I think I've mentioned this before but an acquaintance of mine (maybe even friend, I don't know) works for Sencorp, the developer of enHance, and they have been struggling mightily. Multiple people have purchased units there only to sell them later at a loss because they didn't feel secure in the neighborhood. Sales are extremely slow. They have a business model that should have worked. Inexpensive units aimed at first time buyers or young professionals.
This makes a very valid argument against more condos downtown for the time being. People will rent all day long in neighborhoods that are "cool" but maybe a bit "sketchy" momentarily. People will not buy in those locations, for the most part.
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Mr. K the monopoly man
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