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楼主: Adamsmith-moon

[多倫多 Toronto] why toronto housing price is super high?

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 楼主| 发表于 2016-11-4 19:43:00 | 显示全部楼层
babyme 发表于 2016-11-4 16:34
Financial institutions use MM  as million unit.  
I am not baby, only mm can call me baby and that ...

ok bro B

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 楼主| 发表于 2016-11-4 19:45:53 | 显示全部楼层
babyme 发表于 2016-11-4 16:46
Are you an incarnation of another Senior Bro, paper moon?

i am not an incarnation
i am Sun Wukong, also known as the Monkey King, is a mythological figure who features in a body of legends, which can be traced back to the period of the Song dynasty.He appears as a main character in the 16th century Chinese classical novel Journey to the West.

my name is Monkey King,
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发表于 2016-11-4 23:46:05 | 显示全部楼层
Mofoking is taken.   Another alias please.
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 楼主| 发表于 2016-11-4 23:48:17 | 显示全部楼层
babyme 发表于 2016-11-4 23:46
Mofoking is taken.   Another alias please.

no
my name is monkey king,
M takes pig as the second character in the" west journey" as a famous chinese traditional novel .

the first character is monkey king, that is me
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发表于 2016-11-6 06:57:47 | 显示全部楼层
Adamsmith-moon 发表于 2016-11-4 23:48
no
my name is monkey king,
M takes pig as the second character in the" west journey" as a famous  ...

One way to lower the housing price is to use the free market Supply and Demand logic.

More  demand coming from increased immigration to Canada, estmate of 100K to TO.  Which means we need average of 50K housing units per year.  Most will come from increased density and more efficient condo and rental apartments.

So if the City governments will increase the supply of housing to meet the known volume of demand.
Such as to build mixed use Public housing with both market price and fairer price (to be raffled off among qualified applicants based on income level) will lower the price accordingly.

To keep the building in a partnership position between city and applicant, we may require SHARED profit when the fair price unit being sold,  say 50/50 on capital gain (hopefully, it may be loss to be shared too).
So city may be in a position to balance their budget from the investment in housing supplies.

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 楼主| 发表于 2016-11-6 22:24:18 | 显示全部楼层
babyme 发表于 2016-11-6 06:57
One way to lower the housing price is to use the free market Supply and Demand logic.

More  deman ...

there is no purely free market, if 100% free market, no law no regulation, everything would be a mess.
always some degree of government intervention and regulation
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 楼主| 发表于 2016-11-6 22:26:22 | 显示全部楼层
babyme 发表于 2016-11-6 06:57
One way to lower the housing price is to use the free market Supply and Demand logic.

More  deman ...

actually, the city can build more condos on the land,
i saw quite a lot areas with too much empty land,
such as markham, too empty..
if city build more condo, we then have more available housing resources,
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发表于 2016-11-7 04:22:26 | 显示全部楼层
Condo is for Living .
Not Investment.

Not location location location.
land land land.
Ontario and metro should learn from Beijing,. Move Non essential service outside of Metro.  Boost outside economy.  I know relatives moving out of Metro so as not to take a job in downtown core.


Too Fxxking long to go to work from Markham or R Hill.  Bad quality of life.
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 楼主| 发表于 2016-11-7 16:21:32 | 显示全部楼层
babyme 发表于 2016-11-7 04:22
Condo is for Living .
Not Investment.

mind , no four words here ,
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 楼主| 发表于 2016-11-7 16:22:06 | 显示全部楼层
babyme 发表于 2016-11-7 04:22
Condo is for Living .
Not Investment.

we have more condos than house here ,
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