[Hehe]

Originally Posted by UFO

Vancouver as we know it is not equipped to accommodate a high density population. Then mentality of home owners need to change, and it is, albeit slowly. People want to own houses with backyards and garages that they themselves grew up in. This does not work with the concept of increasing density, and that is where the limited land argument is fully valid--its dependent on what home owners are willing or wanting to own. BUT

we see all the new towers going up, especially around major transportation hubs (which is the way to do it) and we have people complaining that there are TOO many towers going up, Vancouver has no real economy to support all of the units, blah blah blah. So what is it, do we want to grow to become a bigger city and develop an economy, or do we not? It has to be one or the other, and the last time I checked economies don't spring up overnight nor does population density. It's very much a process of growth that we are going through right now, and there will likely be some growing pains. It likely won't even come to fruition in our generation, but the next generation things will look vastly different in Vancouver
?

The rise of all those towers is not by choice. The consumers didn't simply shift their preference of housing from detached to condos... they did it because the inflated price in Vancouver made owning a detached house impossible for younger generations. And condos are all they could afford given their preference of area.