Toronto #1 Fastest Growing City In North America... 3X Faster Than #2

[Economy 52,844]

Iihttps://www.google.ca/amp/s/www.narcity.com/amp/torontos-population-is-growing-faster-than-anywhere-else-in-north-america

 

Toronto grew 77,000 people last year (125,000 for the metro) a rate 3X faster than the second fastest "Phoenix Arizona" at just over 25,000

 

The explosive rate has led to severe housing shortage and record low vacancy rates as low as 0.3% in parts of the city despite the condo construction boom

[TheLameMonster 533]

Toronto raptors their impact 

no but I’ve seen degrassi and the skyline is beautiful 

[Economy 52,844]

Just now, HoldenC said:

My boyfriend who lives just outside of Toronto said it's pretty much a miserable place to live. Everyone in the states glamorizes Canada but everything I've learned since dating him painting a different picture. I guess I'll see in November when I visit for the first time

In terms of housing affordability it's a disaster

 

The homeless rate in Canada is now higher than in the US despite higher minimum wages and more social assistance available

[Economy 52,844]

@gabeoz and u said it was the same everywhere when I said in Canada ppl concentrate in Toronto at a rediculous rate 

[Woolfsmck 2,763]

Its cause they cheat 

[Economy 52,844]

1 minute ago, HoldenC said:

He sent me a picture of a townhouse for sale for almost $1 million dollars!! A townhouse It makes the overpriced housing in my city look like a steal 

Yeah... With the tougher downpayment rules, shorter amortizations, stress tests etc...

 

It has not cooled the market much so far

 

I think the government is failing to cool the market because this isn't a speculation problem inflating prices...

 

There's just not enough houses and the demand drives it up

[Economy 52,844]

2 minutes ago, Woolfsmck said:

Its cause they cheat 

Cheat in what?

[Woolfsmck 2,763]

Cheat. Not chest

[TimisaMonster 31,073]

Good thing I'm moving away from Phoenix....bye! Lol

[Economy 52,844]

11 minutes ago, Woolfsmck said:

Cheat. Not chest

I know it was a typo

 

Cheat in what?

[Woolfsmck 2,763]

Gimme a bit so I can think up something dumb

[Economy 52,844]

9 minutes ago, Woolfsmck said:

Gimme a bit so I can think up something dumb

K. I'll be waiting

[OBEY 57,109]

tbh I don't like Toronto. I feel like there's too much buildings and nothing is charming about it. and it's kind of boring, club/bar wise, from what I've experienced . sorry.

[gumzy3000 7,898]

I live in Toronto and the traffic is getting really bad. Public transportation is also severely congested and too many condos are being built everywhere. It’s becoming huge and I don’t think it’s a bad thing but there needs to be proper infrastructure (roads, subways, etc) that need to be built to accommodate a growing population. 

[gabeoz 7,915]

1 hour ago, Economy said:

@gabeoz and u said it was the same everywhere when I said in Canada ppl concentrate in Toronto at a rediculous rate 

 I meant general population migration. Of course some cities grows much faster than others.