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Re: multi-family and density
I think it depends on the area you're buying into. I used to think that there would be too much supply, but look at what's happening in Brentwood with condos. People are going crazy over there, speculation notwithstanding. I think it's because people are finally understanding that there aren't many areas in Metro Vancouver that have easy access to the highway and Skytrain. Plus, I guess the whole Whole Foods effect. I definitely saw a lot more young white couples and families in the area just before I moved out.
If I were in the market for a multi-family unit, the key is to get one in a mature community amongst a sea of detached homes with single family zoning.
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