Quote:
Originally Posted by Redtruck
The drawing still doesn't make sense to me ... But I guess it doesn't matter.. just wish developers had to stick with their original master plans. How can one be confident buying a place in one of these masterplans when they are constantly changing their plans. And the agrument we need more housing is a never ending problem...These are luxury towers not deisgned for fixing a housing problem. The only ones who really benefit from further densifying is the city and developers....
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Your logic is rather odd.
Just because your think the (housing) problem is,....
"never ending" does that mean we shouldn't nevertheless be trying to solve it, or deal with it?
Car accident deaths from people not wearing seatbelts still occur at very high rates despite seat-belt laws and requirements on both car manufacturers and drivers being instituted several decades ago. By your logic we could argue it's a "never ending problem" despite our best efforts to deal with it and therefore shouldn't bother or put needless pressure on car manufacturers which increases the costs for car buyers and so on and so forth.
Yet we DO know that seat belt laws DO work because after they were introduced, the number of deaths from people not wearing the seat belts during car accidents dropped precipitously.
Do people still forget or neglect wear their seatbelts? Of course they do. We're human.
Hence the reason we still enforce those laws by ticketing drivers without their seatbelts on and any car manufacturers that fall short on their manufacturing safety standards to have proper seat belts available.
By the same vein we're never going to have a situation we live in where there's a ZERO housing problem when we've completely dealt with lack of housing or housing affordability. That ship has sailed several decades ago.
What we now know is that not attempting to deal with the problem has only succeeded in making it worse.
Developers being the business people they are have a desire to make (more) money.
What a shocker! And the cities for their part have a desire to deal with a public problem using all the tools available to them including changing housing policy and zoning laws to take advantage of that desire for more profit and money to add more housing supply that is badly needed as one of the solutions to dealing with - not (totally) "solving" - but just dealing with and getting a grasp on the housing problem.
As a side benefit, the public also gets better and more amenities as part of the change in the amenities (or amenity contributions) required to be provided by those developers as part of their developments or adjacent to them. More and bigger public parks, recreation and community centers, street and public infrastructure - all of which would otherwise require public funds to address (i.e. more tax burden on everyone).
I can't think of a better way for municipal administrations to take advantage of the free market system (developers' desire for a bigger profit margin) to try to help address a public problem using public policy that benefits everyone.
(Which also questions your claim that nobody benefits but the city (by which I'm inferring you meant the administration and not the public itself),.... and the developers.
What about all the people getting access to more affordable housing who couldn't before?
Or even of the ones that could and who live in the condo units, getting better public aminities and parks and neighbourhoods to live in?)
And masterplans change all the time.
And they used to, even long before the current housing laws and density restrictions changed.
To imagine that something that envisions a project seven, ten maybe even 15 years from a full build-out will never get changed or altered in the interregnum, is a little bit naive.
They (the developers) are constantly reacting to changing market conditions and pressures themselves along with their own changing internal priorities, regardless of any change to housing laws or public policy.