It's not controversial. The reality is that ROI isn't at a level in Hamilton yet to justify the cost of much larger and higher quality condo buildings.
Once the price level is there, we'll see deeper-pocketed developers pushing to enter the market. There will still be middling/mediocre construction, but the city's condo market will have enough diversity of demand to warrant the better stuff as well.
There are *two* sides to the economics of it.
Econ 101 and
102 need to be taken together.
