General University Area Updates and Rumours

[danbrotherston]

There is no way to track such units. But not many people would want to keep units empty: you still need to pay the mortgage, pay the condo fees, pay the insurance and pay the property taxes.  Definitely not profitable.

Certainly this is the case for rental condos (which is what nms mentioned), but I do think there is a potential for a loss of rental units from the market in things like converted basements, or second rooms.  I doubt it's happened yet, because the market and prices are still strong but it could happen eventually.