Growing up in one of those neighbourhoods in Eastern Europe was absolutely incredible. It was one of the few bright spots of living a tough childhood during the economic collapse brought by economic shock therapy in the 90s. Tons of neighbour kids to make friends and play with. Kindergarten and school in walking distance. Green spaces all over the place. Most kids walked by themselves to school till the end of middle school. Then we went to high school by free or cheap public transit. Going from that to the GTA was shocking, even though the GTA is not even close to the worst planned North American metropolitan area.
Grand Theft Auto?
Genuflect To America?
Gotham Teachers Association? Guess The Abbreviation?Galactic Terran Alliance, going to school by foot sure sucks when it’s 7 star systems away
Greater Torontario Area 😄
That’s true and I agree in both experience and principle. Them brutalist buildings do be ugly tho…
I’d think HOA suburban American neighborhoods would be a better photo. Every fucking house looks the same and is some kind of white or slightly off white color. Boring as shit.
anglo-americans when repetitive buildings: 😡🤬🤮
anglo-americans when repetitive buildings, but way, waaaaaaaaay less dense and also everything is too far away for foot or bike and there’s no public transit so you need to own a car: 😍😄🥰
i wonder why there’s a housing crisis
There’s a housing crisis because residential properties are used as investment vehicles.
It’s the other way around. Residential properties are used as investment vehicles, because it’s profitable. It’s profitable because the prices are high and rising. The prices are rising because of the housing crisis, which is caused by lack of supply. Lack of supply is caused, in large measure, because of restrictive zoning.
If there were a glut of housing on the market, prices would crater, and it wouldn’t be profitable, investors wouldn’t buy residential properties. They could still try to buy up all of the properties, and create artificial scarcity that way, but the idea is to make a profit, not just collect residential property for the sake of having it. As soon as they started selling or letting properties in large numbers, supply would rise and prices drop again.
It’s the artificial scarcity mandated by law that’s driving the high prices. This explanation is confirmed by many cities, like mine, that have a very low rate of private equity ownership, and still have a housing crisis.
absolutely but we can’t deny that most construction projects in anglo-america for the past few decades being single family homes for so-called upper-middle-class people exacerbates the problem
needs me some of those glasses