kcantor
Senior Member
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Easy question to answer… No.
Easy question to answer… No.
Minimum design standards are a hot button issue in the industry right now. The main criticism people have of it is that the ugly buildings are National Building Code compliant, and we have a shortage of housing. I'm not sure if it justifies having eyesore buildings in neighborhoods for the next 70 years.
From the looks of the house in the background, it certainly won't be a downgrade.Could be good; could be bad; could be Mama Bear's porridge. I'll wait for the details. If it is a plan somewhat like Dub's recently opened venture then that would be positive.
The "no condo fees" part is interesting - and mildly confusing. Also to play devil's advocate, infill doesn't help affordability - until it does. There is such a pervasive shortage of "missing middle" housing types that the demand for homes somewhere between a mid-rise and a SF detached has artificially inflated prices of townhomes, duplexes, etc. This is just a supply and demand issue, and we will continue seeing more affordable diversified housing units for as long as our construction people can keep up.For the “infill doesn’t help affordability” crowd:
Here’s a brand new, 2 story townhome under 400k in a community 10mins from downtown and close to the river valley + coronation park.
This is the housing choice we need to give young people so they aren’t all forced outside the henday just to buy a non condo for under 500k. (The plethora of duplexes and townhomes of varying sizes and price ranges in the suburbs are what become many people’s first purchase into the market). The lack of this housing type centrally has hurt us. Would love to see more be sold as well vs all being PBR (I think CMHC funding makes that attractive to developers?)
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Yeah, that’s what I’m saying, more of these are rentals because I think they qualify for CHMC financing? So builders can more easily do this format vs SFHs for sale they can’t get cmhc support on.These are nice infills but like many of them I've noticed, the builder is only selling them as a package, not individual units.
For someone looking to get into the market and be more central, these would be great but it appears many will only be available for investors/renting.
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I don't think anyone was on the fence about voting for PACE.So in other words, don't vote for any PACE candidates.
That is a questionable assessment. I will never be able to get on board with this mindset that houses are intrinsically better than apartments and that given similar pricing they deliver higher value.Gives you a lot more than a lot of 3drm apartments can