[mhays]

Vancouver's zoning also calls for slender towers if I recall. I don't know their stair rules. Of course Vancouver is astronomically expensive and, while that's partially about offshore money, the expense of building towers has to play a part.

Condo financing will follow condo prices. When prices are high enough someone will loan money. And there's a huge difference between a developer with a lot of equity that can finance the rest without presales, vs. someone who needs presales to get financing....the latter will have to wait until buyers (and they themselves) trust presales to mean something. The former have a big advantage in that they can build at today's prices but sell at tomorrow's prices.