{"id":18059,"date":"2022-03-07T14:35:27","date_gmt":"2022-03-07T19:35:27","guid":{"rendered":"https:\/\/ckms.ca\/?p=18059"},"modified":"2022-03-07T14:35:27","modified_gmt":"2022-03-07T19:35:27","slug":"developers-limit-production-to-keep-home-prices-high-mississauga-report-says-a-claim-the-builders-association-calls-absurd","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=18059","title":{"rendered":"Developers limit production to keep home prices high, Mississauga report says \u2014 a claim the builders\u2019 association calls \u2018absurd\u2019"},"content":{"rendered":"<p>The staff report casts doubt on the province\u2019s housing affordability task force recommendation that curbing municipal permissions for homebuilders would lead to lower housing costs.<\/p>\n<p>Source: <em><a href=\"https:\/\/www.thestar.com\/news\/gta\/2022\/03\/03\/developers-limit-production-to-keep-home-prices-high-mississauga-report-says-a-claim-the-builders-association-calls-absurd.html\">Developers limit production to keep home prices high, Mississauga report says \u2014 a claim the builders\u2019 association calls \u2018absurd\u2019<\/a><\/em><\/p>\n<hr \/>\n<p>\u201cWhat we\u2019re saying here is that developers are interested in phasing growth so that they will always command the maximum the market will tolerate for any unit,\u201d he said in an interview.&#8221;<\/p>\n<p>but then:<\/p>\n<p>&#8220;The Building Industry and Land Development Association (BILD), whose president sat on the task force, pushed back on Whittemore\u2019s suggestion that developers were staggering growth specifically to manage downward pressure on prices \u2014 with spokesperson Justin Sherwood calling it \u201cabsolutely absurd\u201d given the level of demand for housing across the GTA markets.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The staff report casts doubt on the province\u2019s housing affordability task force&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[84,18,620,431],"class_list":["post-18059","post","type-post","status-publish","format-standard","hentry","category-article","tag-canada","tag-economics","tag-housing","tag-toronto","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/18059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18059"}],"version-history":[{"count":0,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/18059\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}