Post #3919083
2026-07-18 19:57 UTC
Replies (1)
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@gatesvp@mstdn.ca 2026-07-18 20:04
We can talk about Canada needing to build 4 to 5 million housing units in the next decade. But that number only makes sense if we maintain the 12 to 15 million units that we currently have. And the vast majority of those units will not be up to spec in 2035. Insulation, HVAC systems, electrical upgrades, etc. Building 4 million units of new housing to a new building code is relatively easy compared to retrofitting 12 million units to that code. Those retrofits are far more labor intensive, and require more training and experience as you're dealing with 100 years of evolving building codes. And those retrofits are equally if not more important than the new housing. I think it's hard to overstate the amount of infrastructure debt we're going to be paying off over the next 30 years. //