| Comment | > This is a money grab from developers to sell more units for more money and they only care about making it look like it's for the betterment of the city.
It's absolutely a money grab from developers. They own land and want to see a return on their investment. Not claiming they're doing it out of the goodness of their heart!
But getting more people living in the city centre, even as renters, is simply a good outcome. We can get into the specifics about rents etc., and it's not an insignificant, unimportant conversation, but that's detail. I'm talking big picture, it's simply a statement of fact that more people living in the city centre will benefit it.
And I didn't say anything about developers wanting to reduce the cost of property. |
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