Quote:
Originally Posted by MattyC
I'm with you, but in this case, the supply isn't going down, it's going up because of your sentence before. Building up should be lowering the cost because you can fit more people into a smaller space of land.
The market is way overinflated. I pay $100 more per month to rent a 1 room basement suite that's just barely inside Vancouver city limits than I do for the mortgage on my 3 story townhouse in Dalhousie a stones throw from the train station.
I don't see how any start up young person could live in this city.
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I think he was referring to the supply of land and detached housing which is always diminishing.