Quote:
Originally Posted by Cowboy89
SeeGeeWhy: You're correct in your anticipation of demand for condos to an extent, however I think the condo lifestyle is more suited to the singles and the young couples without children. Many new people to Calgary fall under these categories and thus condo demand is up. In a few years however these people will start having chidren and thus will 'want more space.' Take me for instance, as a young professional working downtown I'd love a 900 sq foot condo right next to downtown, however once I have a family that reality won't be optimal for me.
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For sure, I am in the exact same shoes. However, I will not be looking to move to the outskirts of the city when I have a family either.
Unfortunately, that may be our only option considering that all of the schools are moving out along with the suburbs.