The shortage has its roots in the financial crisis, and was exacerbated by the pandemic.
We’re also seeing a rapid increase in commercial vacancies with WFH. But there are big challenges and costs to turning commercial properties into residential.
I’ve heard a lot about the problems. Surely there’s some good ideas for a solution out there?
Well there are big costs in any home building project, and something has to be done. Some buildings will never make viable homes, but a good portion still could - and given their prime locations it might be worth it.
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Well there are big costs in any home building project, and something has to be done. Some buildings will never make viable homes, but a good portion still could - and given their prime locations it might be worth it.
Cbc’s “about that” did a good report on this: https://youtu.be/cSXRLg29OHs