Posted Feb 22, 2011, 7:13 PM
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Registered User
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Join Date: Nov 2010
Posts: 748
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"Lamb's newest project, 17 floors, 251 units majority of which are 1 bedroom or bachelors"
Why? With the demographic change that's happening in the City (Baby Boomer's retiring, Gen. X and Y replacing them in the gov't, earning higher incomes, etc...) larger 1 bedrooms and 2 bedrooms will be in greater demand than they are today. Sure 1 bedrooms and bachelors will always be bought by investors, so is that who Lamb is going to target? And it'll just become a glorified apartment building?
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