Quote:
Originally Posted by kzt79
Fully agree. It's crazy to think of the absolutely massive difference in my quality of life vs had I been born not too many years later.
It's not clear to me that there's any near term solution short of some kind of massive wartime-level effort to construct new housing, which probably isn't happening.
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Yeah, and yet there’s talk in another thread that some of the Dartmouth residential towers might not get built as planned, in the event of a rental slowdown, because god help us if our vacancy rate were to rise and the average cost of rentals might have to sink back to sane levels.
It’s the disconnect between the business world who control a commodity that people virtually can’t live without, and the actual, palpable need of our people that I can’t get my head around. It feels like maybe there’s a hesitation to invest in a project unless there’s a guaranteed maximum profit margin, even though the money being pulled in today would be unimaginable 10 years ago, even taking inflation into account.
Sorry if I sound a bit frustrated by it all, but I am. It’s not like there are no pathways to correcting the problem, just no participants in positions of power (both private and public) that are willing to tackle it.
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