Mindblown: a blog about philosophy.
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Affordable housing will be built faster in Mississauga, mayor’s task force pledges
Mississauga's Mayor's Housing Task Force is making strides to expedite the construction of affordable housing in the city. Formed last summer, the task force, consisting of over 30 members from the city and the development sector, has proposed 30 actions aimed at increasing the number of affordable homes. Key recommendations include reforming development charges, updating…
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Reforming Development Charges: Cutting GTA Housing Costs?
Development charges have soared up to $163,000 per home in GTA, increasing housing costs significantly.Development charges fund vital infrastructure like water, roads, and sewage for new housing projects in Ontario.
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…
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GTA Condo Buyers Leverage Increased Inventory
Homebuyers in the Greater Toronto Area gain negotiating power due to increased condo listings at the end of 2024.First-time buyers benefit from lower borrowing costs and stronger negotiating power in early 2025.
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Is 2025 the Year to Buy an Ontario Cottage?
Ontario cottage market anticipates strong 2025 sales due to improved buyer sentiment and falling rates. Cottage prices have levelled but are expected to rise, particularly for scarce waterfront properties.
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GTA Housing Market Slows Amid High Rates
Greater Toronto home sales ↓ 1.8% in December, totalling 3,359 transactions. The avg selling price ↓ 1.6% yearly to $1,067,186 in December.
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Ontario’s Improved Credit Rating Boosts GTA Growth
Ontario's improved credit rating allows for lower borrowing costs, benefiting GTA residents and families. GTA families will receive $1K in rebates to help combat high interest rates and taxes.
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GTHA Condo Sales Plummet 64%
New condo sales in GTHA dropped 64% at the end of 2024, marking the lowest sales since 1996. Investor challenges, including negative cash flow and financing difficulties, contribute to the ongoing market decline.
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‘Unprecedented’ 18- and 22-storey buildings proposed in historic Mississauga area
A proposal for two residential towers, 18 and 22 storeys high, has been introduced in historic Streetsville, Mississauga, raising concerns about its size and density. The site, currently occupied by low-rise buildings, is designated for medium-density residential use, allowing a maximum height of three storeys. Local councillor Brad Butt has expressed that the proposed heights…
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