@TheStrange1989@BradleyKarp It will generate more tax revenue with a denser population. Not everyone has the luxury of living in a single family detached home. This is not rocket science. People have to live somewhere.
@GoldForecast I don't think you know what you are talking about. Sustaining capital is included and you would never include interest into an AISC calc.
@Buckleygkml@HomesForLiving_ Imagine you have a roaring fire. We throw buckets of water on the fire to put it out but you argue "there is still a fire despite the water, putting more water on the fire won't help!". Yes, we need a fire hose, however the buckets of water are reducing the flames.
@ronmortgageguy@DesjardinsGroup Hi Ron - I donโt understand why it is the Bank of Canadaโs concern whether households can handle their debt levels. I thought their primary concern is inflation, not protecting certain asset classes.