Originally Posted by dc_denizen
Toronto has 36,000 construction permits awarded YTD through October (same as Houston), but this is 47% multifamily (17000 units, #1 in NA). Houston, NY, and Dallas clock in at 11000-14000 multifamily (+5 units) permits.
Which brings up the topic of highrises vs other type of multifamily construction. How is it that Toronto has a 2 to 1 highrise advantage over NY (which I've heard from multi sources) but only a 22% permit advantage?
I wrote this in one of the thousand other threads on this topic, but I'll repeat my thoughts: I don't think the premise is correct.
I don't know what the leading highrise city is in the Western World, because there's no reliable database. Emporis is horrible in Latin America, and highly variable in quality in the rest of the Western World.
And, obviously, the questions of "what constitutes a highrise in terms of height", "what counts as a city in terms of geography" and "are we counting occupied, u/c, permitted, and how are we counting these variables given that jurisdictions have different rules" are key questions.
Given all this, if I had to guess, and we used the Emporis definition of 12+ floors, I still think that Mexico City and NYC are building more highrises than Toronto. There could be other cities too (Sao Paulo?) but I don't know other cities very well.
But really, I don't know, for sure. I'm fairly certain that these articles are based on bullshit stats, though.