As the Greater Toronto Area (GTA) grapples with housing affordability and supply issues, it is crucial to understand the factors influencing housing costs, and where actionable solutions can make a real impact. When constructing new homes, labor and material costs are market-based, leaving limited avenues for cost reduction. However, governments can have an impact in three key areas:&nbsp;

It is crucial to understand the factors influencing housing expenses, and where actionable solutions can make a real impact{ai:summary}Housing affordability and supply issues in the GTA remain a top concern, driven by market-based labor and material costs. Government intervention is crucial to address these challenges. #economyFactors like labor and material costs drive housing costs in the GTA, with limited avenues for reduction. Government intervention in key areas can help improve housing affordability and supply. #economy

Three levers governments must utilize to ease the cost of a new home in the GTA

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