this post was submitted on 06 Dec 2025
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Within five years, the construction of new homes in the country’s hottest markets is projected to slow to near-zero. Less construction, fewer homes, and fewer jobs – all at a time when the country needs more housing than ever.

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[–] BlameThePeacock@lemmy.ca 5 points 15 hours ago (1 children)

Next? There's still one happening now and no reasonable path for it to end.

[–] sbv@sh.itjust.works 2 points 14 hours ago

Yeah, I'm not sure where they get the impression that we aren't in the middle of a crisis right now. I guess average prices in TO dropped a couple of percent, but I don't think anyone under 50 has seen their situation improve.