Quote:
Originally Posted by Spring2008
Why is laneway housing only permissible in a few small areas?
Seems like a great idea here as inner-city demand ramps up, and not every body wants to live in a condo or can afford a million dollar plus detached dwelling. City council is not adapting to the times quick enough. Supply is not keeping up with demand, so affordability will no doubt become an even bigger issue.
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I think as condos increasingly become the preferred vehicle for illicit funds, and that is an unstoppable global phenomenon, I think cities are well positioned to extract further "tribute" from developers. Require a certain number of affordable rental units in every new tower. Poor door or no poor door.
At one time I would have opposed that, but in the post-Swiss Bank Account world there is a new value added to condo developments that cities should be getting their cut of.