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By Locke (registered) | Posted March 19, 2007 at 14:38:32
I thought it was pretty sloppy work to report a decline in the Ainslie Wood neighbourhood which doesn't correspond with anyone's experience. I suspect either Jason is right, most of those students didn't bother with the census, or (perhaps more likely) the census records their permament residence as their home address in some suburb.
Either way, chat with folks in the Ainslie Wood/Westdale neighbourhoods and many will tell you that they see a lot of student-conversions back on the market after a few years of profit taking. Remember the double-cohort caused by the elimination of the OAC/Grade 13 year? The strain of that is starting to lessen.
Add to this, new on-campus residence buildings and off-campus student multi-residential developments coming on line and expect to see more and more 6 bedroom student-conversions flooding the market. Expect to see some affordable housing for young families (HWDSB, are you listening?).
Finally, if the McMaster Innovation Park can ever get a firm commitment from the federal conservative government, 1000 scientists are going to need some place to live. I hope they find the Ainslie Wood neighbourhood an affordable and desireable place to buy -- just a short bike ride away over the planned CPR bike route?
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