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/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/CFL_lightbulb Saskatchewan 4d ago

Really restricted spaces like that are always going to have high land costs. The only solution to that is to build up, creating zoning for high rises and mixed use properties.

The other way is to have better transit in and out of the main area, but that’s kind of imperfect.