Well, I'd say demographics are part of it:
those big city condos suit retiring boomers, and also suit the twentysomethings (the latter of which have been growing in numbers over the past few years) so there is some natural growth that comes from that.
Not exact matches
In Canada's
biggest cities,
condos were the source of new rental units for a long time.
Below are three of the coolest
condos planned for Canada's
biggest city, all of which could begin construction within the next year.
Onerous municipal regulations for residential development are reducing the supply of new homes (houses,
condos, townhouses, etc.) in Canada's
biggest cities and contributing to rising home prices, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian policy think - tank.
Texas is almost its own country, very large and diverse, and Texans mortgage every kind of property imaginable, from ranch homes on
big tracts of land to high - rise
condos in busy
cities.
You want to look at what exercise and enrichment you can provide in either your apartment or
condo or if you are
city living versus something a little bit
bigger, If you don't have a yard, where am I going to walk this dog?
In brief: A new
condo - style resort development boasting deluxe two - to four - bedroom units
bigger than most
city apartments.
Perfect for the basements of large
condos or parked near a
big city market, Zohar's commercial fish farms solve a number of problems.
Some retirement analysts have identified a trend of suburban retirees moving out of their
big empty nests into
condos and apartments in the central
city or suburban town centers offering them an array of services in compact, walkable neighborhoods.
Credit the concentration of
condos in expensive coastal areas and a spate of luxury
condo construction and conversion in
cities big and small.
«Ontario's scarce rental housing supply combined with escalating house and
condo prices have created a housing crisis in our
biggest cities,» says Jim Murphy, president of FRPO.
In the center of the
city, there are more studio apartments, including brand new
condos with
big windows.