Pilbara Minerals Ord Shs T.PLS

Construction around Toronto

[teach]

Slightly off topic, but I think it shows how quickly construction can get crazy hot in a real estate market.  I just drove along Hwy 7 from one end of suburban Toronto to the other end.  I passed dozens of condo construction sites, a subway construction site, several shopping centres construction sites, bridge construction sites.  The whole highway was torn up and dozens and dozens of workers, cement trucks, cranes surrounded me during my entire drive.  A few years ago, Hwy 7 was pockets of buildings surrounded by undeveloped land and strip malls.  5 years from now, it will be a high density corridor.  

I think about California,  a very desireable place to live, having had very little infrastructure development since 2007; the backlog must be enormous!  Progress can be slowed down, but it can't be stopped.