COVID and the housing market | Page 359 | GTAMotorcycle.com

COVID and the housing market

Great idea. 19 units for about $4 Million. Suggest it to your MPs and MPPS. They'll have a $5 Million conference to discuss it and run out of money.
Sadly that is exactly what would happen...
 
While I agree with your definition of affordable, try to find an organization with authority that uses that. Everybody wants to say they are doing something about affordable housing. Even with their goal posts moved all the way to 10% less than market, they get almost no units online. With you definition, we are probably close to zero new units in Ontario in recent history.
You can't do my idea under the present conditions for a couple of reasons:

1) Everyone wants the cheap housing to be located in the prime real estate areas. I used the example of a 1/2 acre lot in a lower-cost part of the city, outside the core. SE Scarborough was suburbanized in the 50s and 60s when 70x120' lots were common. The lot I showed was $750K, the same sized lot in Don Mills would be $3.25M, and inside the core $6-20M.

2) Add in $1M for development charges, and that affordable walkup apartment doubles to near $400,000. A 4 floor walkup in the city core would be financially impossible.
 
A municipality would have to almost wave developers fees , and finance the project . And put it on not prime land , which means maybe away from transit , which is usually key for lower income earners .


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A municipality would have to almost wave developers fees , and finance the project . And put it on not prime land , which means maybe away from transit , which is usually key for lower income earners .


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The city has transit within reach of almost every square inch of the city. Might not stop in front of every house, but most people are within a 5 minute walk.

The city should drop development fees on homes under $1m. I can see huge dev fees in Halton, Peel, York as those projects are not infill using existing infrastructure, they gotta pull pipe and wire, build schools, rinks and fire halls.

Replacing a strip plaza that is already serviced by infrastructure doesn’t add a financial load to the City. Their dev fees are general revenue tax gouge necessary because they chose lower property taxes.
 
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Replacing a strip plaza that is already serviced by infrastructure doesn’t add a financial load to the City. Their dev fees are general revenue tax gouge necessary because they chose lower property taxes.
Sort of. Larger sewer pipes and freshwater/wastewater treatment cost a fortune. A tower in place of a strip mall requires more water by orders of magnitude.

I do agree that municipalities are using DCs to prop up a ponzi scheme to reduce property taxes for voters.
 
What to buy a woodworker / carpenter for his 70th bday? Especially since he’s got most of it.

Dad’s bday is quickly coming up, and I’m at a loss for what to get the man that ‘needs nothing and has everything he needs’.

🤦🏻‍♂️
 
What to buy a woodworker / carpenter for his 70th bday? Especially since he’s got most of it.

Dad’s bday is quickly coming up, and I’m at a loss for what to get the man that ‘needs nothing and has everything he needs’.

🤦🏻‍♂️
Lie Nielsen 60 1/2. He may have something that works but you will be replacing a Lada with a Bentley.
 
Buy him something tool oriented, but jewelry level , like a square from Bridge City Tools , he may never use it , it’s gorgeous , and you inherit.


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What to buy a woodworker / carpenter for his 70th bday? Especially since he’s got most of it.

Dad’s bday is quickly coming up, and I’m at a loss for what to get the man that ‘needs nothing and has everything he needs’.

🤦🏻‍♂️
You and I are in the same confused boat.
My dad is turning 65 and mom 60. Both in April of this year within 5 days of each other.
Not sure what to get them both.

I know what I want for my milestone birthday but don't think there are any willing parties to present it to me.
 
Sort of. Larger sewer pipes and freshwater/wastewater treatment cost a fortune. A tower in place of a strip mall requires more water by orders of magnitude.

I do agree that municipalities are using DCs to prop up a ponzi scheme to reduce property taxes for voters.
I agree with putting up a 200 unit tower, but a 4-story walkup on a suburban lot would not likely require any type of upgrading. We need more of those - easy and fast to build, within the investment budget of way more investors/builders than towers.
 
You and I are in the same confused boat.
My dad is turning 65 and mom 60. Both in April of this year within 5 days of each other.
Not sure what to get them both.

I know what I want for my milestone birthday but don't think there are any willing parties to present it to me.
Me and my sis sent our parents on a 3-day 'honeymoon' trip to NYC for their 65th. They still talk about it 15 years later.
 
Me and my sis sent our parents on a 3-day 'honeymoon' trip to NYC for their 65th. They still talk about it 15 years later.
My parents are not travellers and frankly I don’t think they like each other much any longer.

Great idea for travellers and if one can afford it. We’re having a bigger dinner at a local hall with close family and some friends. Mom already booked it.
 
Mom turns 90 in July , all she wants is a dinner with family at a cheap local.

I told her i would fly the kids in , so theres another 2k for dinner. She said she hopes to live till July , and see the kids. I told her, well, they still need to show up for the funeral so I'm still down 2k , but I will bill that against the estate. Im known in the family as the compassionate one.
 
I like your idea of a jewelry like tool…beautiful tools.
Slightly lower on the jewel scale but Veritas (Lee valley) has some interesting tools that he may not have. Things like router planes really simplify some operations if he does fine woodworking. It wouldnt have much use in carpentry.

If you want power tools, some of the festool stuff has no equal (eg dominos) or Mirka sanders make sanding suck less. Tons of money to buy in though and powertools aren't heirlooms.

Does he have a garage or basement shop? The feeling of making a big piece of wood a small piece of wood in a lathe has few equals.
 
Slightly lower on the jewel scale but Veritas (Lee valley) has some interesting tools that he may not have. Things like router planes really simplify some operations if he does fine woodworking. It wouldnt have much use in carpentry.

If you want power tools, some of the festool stuff has no equal (eg dominos) or Mirka sanders make sanding suck less. Tons of money to buy in though and powertools aren't heirlooms.

Does he have a garage or basement shop? The feeling of making a big piece of wood a small piece of wood in a lathe has few equals.
I wouldn't know what to get him as an actual tool...considering he basically has 'everything he needs' right now. So the decorative tool as @crankcall mentioned is more symbolic than anything actually functional.

Plus buying tools for a carpenter / woodworker is the same as buying hobby gear for a hobbyist...what do they actually want / need that they don't already have. Plus you may not actually know what's of value.
 
Me and my sis sent our parents on a 3-day 'honeymoon' trip to NYC for their 65th. They still talk about it 15 years later.
My parents just celebrated their 40th anniversary in January.
They went away on a cruise to Hawaii, island hopping.
 
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I wouldn't know what to get him as an actual tool...considering he basically has 'everything he needs' right now. So the decorative tool as @crankcall mentioned is more symbolic than anything actually functional.

Plus buying tools for a carpenter / woodworker is the same as buying hobby gear for a hobbyist...what do they actually want / need that they don't already have. Plus you may not actually know what's of value.
I use hand tools everyday, all day. No romantic ideas of stunning Lie Nelson planes sitting on a shelf. When I get home I really don't want to see a hand tool. The downside of doing a "hobby" as a life long occupation.
 

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