09-05-2019, 02:32 PM
(09-04-2019, 11:50 PM)Lens Wrote: Is it really "too high for KW" if 90% of the buyers are from the gta, etc. Much like DTK I'm very curious to see what rents will be like here. We need some good data on owner occupants vs shadow market renters.
My personal prediction is that some of these recent condos will end up being not-very-good investments as we'll also have substantial new rental stock coming onto the market at roughly the same time (Drewlo, Market Flats, Arrow 2, 262 Queen, Scott & Weber x2 and possibly Victoria & Margaret). It will be interesting to see where the apartment rental rates settle, and whether the increase in supply will be enough to let some air out of the rental rates.