Quote:
Originally Posted by caltrane74
So Asian People love burning their money in Giant Bonfires, why should I care?
Some rich 18 year old punk from China is gonna live in a Shoebox, why should I care?
What am I missing here?
Who the hell cares about the unit sizes except for the people that buy them. If the units are not good and they don't sell, its the developers problem. Free market economics in full effect. This is how we live here, get use to it.
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There's no need to get racist here. Of whatever demographic, of whatever ethnicity, of whatever nationality: I want these people to bring their money and themselves to Canada.
My objection is to how these residential towers are going half-occupied (harming local retail) and how foreign investment is likely artificially inflating the demand for these residential units, making them unaffordable for a growing number of Canadians.
Part of social mobility and the stability of a large middle class is for Canadians to be able to afford to pariticipate in the real estate market.