The Toronto housing market is once again seeing skyrocketing prices, with anecdotes of recent sales of semi-detached homes selling for over a million dollars. There is a clear lack of inventory in the market as demand continues to surge, leaving many potential buyers with limited options. While many are quick to blame government policies, it is important to remember that housing is a government-backed investment vehicle that many are using as a means of investment.
One concerning trend is the shrinking sizes of condominium kitchens, with many layouts not designed for cooking multi-course meals. This is due to the high cost of real estate, and developers choosing to save costs by minimizing space in kitchens. While this may work for some, others struggle to adapt and find ways to make their smaller kitchens work.
Moreover, the current situation facing those living on ODSP in Toronto is dire, with many unable to find affordable housing due to limited supply and discriminatory landlords. The limited options available to ODSP recipients is causing many to stay in less-than-ideal living conditions, even putting their health at risk. The Ontario government needs to address this issue and provide real solutions to help these vulnerable individuals.
Overall, the housing crisis in Toronto needs to be addressed quickly and thoughtfully to ensure that everyone has access to affordable and livable housing. This will require government action, developer accountability, and community efforts to support those in need.
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Author Eliza Ng