Latest / The Missing Middle Podcast
Why Developers Only Seem to Build McMansions
Ever wonder why it's nearly impossible to find a brand-new, modest starter home? In this episode of Classonomics, Sabrina Maddeaux and Mike Moffatt break down the real-world housing economics driving the extinction of small detached homes across Canada and why developers are practically forced to build McMansions instead.From flat municipal fees to setback regulations and astronomical land costs, we run through the numbers we explain why smaller homes no longer make financial sense for builders, and what policy changes could actually fix it.The disappearance of homes under 1,500 square…
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