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

[Lens]

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.

That was somewhat of a rhetorical question. But to address your point, we haven't seen rents lowered much if at all across the region and we already have an oversupply in the Uni area. The rents SHOULD be coming down but they aren't yet, but maybe after all the proposed stuff gets completed we'll see a shift.