The Real Cost Of Development Charges

What are Development Charges (DC's) and what is the actual impact on housing & the economy. We are also joined by Matt Young of Republic Developments as an expert and advocate of DC's.  Development charges are fundamental fees collected from developers to fund municipal infrastructure⁠⁠​ These charges have risen dramatically and are significantly impacting housing affordability⁠⁠​ The government is a major beneficiary, collecting substantial revenue through various taxes and fees on new home construction⁠ ⁠​High development charges actively discourage builders from constructing new homes, affecting housing supply⁠⁠ Attend Our Real Estate Holiday Party Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch buy your next property with ai - valery.caSee omnystudio.com/listener for privacy information.