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>that same land will be given to another generic developer (Concord/Tridel/whatever) and they'll just do more of same Pre-COVID I'd likely agree with you, howe
by cmdshiftf4 6y ago
>that same land will be given to another generic developer (Concord/Tridel/whatever) and they'll just do more of same
Pre-COVID I'd likely agree with you, however due the new realities of COVID I believe the future of cities has drastically changed.
I personally don't believe Toronto will recover from COVID to anywhere near the state it held at the end of 2019 and therefore further expansion/housing/real estate development will likely look drastically different.
>Toronto is a fairly conservative place, so it makes sense.
Compared with where? And why would you believe that to be the case?
My own interpretation, having lived there for years, is that the appetite for further infrastructure development has been strangled from Torontonians via very high costs of living, low wages compared to similar cities and high direct & indirect taxes.