Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

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Canada must become a global superpower
The silver lining to the US starting a trade war with Canada and regularly threatening annexation is that it has forced this country out of complacency. Indeed, I'm hard pressed to remember a time, at least in my lifetime, when patriotism and nationalism has united so much of Canada. According to a recent survey by Angus Reid, the percentage of Canadians expressing a "deep emotional attachment" to the country jumped from 49% in December 2024 to 59% in February 2025. And as further evidence of...

The bank robbery capital of the world
Between 1985 and 1995, Los Angeles' retail bank branches were robbed some 17,106 times. In 1992, which was the the city's worst year for robberies, the number was 2,641. This roughly translated into about one bank robbery every 45 minutes of each banking day. All of this, according to this CrimeReads piece by Peter Houlahan, gave Los Angeles the dubious title of "The Bank Robbery Capital of the World" during this time period. So what caused this? Well according to Peter it was facil...
The story behind those pixelated video game mosaics in Paris
If you've ever been to Paris, you've probably noticed the small pixelated art pieces that are scattered all around the city on buildings and various other hard surfaces. Or maybe you haven't seen or noticed them in Paris, but you've seen similarly pixelated mosaics in one of the other 79 cities around the world where they can be found. Or maybe you have no idea what I'm talking about right now. Huh? Here's an example from Bolivia (click here if you can't see...

Canada must become a global superpower
The silver lining to the US starting a trade war with Canada and regularly threatening annexation is that it has forced this country out of complacency. Indeed, I'm hard pressed to remember a time, at least in my lifetime, when patriotism and nationalism has united so much of Canada. According to a recent survey by Angus Reid, the percentage of Canadians expressing a "deep emotional attachment" to the country jumped from 49% in December 2024 to 59% in February 2025. And as further evidence of...

The bank robbery capital of the world
Between 1985 and 1995, Los Angeles' retail bank branches were robbed some 17,106 times. In 1992, which was the the city's worst year for robberies, the number was 2,641. This roughly translated into about one bank robbery every 45 minutes of each banking day. All of this, according to this CrimeReads piece by Peter Houlahan, gave Los Angeles the dubious title of "The Bank Robbery Capital of the World" during this time period. So what caused this? Well according to Peter it was facil...
The story behind those pixelated video game mosaics in Paris
If you've ever been to Paris, you've probably noticed the small pixelated art pieces that are scattered all around the city on buildings and various other hard surfaces. Or maybe you haven't seen or noticed them in Paris, but you've seen similarly pixelated mosaics in one of the other 79 cities around the world where they can be found. Or maybe you have no idea what I'm talking about right now. Huh? Here's an example from Bolivia (click here if you can't see...
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One of the things I’ve always found funny about San Francisco is that, despite being a bastion of liberalism, it’s a city that’s incredibly anti-development. From the outside, it seems like a city filled with NIMBYs. Doesn’t that seem odd given its reputation as one of the most progressive cities in America?
Of course, many would argue that part of the reason so many people love San Francisco is because it’s done such a great job of preserving its history. And don’t get me wrong, I think that’s important. But as I’ve argued before, development should be about a balance. We should be looking to the future, while not forgetting the past.
Let’s put some numbers to this discussion.
According to Atlantic Cities, San Francisco has produced on average 1,500 new housing units each year over the past decade. Seattle does about 3,000. And in the Greater Toronto Area, we’re probably around 30,000. I’m not sure if the Atlantic Cities numbers represent only the city proper but, either way, the spread seems massive. Even still, market analysts, such as George Carras of RealNet, have argued time and time again that the Toronto region needs 40,000 new housing units a year just to keep pace with demand!
So what happens when supply doesn’t keep up with demand and you have a robust economy that continually draws in people from around the world? You get San Francisco. And you get expensive real estate and high rents that relatively few people can afford. San Francisco regularly tops the list of most expensive real estate markets in the US.
One of the things I’ve always found funny about San Francisco is that, despite being a bastion of liberalism, it’s a city that’s incredibly anti-development. From the outside, it seems like a city filled with NIMBYs. Doesn’t that seem odd given its reputation as one of the most progressive cities in America?
Of course, many would argue that part of the reason so many people love San Francisco is because it’s done such a great job of preserving its history. And don’t get me wrong, I think that’s important. But as I’ve argued before, development should be about a balance. We should be looking to the future, while not forgetting the past.
Let’s put some numbers to this discussion.
According to Atlantic Cities, San Francisco has produced on average 1,500 new housing units each year over the past decade. Seattle does about 3,000. And in the Greater Toronto Area, we’re probably around 30,000. I’m not sure if the Atlantic Cities numbers represent only the city proper but, either way, the spread seems massive. Even still, market analysts, such as George Carras of RealNet, have argued time and time again that the Toronto region needs 40,000 new housing units a year just to keep pace with demand!
So what happens when supply doesn’t keep up with demand and you have a robust economy that continually draws in people from around the world? You get San Francisco. And you get expensive real estate and high rents that relatively few people can afford. San Francisco regularly tops the list of most expensive real estate markets in the US.
Now, if you think about it for a second, this actually means that it’s entirely contradictory to be a NIMBY and, at the same time, an advocate for affordable housing. The two are at odds with each other. Do you want an exclusive city with only enough housing for rich tech moguls? Or do you want an inclusive city with enough new housing supply for the middle class?
When asked, I’m sure many liberals would choose the latter of those 2 scenarios. But in practice, at least in San Francisco, it would appear that many are opting for the former. And it’s happening because residents want their perfect community to remain unchanged. However, in the process, the values that supposedly underpin that community are being threatened.
Which makes me wonder: Is San Francisco so liberal that it’s actually conservative?
Now, if you think about it for a second, this actually means that it’s entirely contradictory to be a NIMBY and, at the same time, an advocate for affordable housing. The two are at odds with each other. Do you want an exclusive city with only enough housing for rich tech moguls? Or do you want an inclusive city with enough new housing supply for the middle class?
When asked, I’m sure many liberals would choose the latter of those 2 scenarios. But in practice, at least in San Francisco, it would appear that many are opting for the former. And it’s happening because residents want their perfect community to remain unchanged. However, in the process, the values that supposedly underpin that community are being threatened.
Which makes me wonder: Is San Francisco so liberal that it’s actually conservative?
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