US EditionGovernments Realize Action Is Necessary On Housing Front | Canadian Real Estate Wealth
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Governments Realize Action Is Necessary On Housing Front | Canadian Real Estate Wealth
As the old saying goes, “It’s better late than never.” That’s how the residential construction industry is viewing government reforms that have been presented that will cut red tape, reduce the tax burden on new housing, and speed up approvals. The measures – introduced by the federal and Ontario governments – are long overdue but certainly welcome. Rather than miss the opportunity, the governments recognized action is necessary. At the federal …
Our housing market is becoming less and less adapted to the changing composition of the population. "At least 475,000 additional homes will be needed in the coming fifteen years to meet the future housing shortage," according to a study by ING Belgium.
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