Make the condos the size they were 30 years ago so families can live there healthily and see what happens.
And use actual walls instead of glass facades with kilometers of aging gaskets in the seams.
I can’t afford a house. I need a decent sized 3-bedroom that I can stay for a very long time. This basically means I can’t use almost anything built after the early 90s. And anything glass-and-gasket means significant jumps in maintenance over the long run.
Maybe they should build condos people actually want to live in, instead of shoebox “investment” properties.
Yeah, this is well described by considering the target market is investors and investors have stopped investing due to various factors.
Will this finally bring prices down in the Greater Torhonto Area?
Probably not. Toronto city council is bought and paid for by developers and Dougie loves to interfere when the stars align and they try to do the right thing for once.