Thread: Burnaby Updates
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  #488  
Old Posted Jun 27, 2015, 1:47 PM
Kisai Kisai is offline
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Join Date: Jun 2014
Location: Burnaby
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Quote:
Originally Posted by Large Cat View Post
Thanks for pointing this one out, I hadn't heard of it! Unfortunately it looks like it's replacing more rental housing, is that correct? I'm starting to sympathize with the folks defending rental housing against teardowns in the Maywood neighbourhood (link). But I still love the addition to the skyline and the added density when towers are built. I can't decide whether I want these towers to go up, all I hope is that they start building more market rental units as well as condos for purchase.
I pay 650$/mo for a Bachelor suite immediately across from this. All the Towers that have gone up in Metrotown are renting for 1500$ (on craigslist) for the same square footage. That is why people are up in arms.

My preference would be for everything down Marlborough Ave be replaced with rental-only towers with units that rent for less than 1000$/mo but that won't happen when these buildings are all being designed as luxury condos.
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