Quote:
Originally Posted by Nouvellecosse
But yeah, I think there's a tipping point between when the draw of a downtown from things like prestige, excitement and convenience starts to outweigh the concept of value for money as measured in terms of space (both indoor and outdoor). It would be nice to think we're there already, but I'd say even Toronto and Vancouver have only recently arrived.
It's fairly easy to support mid-range condos, because even if there's only interest from a small percentage of those who can afford them, the mid-range market is large enough that a small percentage is still significant. Much less so for the high end market. But I suppose if it's only a few condos they might just pull it off. |
Yes, I'd be interested in the percentage of high-end units such as this in the building. I can't imagine that they would be putting all their eggs in that basket...
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