The Motria Group's Market Blog: The two big Toronto election issues will be housing and transit
Monday Sep 10th, 2018Share
The two big Toronto election issues will be housing and transit. Both these issues are linked in many ways and affect real estate prices. Any housing located near transit, particularly subway and to some extent the Go train has been increasing in value faster with a steeper curve than anything that is not on the subway line. Politicians and supporters of the city are concerned that the city core is growing at a pace where the average cannot live there anymore. Houses, condos and rentals are just too expensive. Anyone making an average income cannot afford to live in the city. Hence the city is trying to increase low income housing with programs encouraging this. We will see how the incentives to developers work out. It's all an experiment.