09-21-2018, 06:34 PM
(09-21-2018, 06:05 PM)Spokes Wrote:(09-21-2018, 02:40 PM)tomh009 Wrote: Not all investors, there will be owners living there too. And many investors are individual people buying single units to rent out.
We need more rental housing to calm down the investor condo frenzy.
I thought I saw somewhere that Waterloo Region has the lowest vacancy rate for rentals in the province. Or country .
We do. We really needs those units coming online, and the one Drewlo is doing in DTK isn't going to be enough. But I also suppose the low vacancy rate is driving these investors to buy up these units.