Saturday, March 4, 2017

Why are there so many condos in Toronto

A question often asked is ... "Why are there so many condos in Toronto?"  The first major reason is immigration.  Toronto grows by over 100,000 people annually.  With an average of approx 3 people per household, this means Toronto needs over 30,000 new housing units per year.

The 2nd through 4th reasons are summarized in this great video



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