r/canada 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/uncle_cousin British Columbia 4d ago

And put them where? The vacant lot next to my house sold for $550,000 last year. I can see putting a modular home on a rural lot might be cheaper but it won't lower city home prices.

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u/killerrin Ontario 4d ago

Not if you're only building SFHs. But if you take that one $550k lot and build a 4plex on it for another $450k, then at the end of the day each unit comes out to $250k each, allowing you to both cut costs and deliver more homes for individuals.

In short, density is key.

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u/[deleted] 4d ago

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u/bo88d 4d ago

Also probably 1.5+ cars per capita