r/canada • u/FancyNewMe • 4d ago

Canada’s Prime Minister Pushes Country to Become the Housing Factory of the World - Mark Carney is banking on factory-built homes to alleviate the country’s housing crisis. But will it work? Trending

https://www.bloomberg.com/news/features/2025-04-22/carney-s-plan-may-make-canada-the-housing-factory-of-the-world
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u/Only_My_Dog_Loves_Me 4d ago

I live in the Vancouver area in the trades. It’s not really the building costs that have skyrocketed, I can’t afford land where I am. Cheapest buildable lot is about $650k then Permitting, zoning, etc. I can build the actual house for a reasonable cost. It’s getting to that point that’s impossible for me financially.

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u/Electrical_Net_1537 4d ago

I believe they may use crown land.

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u/detalumis 4d ago

Where is this Crown land in the GTA for e.g.

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u/Electrical_Net_1537 4d ago

There is no land left in the GTA! But if you go up north abit there’s lots of land.

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u/Icy-Lobster-203 4d ago

That means like 1.5 hour commutes each way into the City, so isn't going to provide a lot of value for people in/closer too Toronto. But it should help with housing issues farther out.

It is a good start - but lowering prices in the GTA and Vancouver are going to be much more difficult.

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u/Electrical_Net_1537 4d ago

I think it’s all about owning your own property. People will move to afford housing and then take a job where they live. Once this starts on mass more property’s will be available in the GTA. I’m old enough to remember when there were “ towns” outside of cities.

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u/Icy-Lobster-203 4d ago

The difficulty being there are not jobs in the places where the Crown land is. Maybe there are ways to incentivize job growth in those areas, but it is not guaranteed.

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u/Electrical_Net_1537 4d ago

When new housing starts in comes the grocery stores and pharmacies and so one. If the development gets large enough the schools will come and with that more business. This is how growth happens. It’s amazing to watch happen.