MisterF
Senior Member
I don't believe that investors would be any more hesitant to buy units in a colourful building. The more colourful parts of the city are the most popular. Besides, this is a rental building.It's whatever investors will buy.
I don't believe that investors would be any more hesitant to buy units in a colourful building. The more colourful parts of the city are the most popular. Besides, this is a rental building.It's whatever investors will buy.
So is The Selby though. And it's red!I don't believe that investors would be any more hesitant to buy units in a colourful building. The more colourful parts of the city are the most popular. Besides, this is a rental building.
I don't believe that investors would be any more hesitant to buy units in a colourful building. The more colourful parts of the city are the most popular. Besides, this is a rental building.
The thing is, buyers would pay more for colours and quality. The problem is, the demand in this city is ridiculous to the point that there are many more buyers who are willing to buy crap just to either have a roof over their head, or rent it out to those who need a roof over their head. That combined with the fact the many buyers/renters dont look carefully at the materials being used when searching for their residence.Most people have conservative tastes. If builders knew buyers would pay more for orange buildings, every new development would be orange.
By that same logic, most people would avoid parks, clear days and sunsets, because the colours might cramp these conservative tastes.Most people have conservative tastes. If builders knew buyers would pay more for orange buildings, every new development would be orange.
Many Canadians depend on real estate as an investment, not as much as a home (like Europe). IMO, this is why we don't see much colour. "I'd love an orange kitchen, but we'll have trouble selling it in 2 years when we want to cash in. Lets go with the white cabinets."By that same logic, most people would avoid parks, clear days and sunsets, because the colours might cramp these conservative tastes.
While plausible (depending on individual buyers), I suspect the more colourless stuff is easier and cheaper to produce. So it's likely more a supply than a demand issue.Many Canadians depend on real estate as an investment, not as much as a home (like Europe). IMO, this is why we don't see much colour. "I'd love an orange kitchen, but we'll have trouble selling it in 2 years when we want to cash in. Lets go with the white cabinets."
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr
Mirvish Village by Marcanadian, on Flickr