A small residential building proposed just northwest of Toronto's Bathurst and Bloor intersection has been slapped down by the City following inten...
Certainly the ones who oppose it are wealthy elitists.
On the other hand, everything I have ever heard about this idea of "filling in" seems like homeowners who want to rent out their alley without having to conform new-built residences to code so they can maximize $$$$$.
I am trying to buy a home. Before everyone dogpiles me for being super ultra rich it's with literally 5 other people, we can really only afford this if 6 of us pool our resources. We have spent years planning and saving for this.
And every time we find a place that we can make work and make what everyone tells us is a reasonable offer on it, some investor comes in with a cash offer way over the already inflated asking price and we literally just can't compete. 6 people with savings and wages pooling resources trying to buy a fucking home to live in but no even 6 people can't compete with one investment bro trying to expand his portfolio.
Housing is no longer housing. It's an investment. The fact that people reside in the house isn't a relevant part of the equation anymore.