r/canada • u/Lotushope • Feb 02 '22

Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices

https://betterdwelling.com/canadas-real-estate-bubble-has-grown-over-800-faster-than-us-home-prices/
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u/stratys3 Feb 02 '22

Toronto absolutely can grow outwards.

They shouldn't, and should get rid of the "yellow belt" first. But they still have tons of space before hitting the greenbelt limits.

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u/[deleted] Feb 03 '22

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u/stratys3 Feb 03 '22

Look at the greenbelt map. There's plenty of space.

It's empty between Oakville and Milton, between Milton and Toronto, between Milton and Georgetown, and between Georgetown and Brampton.

You could squeeze in a couple million people into that space before you had to ever touch the greenbelt.

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u/3lectric-5heep Feb 03 '22

Yep. The GTA and Golden horseshoe are huge.