04-04-2021, 07:52 PM
Personally know someone who had a hard time in the last 2 months securing an apartment (2bdrm with a roommate situation) and somewhat on a budget, by K-W's prices today. Still paying over $1700. Had to get something on fringe downtown, possibly not considered downtown and not a highrise style. So I would say the demand remains strong, and at worse there will be a marginal downward pressure on rent prices (more likely plateau)...or not if people are coming with GTA prices in mind.
I also don't think the 'not in close spaces/shared elevators' notion will has AS MUCH an impact one may have originally thought when the pandemic was at it's start (mid flight at that time).
Mind you of semis, towns, detached and condos, condos have increased the least in purchase price year over year. That being said I'm see GTA money (re super high sell price) coming in here, condition free, 100k over asking blindly...
I also don't think the 'not in close spaces/shared elevators' notion will has AS MUCH an impact one may have originally thought when the pandemic was at it's start (mid flight at that time).
Mind you of semis, towns, detached and condos, condos have increased the least in purchase price year over year. That being said I'm see GTA money (re super high sell price) coming in here, condition free, 100k over asking blindly...