Quote:
Originally Posted by iheartthed
It's due to Canada's stricter land use policies.
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stricter regs aren't universal across Canada though. Calgary is known in Canada for being extremely sprawling, yet it maintains a significant downtown residential and commercial population.
Same thing with cities like Ottawa and Edmonton.
Apartments are more common in Canada basically regardless of city size, location, income, and regulatory context. Even small, 20-30,000 person cities with very low land use regulations see regular apartment building construction.
Land Use regs definitely influence it in places like Toronto and Vancouver, but it's ultimately based on, in my opinion:
1. slightly lower average incomes
2. greater acceptance of public transit
3. lower parking rate requirements on average, dropping construction costs
4. greater acceptance of apartment living
5. different finance structures which more easily enable financing of large-scale apartment projects