You probably already know that Canada has the most unaffordable housing basically anywhere in the world. A problem that Prime Minister Mark Carney has promised to fix by simply building a bunch of modular homes.

And that is the plan: He formed a new agency, Build Canada Homes, gave it an initial budget of $13 billion and a mandate to just start throwing up subdivisions of factory-made homes on federal land.

The thing is, this strategy ignores the one thing that homebuilders keep telling us would be most effective at getting more homes built.

Quite simply, it’s really, really expensive to build homes in Canada. And that’s without factoring in land or construction costs. I’m talking about development charges: The fees, taxes, mandatory reports, environmental and anthropological surveys an

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