: post #29
hourislate wrote: post #18

Earlier quoted context omitted.

What do you consider cheap? 500k for 400 sq/ft? Toronto has some of the highest sq/ft prices in the world. There is nothing cheap. If you have ever been to Toronto you will notice that most of the homes are semi's and only outside of the city in what can be considered the suburbs (Etobicoke, etc) will you find detached homes. Lots are no more than 20-25 ft wide in the city.

You can get a 1+1 for $500k downtown. You can get a 2 bedded for 300k is Saugua. Where did you get that it has some of the highest ppsf? A quick search shows just about every other major city I could check being higher.

I suppose it was when the CAD did not lose 40% of it's value against the USD. It knocked Toronto out of the top 10.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#47

Post by havetocharge »

tomnewton wrote: post #42
taurath wrote: post #17

Earlier quoted context omitted.

Unsustainable, or unsustainable in the face of people using property as an investment rather than a place to live? Foreign investment has destroyed Vancouvers affordability. The city is half full of rich Chinese driving Audis, and nearly all real estate signs come in Chinese. The same is happening down the west coast of the US as well as Toronto now. We need to prioritize affordability - and not just subsidies for th…

Your comment is racist - and certainly unCanadian. What on earth does someone's race have to do with the housing market? Why does a person of Chinese decent have any less of a right to a) live in Vancouver, b) buy a house, c) have some economic success, d) drive an Audi? I'm sorry you're upset about the state of housing in Canada, I really am. Fortunately for you - most desirable cities in the Canada ( and the World…

As a Canadian, I have to agree. Imagine someone in the States said something about blacks in Atlanta driving Bentleys.. There would be a riot. In Canada, however, it is cool to bash a whole race. This is not the first instance of this that I have seen and it does show true colours.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#48

Post by ziikutv »

uiri wrote: post #28
ziikutv wrote: post #25

Earlier quoted context omitted.

And pretty awesome. You will appreciate it 100% more if you visit our capitol.

Comparing Toronto with Ottawa is simply not a fair comparison. It is like comparing New York City with Albany or Seattle with Olympia. The City of Ottawa includes the core of Ottawa plus all of its suburbs (excluding the Quebec side) and does not even top a million people. Everything is spread out and suburban such that our capitol is more like a bunch of closely spaced towns than anything resembling an actual city.…

I think your points are definitely valid if I was being objective. But.. that was just a subjective statement :)

Re: Interactive Map of Toronto Housing Changes 2011-2016

#49

Post by sanswork »

hourislate wrote: post #46
sanswork wrote: post #29

Earlier quoted context omitted.

You can get a 1+1 for $500k downtown. You can get a 2 bedded for 300k is Saugua. Where did you get that it has some of the highest ppsf? A quick search shows just about every other major city I could check being higher.

I suppose it was when the CAD did not lose 40% of it's value against the USD. It knocked Toronto out of the top 10.

Where are you seeing those figures? I'd be amazed if it was even in the top 20.

Re: Interactive Map of Toronto Housing Changes 2011-2016

#50

Post by taurath »

tomnewton wrote: post #42
taurath wrote: post #17

Earlier quoted context omitted.

Unsustainable, or unsustainable in the face of people using property as an investment rather than a place to live? Foreign investment has destroyed Vancouvers affordability. The city is half full of rich Chinese driving Audis, and nearly all real estate signs come in Chinese. The same is happening down the west coast of the US as well as Toronto now. We need to prioritize affordability - and not just subsidies for th…

Your comment is racist - and certainly unCanadian. What on earth does someone's race have to do with the housing market? Why does a person of Chinese decent have any less of a right to a) live in Vancouver, b) buy a house, c) have some economic success, d) drive an Audi? I'm sorry you're upset about the state of housing in Canada, I really am. Fortunately for you - most desirable cities in the Canada ( and the World…

I've been visited by the shame police it seems, and you've extrapolated such an amazing amount over saying "wow there's a lot of rich Chinese here" that I wonder if you are doing some sort of parody I'm missing.
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