Quote:
Originally Posted by Dougler306
I think the slow down is due to location of homes and yes over stock. I wouldn't want to live south or north, not to mention dewdeny west, maybe just because i'm an east ender. But i know of a few people who are putting off buying homes until "The towns" concept goes ahead or even the one out by tower road that Harvard is going to propose.
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It's funny how you get to like what you're used to hey. I for one would never live in the east end. It's tempting - the south east is beautiful with it's newer homes and large green spaces but I'd shoot myself waiting to get over the Arcola Ring Road overpass at rush hour.
The condo development in Harbour Landing is out of control, they're quick to build and high profit. I'm not sure they realize that they're devaluing the area though. Not only are there a million condos to buy, thus reducing their price due to competition, but then less people are tempted to build homes in the neighbourhood due to overcrowding. I think if I were building a home I would be much more inclined to look at an area where there's exclusively single family homes, or at least a much lower percentage of medium density builds.