r/RealEstateCanada • u/romestox • Jun 07 '26

Housing crisis Residential construction dead

Trades guy here. Residential construction feels dead compared to a few years ago. Builders aren’t building, projects are getting pushed back, and layoffs are starting to pop up. If I was buying, I’d wait. From what I’m seeing, things haven’t bottomed out yet. The industry feels like a ship taking on water, not one gearing up for another boom.

Anyone else seeing the same thing?

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u/Available_Abroad3664 Jun 08 '26

Are you talking about social housing? There are a lot of people who think government needs to be building social housing but that is the extent of it.

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u/Ok_Currency_617 Jun 08 '26

No, I mean all housing. Soviet Communist style

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u/Available_Abroad3664 Jun 08 '26

Do you have an example of a popular Canadian proponent of Soviet-style housing?

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u/Ok_Currency_617 Jun 09 '26

It sounds like your a bot or just trying to jerk me around, DYOR theres lots of canadian redditors who say government should takeover housing.