NAIOP: Municipal Charges on New Rental Construction Up as Much 628%, Threatening Supply
A new report commissioned by the Canadian Chapters of NAIOP reveals that municipal fees and charges on purpose-built rental housing have risen between 290% and 628% since 2010. These escalating fees are pushing otherwise viable projects beyond the point of feasibility. In Toronto, these fees now represent up to 31% of total construction costs. Please […]
NAIOP: Municipal Charges on New Rental Construction Up as Much 628%, Threatening Supply Read More »