8
Homebuilding costs in Canada soar 51% as population surges
(financialpost.com)
What's going on Canada?
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Build..... Build more building material?
It's like Factorio
Unironically this, sort of. More construction workers. It's due to a labour shortage, which is pretty expected when you start building way more.
Maybe if companies could settle their offices elsewhere than the three major city centers, Toronto, Vancouver and Montreal, there could also be more space to develop and other labour available from that region.
We wouldn't need to build big high-rise condo projects with nothing but 500 square foot single bedroom apartments due to land constraints.