^^ Agree. It's largely a Vancouver problem. Toronto does see a of wealth pour into it, in the same way as London, Sydney, and Zurich does, but these condos aren't sitting empty.
Quote:
Originally Posted by badrunner
The Trump effect is real. Canada is going to be an increasing attractive alternative for prospective immigrants. If the US is entering into a period of more restrictive immigration policies then this can be expected to continue. So when Toronto finally surpasses Chicago you'll know who to blame
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You're being awfully dismissive of Toronto's accomplishments. When San Francisco, New York, or the US prospers its because of US ingenuity, hard work, policy, innovation, etc. Has it occurred to you that when Toronto, Vancouver, or Canada prospers it's because of Canadian ingenuity, hard work, policy, innovation, etc.?
I agree that having a dud like Trump helps Canada but Toronto (and Canada) would be booming with or without a Trump presidency.