Quote:
Originally Posted by dat_steve
yeah but if you like it, so will hundreds of others, and what do you think that will do in terms of competition? if anything we could see an adverse effect in terms of affordability especially for the sub $750k condo/townhouse market.
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Yep.
That's the whole point - to keep construction and the real estate industries going. This will also encourage developers and municipalities to build and approve more supply.