06-21-2015, 05:30 PM
(06-21-2015, 03:55 PM)plam Wrote: That op-ed is mostly reasonable. The author is the editor-in-chief of Maclean's (but not the Record) and has also written at length against the LRT. I guess one isn't wrong all the time. I do disagree with his claim that it's easy to repurpose 5br apartments as family homes though. It's doable, but not that easy...Indeed, conversion of the 5-bedrooms is quite unlikely. However, you never know what happens in a 30-year timespan. They won't be converting if they stay at $550/bed/month. I expect that it's the 1/2/3-bedroom units in the newer towers that are more likely to be rented by non-students.