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Originally Posted by you&me
I agree, with the difference being that I don't think this is a magic bullet solution others think or hope it will be. If it is, I don't see how it will affect me in any way, so I don't really care.
Admittedly, I'm looking at this through a limited lens... I know a few builders and developers and of those that have tried townhouse projects of the type you'd need to justify redeveloping a random lot in Elbow Park, I don't think they'll all of a sudden be in a rush to try again... The market for that product is very limited, so all of the hand-wringing is likely for naught.
At the end of the day, demand for townhomes is driven by economic compromise and if this change changes those economics and more townhomes get built, it will be a success.
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I think a 12 unit project in Glamorgan on a few lots is way more likely than Elbow Park for a bunch of reasons.