199-205 Albert St | 81m | 24 fl | U/C

[mpd618]

Will these towers EVER stop??

Why would you want them to? We need increased density and having more students live closer to campus reduces traffic. It also lowers the rent for the rest of us living in apartment complexes further away from the universities.

Lastly, they lower the rent to student themselves. Over the last decade, student rents increased much faster than inflation which is a sign of lack of supply.

This. And to really funnel growth into dense, urban, central areas, we need to be willing to build a lot of supply. I'm OK with unremarkable supply as long as it is functional as part of the city fabric. (We certainly as a community are mostly OK with unremarkable supply that is suburban and is not part of the city fabric!)