Building houses is still affordable; it’s the layers of government that make buying a house prohibitively expensive.
I was driving last week in Toronto, Canada, with the radio on, half-listening to the usual talk‑show chatter, when a guest said something that made me turn up the volume. The host on CFRB 1010 in Toronto was interviewing Richard Lyall, the longtime president of the Residential Construction Council of Ontario. Lyall is not a politician, not an activist, not a partisan warrior. He’s a construction‑industry veteran who has spent more than three decades studying the cost of building homes in Canada. And what he said was stunning in its simplicity.
