Quote:
Originally Posted by LRTfan
Torontonians are NOT driving up Hamilton's real estate prices.
Hamilton City Hall is by constantly turning down urban housing projects.
|
Torontonians are certainly contributing, and other real estate refugees, albeit they're not the only cause. Toronto is hyper-gentrifying, so it's inevitable that all Golden Horseshoe communities will see spillover. Here it comes. So far, the pace and projects are decent. Could be better but not bad.
While I want TV City to happen as planned, its being declined isn't exactly contributing to a housing crisis. It's just now condos are much more attractive because of their cost compared to single-detached homes. And the downtown lifestyle is exponentially superior to what it was even five years ago.