Quote:
Originally Posted by acottawa
My point is there are no buildings of this size in the "decent and affordable" category.
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"Affordable" for whom?
If there are high-end rental units coming onto the market, it means the people who can afford them will move there. It frees up units for renters at the lower end of the affordability scale.
This is just one development, though. It shouldn't be expected to cure all rental issues from every angle for everyone.
We do need more affordable multi-units in the city, and for families too. The pressure in the rental market is for smaller units though... bachelors and one bedrooms. More rental units are needed, period.
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