Ontario

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Ontario chiefs call for housing minister to resign, add to calls for Greenbelt probe (www.cp24.com)

submitted 2 years ago by Grappling7155 to c/ontario

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Tyler Griffin, The Canadian Press

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[–] [email protected] 1 points 2 years ago

Look at it this way...

Ford claims that this will provide 50,000 homes. His developer friends will make $8 billion in profit.

Easy math...

$8,000,000,000 / 50,000 homes = $160,000/home

Imagine how much more good those homes could do if they cost $160,000 less each.

Sure, the developers deserve to make a profit but maybe, just maybe, if other developers had had a chance to get in there the people of Ontario might have gotten better value for their land.