Westmount Place (50 Westmount N, 9-15 Dietz N, 192-218 Erb W) | 11-25 fl | U/C

[danbrotherston]

https://www.therecord.com/news-story/935...-waterloo/

Coke

I saw that in the Chronicle. It seems like a strange framing. I mean, it’s an interesting and legitimate human interest story, but the primary news is that hundreds or maybe thousands of people will have new places to live as a result of this development.

I think this gives us the explanation however as to why all those other houses have sat empty these last many years — easier than dealing with blowback from demolishing existing, occupied, residential property.

Yeah. And this is the difficulty in some of the comment thread.

I'm allowed to have sympathy and feel bad for the people being displaced without thinking that it's the wrong thing to do.

The fact is, if they weren't displaced by the huge new development, they'd still be displaced eventually by the people who might live in the penthouses, and then there'd be six hundred or so other potential tenants to go displace six hundred or so other people in the city.

I'd love to see more affordable housing planned, and I think it's high time we make that part of the development plans, but that doesn't mean that building a large market rate building isn't still a good thing for the housing market.