So while you'd be spending a larger percentage of your money locally, you'd also be spending less money in absolute terms.
While I think there's a lot that Canada (and other democracies) can do to help reduce housing prices, it's almost like a truism that if you have a great city with a lot of high paying jobs, getting closer to the city and getting access to that city will be expensive. I mean, if we were to take what you were saying to heart, why doesn't all of Canada move to one city? Clearly there are some bounds.
> So while you'd be spending a larger percentage of your money locally, you'd also be spending less money in absolute terms.
True, but in absolute terms it's cheaper to live where you're spending the money as well, which pays for a house, etc.
Isn't this a good thing in some ways or maybe many/all ways? Now wealth is less concentrated in one or a few locations. Every dollar not spent commuting is a dollar spent at a local coffee shop, or money that goes into the tax base of the other city.