SimonP
Active Member
Strange, I'd characterize myself as being the Howard Stern of Toronto urban issues.
Simon, perhaps citing affluent Oakville (and for that matter Vaughan) was a bad example, but go check out REALTOR.ca and cross-referrence the GTA in general to Toronto. These are house listings up on their site as of this posting:
You can find both cheap and expensive homes in every city in the GTA, but in terms of average house price the suburban cities aren't any cheaper than Toronto.
It is very true that you get more house for your money the further out you go. It would be interesting to see the average price per square foot. I'm sure Toronto would be at the top of that list, but that doesn't mean the 905 is more affordable, only that one aspect of real estate (lot size) is cheaper. When looking for a home people value many things other than lot size. It is afterall a cliche that what matters in real estate is location, location, location.
A Ford supporter like yourself should trust in the free market. All the prices are set by supply and demand. If in Toronto $400,000 gets you 2000 square feet and in Brampton it gets you 4000 square feet, that means that buyers value proximity to work and culture, better transit, and older neighbourhoods enough to pay twice as much per square foot.