More Canadian developers are slowing their pace of building or nixing projects completely. Here’s what you need to know about your rights if you bought a pre-sale home.
My biggest complaint, as someone who’s been working in the trades in Ontario since 2010, is that the amount of money that houses are worth has gone up like 400%, but the pay for the actual workers has barely gone up at all.
I remember when I first started working in a subdivision, there were billboards up saying you could get the cheapest base model houses for $200k. Those houses now are probably worth almost $800k, and the guys working in the houses probably make an extra couple bucks an hour compared to when those houses were selling for $200k.
So the developers are making huge money, the real estate agents are making huge money, the landlords and people who can afford these properties are making huge money too. But the people who actually build the houses make fuck all.
I fucking hate this world, all of us working class people need a general strike like right now.
Fuck the rich, fuck politicians, and fuck Doug Ford in particular
I mean, it’s the price of land that went up. The house will always cost the same to build. It still sucks that the person owning that land and the one making commission selling it is making bank, but changes in housing prices (especially the ones that are already built and just sitting there) won’t usually translate into higher construction salaries.
The house will always cost the same to build.
yes largely its the price of land but lumber prices are insane. 1 sheet of OSB is like 50 bucks. 2x6x12 is 15. not to mention copper prices for all the wiring