Quote:
Originally Posted by WhipperSnapper
5-over-1s may be the best for Calgary to maintain affordability and provide housing for the rapid in-migration. A tower will take twice as long to build at higher construction costs.
The investor condo market tanked with the 2018 oil crash. It makes sense that the recovery would begin in the non high rises suburbs via domestic developers and around key investor drivers like the university. The proposals for shitty transit oriented communities by Ontario developers are trickling in. Hopefully, these high rise warehousing divisions never start.
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You have to start somewhere. I understand that intense development around train stations is a relatively new trend but it is picking up steam and that is a good thing. I am sure that quality will improve as the idea of living near a station catches on with more uses and income groups.
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