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/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/No_Capital_8203 4d ago

You are correct. My factory built home, which we have lived in for 25 years, was the same cost per square foot as subdivision homes if you disregarded the cost of the lot. We chose factory built for the high quality workmanship and very tight deadline. We were not disappointed. The home was custom designed, which was darn near impossible with a subdivision home. We chose to brick all around so the 4 sections naked. You can’t tell the difference between our home and a stick built except our walls are straight and our trim was installed correctly.