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By Dylan (registered) | Posted October 28, 2015 at 17:45:51
Why would we need subsidized apartments in a condo building that stands amidst a sea of low income rentals? It will take at least a decade before we have to worry about renters being priced out of Beasley.
The condos that are for sale in the Royal Connaught exceed the price tag for homes in this neighbourhood, in some cases radically.
Making accommodations for those potentially deposed by gentrification should not be at the cost of said gentrification. All developments must be approved for financing. Start putting unreasonable constraints on developers that cut into their projected profits and they don't get financing, and there is no project.
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