urbanexplorer
Active Member
Sorry if thats the vibeVery "as per my last email" vibes, lol
![Man shrugging :man_shrugging: 🤷♂️](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f937-2642.png)
Sorry if thats the vibeVery "as per my last email" vibes, lol
Yes, because the damn HR Jessica chose not to understand the first time LOLVery "as per my last email" vibes, lol
Well, if there's a thing...yeah, I agree fully and wholeheartedly.It's as Gehry as possible, under the circumstances.
Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.
Actually I would consider that relatively cheap. The cheapest unit at Concord Sky (~330 sf) is advertised as starting at the 800’s (plus ~200k for parking and ~20k for locker!)Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.
Yea this seems more than reasonable especially for a development like this. I'm very surprised.Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.
A lot cheaper than any house, semi, or townhouse in the City... and this is a centre ice location. Not sure why people whine about new sub-$1-million homes beside jobs, restaurants, transit, parks, etc. in the heart of our country's main city. This is a lot more housing than is on site right now (none).Apparently the starting price is $800k.... Talk about unaffordable, even when there are 3500+ units in this development.
But how are normal people expected to save up 160k plus closing costs on top of their living expenses, when 25% of the working population are making less than 70k a year?Actually I would consider that relatively cheap. The cheapest unit at Concord Sky (~330 sf) is advertised as starting at the 800’s (plus ~200k for parking and ~20k for locker!)
I agree that this is an issue. I don't know what the answer is. Might involve subsidy, co-ops, affordable housing development, renting, creating so much supply that rents and sale prices fall or at least stabilize against incomes, etc. Not sure honestly.But how are normal people expected to save up 160k plus closing costs on top of their living expenses, when 25% of the working population are making less than 70k a year?
I mean let's call a spade a spade. This is going to be a prestige project for upper income earners only. It's not going to do a thing about housing affordability.I think some of you are way out of touch, especially since that's a starting price for what I'm guessing will be studio units. $800k is far from accessible for a large portion of the population, especially those just trying to get into the market without any previous equity or financial help from the bank of mom & dad.
Don't think anyone is arguing that the prices are just or accessible, but rather that they are pretty standard and excepted. Unfortunately developments of this caliber aren't designed to be accessible to the general population or for those just getting into the market.I think some of you are way out of touch, especially since that's a starting price for what I'm guessing will be studio units. $800k is far from accessible for a large portion of the population, especially those just trying to get into the market without any previous equity or financial help from the bank of mom & dad.