Re:The U.S. Housing Market vs. the Canadian Housing Market
by Tiktaalik on Sunday September 10, 2023 @01:13PM
(#37457853)
Also drive around and you'll find that not all land is created equal. Much of Canada muskeg, tundra, and just awful places to be, which is why no one lives there.
British Columbia looks big on a map, turn on the topographic layer and oops it's all mountain. No wonder everyone lives in a handful of tiny valleys. And oops we flooded tons of the valleys for hydro power too, further driving down the actual available prime land one can live on.
If no one lives in a place there's usually a good reason.
The idea that you could build out in a field ignores the true value and the true finiteness of land, the geography of agglomerations of skill and people.