@PM_ME_YOUR_ZOD_RUNES@lobut
In part it happens because the province outlawed bonusing in the Municipal Act, preventing municipalities from offering businesses benefits to move there (free land, tax breaks, etc). That helped concentrate business & industry in the GTA.
We saw a similar housing crunch in Collingwood, although it began before the pandemic. Now it’s hard to find any houses under $800K, and many sell for >$1M. MPAC is part of the problem, too.
@PM_ME_YOUR_ZOD_RUNES @lobut
In part it happens because the province outlawed bonusing in the Municipal Act, preventing municipalities from offering businesses benefits to move there (free land, tax breaks, etc). That helped concentrate business & industry in the GTA.
We saw a similar housing crunch in Collingwood, although it began before the pandemic. Now it’s hard to find any houses under $800K, and many sell for >$1M. MPAC is part of the problem, too.