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By Kiely (registered) | Posted April 01, 2010 at 11:34:03
"There is a way to bring down the entry price for the urban housing market: build more of it. Hey, we could start now! :)" - Ryan
Absolutely, you will have to have excess properties available in order to accommodate the shifting demographic otherwise there will be a housing shortage and that is not going to lower prices. But will anyone build it if they don't see demand??? That is going to be something that will need to be addressed. The current situation with the Connaught demonstrates many developers will not build until demand is there… or millions of dollars in government money.
"Of course, there are plenty of things we can do to transform our suburban built environment to make it more livable..." - Ryan
In my opinion, this is going to have to be part of the equation.
Thanks for the link Ryan, I will have to read that series of articles on making suburbs more livable. I have seen some efforts toward this goal firsthand during my travels but would like to read more about it.
Someday I'm going to have to read that guide to comment formatting... : )
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