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Originally Posted by WhipperSnapper
First off, detached housing is not the most expensive housing type. Views are undeniably the main feature for the lifestyle of living high up in luxury. You also inferred that people buying single family homes don't care that much about views so that same rationale should be applied to high rises suggesting that views aren't a big deal at all in quality of life.
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Umm, yes detached houses are most certainly the most expensive housing type. And quite significantly so. I'm not talking about the price to size ratio or the construction costs but rather the average
purchase price. Sure people are getting more space for their money, but they also tend to get a less convenient location and, as discussed, worse views. Which is exactly the point. People who can afford to pay the highest average prices often place a higher priority on other features.
And i have no idea what purpose there was in saying, "Views are undeniably the main feature for the lifestyle of living high up in luxury" because we're talking highrises in general, not luxury highrises. Most highrise condo units being built in Canada are not luxury, regardless of how they want to market themselves. It's true that in some cities (mostly US and Australia) pretty much all the highrises are high end, but that's never been the case in Toronto and has become even less the case during the current boom. But regardless, a place isn't unlivable just because it lacks a "luxury lifestyle" feature.
Quote:
Originally Posted by WhipperSnapper
People are forced into shoebox 30 plus storey high rises with 10 units per floor because that's what the private equity behind the developers support. A 350 square foot unit on the 30th floor is about $500,000. It's absurd that a 350 square detached house on a slab can't be built for the same amount outside of the central cores.
South America is the epicenter of high rise living. They have their share of people warehouses. They tend to be widesuites like the slabs of the modernist era than these bowling alleys on squarish 750 square metre plates that dominate Toronto's new housing market. The middle class high rises have one to three suites per floor with semi-private elevators and a separate service elevator. They are twenty storeys or less.
There is nothing wrong with high capacity people warehouses being built near transit nodes. The problem with Toronto is the sheer dominance of high capacity people warehouses being proposed to meet the city's future housing needs. They're taller and closer spaced than the housing projects in China. It's fucking insanity to think that everything about these from the 10+ plus FAR densities in the middle of nowhere except for a nearby rail station consisting of narrow shoeboxes will maintain Toronto's attractiveness. Unlike low rise wood framed, these units are not adaptable. They will remain the benchmark for the real estate market's housing standard and pricing in perpetuity.
Your opinion remains to find solutions to house the rapid population growth affordability within the existing urban area. I say that's a delusion and say Canada should strive higher than be a competitively low wage version of Mexico for the US.
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I'd say it's delusional to say that it's delusional. Because most major cities in the world anywhere near Toronto's stature - including in fully developed countries - are denser than Toronto. The only major exceptions are generally in North America and Australia. But even in NA we have the counter example of NYC which has several times the density. The only thing that makes infill density infeasible is the politics. Not that I want the city to be as dense as NYC, Paris or HK, but 50% would be a decent long term threshold and we're even far off of that. NYC is not a discount version of Mexico despite having a huge percentage of homes being in multi-unit structures including countless residential highrises. Yet the city is still desirable.
But yes we completely agree that the average unit should be larger and should be more affordable. And it's obviously possible since apartments were larger on average for most of the city's history. The only thing we disagree on is the blanket statement maligning of highrises are being somehow bad for people. Regardless of one's personal tastes, the data just doesn't support that.