Comment 121682

By RobF (registered) | Posted July 03, 2017 at 21:58:24 in reply to Comment 121680

Hard to say much about trends in vacancies, because for at least a couple of years Greenwin appears to have been inducing tenants to leave and leaving many units vacant as part of what they are doing.

The reality these days is that many young families (often one child) can no longer afford to buy a starter home so they are renting. I wouldn't be surprised if they are now becoming frustrated on that front as well.

Yes that is part of Greenwin's argument, and perhaps that of our planning department, but it doesn't really wash. They aren't taking many 3 bedroom units and converting them in 2 bedrooms units. The lion's share of the shift is to 1 bedroom units.

Comment edited by RobF on 2017-07-03 22:01:00

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