Quote:
Originally Posted by peter12
Yeah, rents are awful. Commutes are awful. There is a bit of a talent dearth in the city that results from all of this. There is a phenomenon in this city that I call "hot girl with nice little dog." People are almost entirely single. You do not see many children in the inner-city neighbourhoods. It is a lifestyle city, and a darn nice one, but it does not have long-term prospects.
Again, it's not a NYC or a London or a Singapore or a San Francisco as there is no significant industry that will keep attracting a high turnover of young, talented people.
It's a one-stop shop for luxury living, and that can only go on for so long.
But hey, let's build more condos.
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if your population is nice girl with a dog then you should build more condos.
the long-term prospect could be, it's a city for single people and certain posh single people will move there. Like Lower Manhattan.