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I'll be on stage at Canada 2020's Getting Big Things Done conference this morning, so we have an early MMI post! RBC finds Canada needs $2T in capital in 5 years to meet our housing goals. Here are four ways we can get closer to that goal. Read here: www.missingmiddleini...

submitted 16 hours ago • 0 comments

was looking at a proforma this week and sales tax + MHA fee + dev charges for a small project in seattle were 20% of construction cost. that's not even getting into mortgage and closing costs. it is more per home than many of my elderly neighbors bought their home for.

submitted 1 day ago • 2 comments

Spoiler for tomorrow's piece, on how governments keep promoting the idea of seniors downsizing as a solution to the housing crisis, then tax the heck out of them when they try.

submitted 1 day ago • 2 comments

Our housing starts data misleads us. In 1987 and 2024, Canadian housing starts were nearly identical; on paper, both were great years for homebuilding. But what was built in those two years had little in common.

submitted 2 days ago • 5 comments

Ontario's disconnect between population growth and ground-oriented housing starts (single-detached, semi-detached, and townhouses) dating back to the late 2000s is truly remarkable. What's more remarkable is the mental gymnastics folks will go through to deny this reality.

submitted 2 days ago • 1 comment

There's this idea that the disconnect between Ontario population growth and family-friendly housing starts is a post-pandemic phenomenon. Nothing can be further from the truth. There's been a secular decline in ground-oriented housing starts plus a post-2015 population boom.

submitted 4 days ago • 2 comments

New piece in the Globe and Mail. Lisa Raitt (@lraitt) and I on how Canada can’t solve its housing crisis without the provinces. Read here: www.theglobeandmail....

submitted 4 days ago • 0 comments

One of the best things about having @beheshtialex on the team is that he thinks of wonky stuff the rest of us don't. Here's one example that I love, illustrating why Canada desperately needs a Zoning Atlas to solve the housing crisis. Read here: www.missingmiddleini...

submitted 4 days ago • 1 comment

Latest piece. We do the math and incorporate land-transfer taxes to show how the federal government and Ontario could immediately reduce the price of a new home from $900,000 to $800,000. It just takes a simple tweak to rebates. Read here: www.missingmiddleini...

submitted 5 days ago • 3 comments

I will never cease to be amazed at the truth of the statement: "The right looks for converts, the left looks for traitors"

submitted 6 days ago • 6 comments

The Toronto Condo market crash we've all been expecting for YEARS is (sadly) finally here, according to @ronmortgageguy, who joins @SabrinaMaddeaux & @MikepMoffatt on today's Missing Middle pod

submitted 6 days ago • 3 comments

New podcast episode! Sabrina and I talk to Ron Butler (@ronmortgageguy) on Toronto and Vancouver's broken housing markets. How we got here, and how it'll get worse before it gets better. Condo Crash Meets Housing Crisis Watch here: youtu.be/9xD5veEsB3U

submitted 6 days ago • 0 comments

Latest at @missingmiddleca. We examine the crumbling dream of homeownership and how policymakers need to consider both first-time and second-time homebuyers. The Homeownership Journey Is Broken. Policymakers Need to Repair It. Read here: www.missingmiddleini...

submitted 7 days ago • 3 comments

The first use case of our Affordability Calculator. It would take 16 years to restore housing affordability to Hamilton without a price drop... and that's assuming levels of income growth not seen in 50+ years! It wasn't always like this. Read more here: www.missingmiddleini...

submitted 8 days ago • 1 comment

One question we get asked a lot at MMI is "Why doesn't Canada build new cities?" The short answer: We do! Check out how small Markham, Vaughan, and Richmond Hill were 50+ years ago. It's an organic process that continues today, in places like Thorold.

submitted 8 days ago • 4 comments

What Would It Take for Your Kids to Afford a Home in Hamilton? New MMI piece! We show how middle-class affordability deteriorated in Hamilton, and how in the best-case scenario it'll take 16 years to restore affordability without prices going down. www.missingmiddleini...

submitted 8 days ago • 1 comment

New @missingmiddleca piece! There's a ton of interest right now in how long it will take housing to become affordable again without prices going down. We designed a free calculator that provides the answer under any set of assumptions. See here: www.missingmiddleini...

submitted 9 days ago • 0 comments

New @missingmiddleca piece! Is Doug Ford About to Slash $100K Off the Price of a New Home? The Premier of Ontario makes a bold offer to the federal government. Read here: www.missingmiddleini...

submitted 10 days ago • 4 comments

Earlier today, @BarbaraPatroci asked Premier Ford if he would be willing to cut the PST on new housing. His response: "If the federal government came and waived the [HST], the federal side, then we'd look at the provincial side as well" Read here: www.qpbriefing.com/n...

submitted 11 days ago • 2 comments

Thanks @justinling.ca and @aaronwherry.bsky.social. That is so strange it isn't at parl.ca (which is where I was looking). Text of the bill here.

submitted 11 days ago • 1 comment

The government introduced a bill this week, "An Act respecting certain affordability measures for Canadians and another measure". I can't seem to figure out how to access it on parl.gc.ca. Anyone who is more adept at this... how do I get a copy of the text?

submitted 11 days ago • 3 comments

New @missingmiddleca piece! Today, we examine the various options governments have to reduce housing taxes, including one that can substantially lower "junk fees": having development taxes charged directly by homebuyers. Read here: www.missingmiddleini...

submitted 11 days ago • 1 comment

Want to estimate what reducing development charges by 50%, or modernizing the GST Rebate, would do to the price of a new home in Vancouver or Kelowna? Now you can, with our British Columbia Housing Construction Tax Calculator! Find it here: www.missingmiddleini...

submitted 11 days ago • 1 comment

New report from MMI! The Task Force for Housing and Climate has asked us to assess the performance of governments in relation to their Blueprint for More and Better Housing. The feds receive the highest grade, while Alberta receives the lowest. Find out why here: www.missingmiddleini...

submitted 12 days ago • 5 comments

Special bonus post! A group of leaders in the housing space have called on the federal government to make a few key changes to their GST housing proposal, to take it from good to great. Read more here: www.missingmiddleini...

submitted 13 days ago • 1 comment

We signed onto this letter, encouraging the federal government to remove the first-time homebuyer restriction on their revised GST New Housing Rebate. Building Industry Leaders Issue an Open Letter to Prime Minister Carney on GST Rebate Commitments www.bildgta.ca/build...

submitted 13 days ago • 3 comments

New Missing Middle episode! "Can Factory-Built Homes Solve the Housing Crisis?" We look at both the potential, and the hype, around prefabrication and factory-built approaches to housing, along with the barriers preventing adoption. Watch here: youtu.be/sEqhIaBjgpg

submitted 13 days ago • 0 comments