Your clients idea of more compact homes are not the micro suites in the towers Danny is referring to, believe me. I fully support the kind of "compact" homes you are building for your clients.
Exactly. These are not long term homes. They are for a certain time in life and then people need to move on as they grow. We need some of that, but not the amount which is being built. People need space and if they don't get it, they will move further out.
Do you not think that 1 bed demand will be met with the many thousands of units in the works right now? Do we really need to be planning for so many more?
As a guy currently looking to rent a studio in Vancouver, lemme tell ya we need way more of them so rents go down more. We are not anywhere close to the point where demand is being met
There’s a lot of latent demand from people living with roommates or family or in the plethora of crappy basements, on top of the incremental pop growth.
Yes, we are ignoring this vital need and instead building so much which is not designed for long term family living. We need the full range. How do we make policy which helps create that?
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There are lots of different ways to live at different times in our lives.
There is actually a lot of demand for 1br.
At the same time, for years, if you wanted something bigger we only allowed an option to purchase a large property and house.