Ready to Real Estate

Rising Developer Fees and Affordable Housing in the GTA

September 15, 2022

The City of Toronto is increasing developer fees by 46 per cent over the next two years, but what does this mean for our ability to create new housing developments for the average Canadian home buyer? In this episode, Richard Lyall, President of RESCON, meets with Ready to Real Estate podcast host and TRREB Chief Market Analyst Jason Mercer to discuss the impact of these increased costs on housing affordability and supply in the GTA and GGH.

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