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Old Posted Nov 28, 2018, 2:36 AM
ars ars is offline
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Join Date: Feb 2013
Location: Ottawa
Posts: 473
Quote:
Originally Posted by acottawa View Post
Development of taller buildings in this city happens very slowly. There just isn’t that much demand. There is a condo glut right now, so there are lots of projects in the planning phase but very few shovels going into the ground on new projects. Trinity’s development (if it isn’t vapourware) would probably absorb the capacity in the area for a decade.
Maybe a few years ago, don't think that's true anymore:

https://obj.ca/article/ottawa-condo-market-poised-change-dramatically

I personally know several people who had trouble finding rental units the past few months.
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