An overpriced, tiny guest house that may potentially double the use of the most inefficient housing format there is, is at best a tiny drop in the ocean.
Density is realized not by charitably lending out a few square feet in your hoarded greenspace at a premium cost. Density is realized by consolidating greenspace, building massively vertically, and rendering more sprawl back into the land pool for reassignment as housing and shared greenspace if close into urban centers, agri land otherwise. Over and over.
The age of hoarded greenspace is over. We need to tax that for the luxury it is.
The home show’s 570-square-foot pre-fab feature garden suite for instance, is selling for just over $200,000.
Well at this price, one has to rent it for $1200+ and someone has to give you a loan for that. I think we have a lot of space for rooming the existing houses before people get to this. Some people rent single rooms for this much in Toronto these days. Heck I don’t know if we’re even out of basements yet.
That price has to come down by at least 50% before most people could consider building one. I have space on my side yard to put a suite with parking and everything, but there is no way I can afford that price tag.
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