{"id":9200,"date":"2020-06-29T10:27:27","date_gmt":"2020-06-29T14:27:27","guid":{"rendered":"https:\/\/www.opushomes.com\/blog\/?p=9200"},"modified":"2020-06-29T10:27:27","modified_gmt":"2020-06-29T14:27:27","slug":"toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/www.opushomes.com\/blog\/toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19\/","title":{"rendered":"Toronto home builders warn of housing project delays due to COVID-19"},"content":{"rendered":"<p><a href=\"https:\/\/www.thestar.com\/business\/2020\/06\/22\/toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19.html\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9203\" src=\"https:\/\/www.opushomes.com\/blog\/wp-content\/uploads\/2020\/06\/star.png\" alt=\"\" width=\"1557\" height=\"1188\" srcset=\"https:\/\/www.opushomes.com\/blog\/wp-content\/uploads\/2020\/06\/star.png 1557w, https:\/\/www.opushomes.com\/blog\/wp-content\/uploads\/2020\/06\/star-300x229.png 300w, https:\/\/www.opushomes.com\/blog\/wp-content\/uploads\/2020\/06\/star-768x586.png 768w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/a><\/p>\n<p class=\"text-block-container\">The home building industry is warning that COVID-19 related construction delays will make Toronto\u2019s housing shortage worse by stalling up to 9,000 housing starts and the occupancy of another 8,000 in the next 18 months.<\/p>\n<p class=\"text-block-container\">A third of housing projects are behind schedule by six months or more, according to a Building Industry and Land Development Association (BILD) mid-May survey of the its members being released Monday.<\/p>\n<p class=\"text-block-container\">The findings underscore the recommendations of a BILD report released two weeks ago\u00a0<a class=\"text-block__link\" href=\"https:\/\/www.thestar.com\/business\/2020\/06\/08\/home-builders-look-to-tax-breaks-easing-of-mortgage-rules-to-stimulate-recovery.html\">recommending billions in stimulus spending<\/a>, tax cuts and delays, changes to mortgage rules and approval and planning efficiencies needed to help speed Ontario\u2019s economic recovery through construction &#8230;<\/p>\n<p>Read full article here<br \/>\nSource:\u00a0<a href=\"https:\/\/www.thestar.com\/business\/2020\/06\/22\/toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.thestar.com\/business\/2020\/06\/22\/toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The home building industry is warning that COVID-19 related construction delays will make Toronto\u2019s housing shortage worse by stalling up to 9,000 housing starts and the occupancy of another 8,000 in the next 18 months. A third of housing projects are behind schedule by six months or more, according to a Building Industry and Land &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.opushomes.com\/blog\/toronto-home-builders-warn-of-housing-project-delays-due-to-covid-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Toronto home builders warn of housing project delays due to COVID-19&#8221;<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":9203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/posts\/9200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/comments?post=9200"}],"version-history":[{"count":4,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/posts\/9200\/revisions"}],"predecessor-version":[{"id":9205,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/posts\/9200\/revisions\/9205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/media\/9203"}],"wp:attachment":[{"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/media?parent=9200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/categories?post=9200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.opushomes.com\/blog\/wp-json\/wp\/v2\/tags?post=9200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}