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Old Posted Nov 2, 2019, 12:56 PM
Crawford Crawford is online now
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
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Quote:
Originally Posted by isaidso View Post
Besides, a far higher % of Canadians live in cities with expensive real estate. A single detached house on a big lot would cost millions.
This is a huge factor. Canadians are more apt to live in multifamily because SFH are extremely expensive.

It's generally agreed that, all things equal, most people prefer SFH. So why would there be lots of multifamily in, say, suburban Columbus? Makes no sense when a nice SFH home can be had for 200k. But makes plenty of sense when the same home in the GTA is 800k.
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