09-26-2022, 02:41 PM
(09-26-2022, 12:45 PM)jeremyroman Wrote: To be blunt, I resent the position that renters cannot form part of a "real community" and condo owner-occupants are "crazy".
The "local need" is for more housing stock, and many of these developments provide dense new housing near transit, which is aligned with many policy goals. Do I wish homes were marketed more as places to live and less as speculative vehicles? Absolutely. That doesn't diminish the value they have in providing real homes for real people.
That certainly was not something I intended to imply. Renters are very much part of our community in our building, too, and some of them do stay for the long term (and, conversely, some owners move out rather quickly).
What I'm questioning is ac3r's assertion that very few people would buy a new condo to live in. The condo boards have information of wat percentage of residents are owners what percentage are renters; I would be interested in knowing how many people are buying condos to live in.
I very much agree that rental condo units provide places for people to live in, although some of that has been driven by the lack of purpose-built rental housing -- something that is changing now.