The City of Moncton will now allow 4-unit housing across all residential zones. It was a requirement to qualify for federal funding
Aaaaand yet again the liberals showing that their plan is working already. Imagine how much new build homes are going to be when they receive this federal funding but also can use the pre-approved and designed homes in the new housing catalogues
Eh. When I was living in Ottawa, developers were buying up $600k houses (that I could afford), knocking them down, and replacing them with two or three $900k houses (that I couldn't afford).
I'm all for densification, but if the purpose of this is to lower housing costs, it's too early to declare victory. We need to see house prices meaningfully decline before that.
Or at least I do. You do you.
Pre-approved plans massively lower overhead costs and allow small scale developers, and owner financed projects, to get into the market.
I would love to turn my SFH into a plex, and I could probably finance it myself with pre-approved plans and no zoning stickiness. Considering we've gotten two sets of parents probably moving into the requiring care phase in the next decade, I'd love to crack on with this instead of needing to move to something already built and larger which would probably massively increase our transit budget.
Getting your folks into a small plex could be great. I lived in a similar arrangement with friends and it worked out really well.