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submitted 4 months ago by SamuelRJankis@lemmy.world to c/canada@lemmy.ca

Just to make things easier for people.

The video talks about the glut of micro units having issues selling due to how undesirable they are for people actually living in them and not aligning with a more realistic price.

The numbers on why a lot of people can't hold onto these investments:

Shrinking units, the ones discussed in the video is around ~300sqft:

Substantially less of newer units are owner occupied:

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[-] Voroxpete@sh.itjust.works 10 points 4 months ago

I'll settle for fines being substantially bigger than the profit obtained from the crime.

[-] LostWon@lemmy.ca 8 points 4 months ago* (last edited 4 months ago)

For hands-off investors, maybe. Directly responsible parties should see jail time though.

this post was submitted on 21 Jun 2024
89 points (95.9% liked)

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