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Mid-Size Cities Embrace Density, Housing Crunch Persists

Mid-Size Cities Embrace Density, Housing Crunch Persists

Published 3 weeks, 1 day ago
Description

Canadas mid-size cities are embracing density, building more multi-unit homes than sprawling suburbs. This shift, driven by land costs and population booms, has led to a surge in high-rise construction. However, this hasnt eased the housing crunch, with rents soaring and most units chasing profits. Developers argue density is key, but residents push back, citing infrastructure strain. As markets cool, a pivot to smaller, safer low-rise builds may emerge, balancing growth with community needs.

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