Quote:
Originally Posted by whatnext
I am so glad this kind of density that forumers clamour for is being approved because as we can see it helps sooo much with affordability. Yessir, just a few more of these and the affordability crisis will be licked.
303 1365 Davie Street: $1,498,000
1504e 1365 Davie Street: $2,699,900
1602e 1365 Davie Street: $1,924,900
1701e 1365 Davie Street: $5,350,900
1803w 1180 Broughton Street: $5,850,900 |
Well, which is more affordable, a new car or a used car?
There used to be a time when condos were depreciable assets.
In theory, the majority of condo to condo buyers "move up" so in theory that would free up other smaller condos, but not necessarily 'affordable'. These ones are probably aimed at empty nesters who are downsizing from a house.
But agreed that paying this much to live at that location versus elsewhere is crazy.