Quote:
Originally Posted by Migrant_Coconut
Hey, so long as the builders are still building. We want to avoid a slump in construction that leads to more incoming residents fighting over less homes.
The big concern would be if the large developers use this subsidy to keep making overpriced shoeboxes and hoping for a second boom (knowing that the feds will bail them out again) instead of correcting and shifting to family-sized units.
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people can't afford family sized units in the most desirable areas, at least not at first, the average price in decent areas should be around the $1000 - $1100 per sq ft range, and therefore the suite sizes are built according to that and what people can afford.
family sized units are already very low priced in areas that are further from the trains and in the suburbs
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