The most glaring oversight of the industry and city officials is the lack of family-sized units. Finding apartments with enough bedrooms can be difficult, if not impossible. Indeed, the trend is to smaller and smaller units.
Historically, middle-class Canadians have disapproved of families living in highrises, unless, of course, they are poor. That, too, has started to change. The flight to the suburbs that traditionally occurs when couples have kids has slowed and more families are opting to stay downtown.
Thus the condo builders' focus on young professionals and empty-nesters no longer reflects reality.
In other words, the condo industry is struggling to keep up with a market whose demands grow ever more sophisticated. In light of developers' deep-seated conservatism, this should be expected. What it means is that the city must adopt a more proactive stance, encouraging appropriate built form with tax and density incentives.
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