General Urban Kitchener Updates and Rumours

[jamincan]

Call me a NIMBY, but I'm not really convinced that a lot of these new projects like the TEK Tower are making even a tiny dent in the issue of housing affordability. I can't even comprehend who would consider buying those shoe box units for those prices to the point that I have a bad feeling in the pit of my stomach that we're filling our cities with the real estate equivalent of hyped-up NFTs. I'm not sure a moratorium on development is the right response, but I'm also not sure that loosing the reins is the right response either and the conservative part of me is that it's better to wait and do nothing for the time being than it is to barrel ahead without better understanding of the problem and live with the wrong thing for the rest of our lives.