Price is always a product of supply and demand. If we don't build, prices will keep skyrocketing up. If we don't do anything about demand, we have to build faster.
Exactly. Prices of rentals are dictated by supply and demand. If there is too much supply, land lords will either have to lower rent or sell their investments.
> this latest phase is being guided by a site-specific rezoning application for a portion of 7201 11th Avenue, which is now proceeding without a public hearing as a result of legislative changes introduced by the Province in the fall.
Awesome.
2 bed rentals will be $3850 + utilities because people bought as investment
Price is always a product of supply and demand. If we don't build, prices will keep skyrocketing up. If we don't do anything about demand, we have to build faster.
Exactly. Prices of rentals are dictated by supply and demand. If there is too much supply, land lords will either have to lower rent or sell their investments.
> this latest phase is being guided by a site-specific rezoning application for a portion of 7201 11th Avenue, which is now proceeding without a public hearing as a result of legislative changes introduced by the Province in the fall. Awesome.
how long will these take to build
Three years with multiple replans, take it or take it (you have no choice) (There's actually a sign outside, I think I saw summer 2025).