True Costs Of Housing

Authors

  • Morley Kells

Keywords:

Land development, Building Industry, Government fees

Abstract

The article provides an analysis of land development costs, including holding costs and municipal fees. The author argues that external factors play a major role in driving up development costs in the GTA. These include the overwhelming requirements in the GTA and the additional charges. These costs result in economic recession. Moreover, the article proposes some changes in land development costs, government policies and delay costs due to environmental factors.

Author Biography

Morley Kells

Morley Kells is the first full-time President of the Urban Development Institute ofOntario since 1990. A veteran of elected office at three levels Morley was an Alderman in the City of Etobicoke and Metro Councillor for the area. He served as the MPP for Humber, a Parliamentary Assistant to the Minister of  Transportation and Communication and in 1985 became Minister of the Environment. The Urban Development Institute of Ontario received its charter in 1957 as a professional, non-profit organization comprising firms engaged in the development of lands in the Province of Ontario.

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Published

1993-01-01

How to Cite

Kells, M. (1993). True Costs Of Housing. Economic Development Journal of Canada, 19–21. Retrieved from https://ecdev.journals.yorku.ca/index.php/default/article/view/150

Issue

Economic Development Journal (EDCO Journal), 1993

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

All content published in the Economic Development Journal of Canada is available under a Creative Commons Attribution Attribution (CC BY) International 4.0 license. The journal owns copyright for all works published prior to June 2020. The author(s) retain copyright for all works published after June 2020.