A single tenant in a Montreal apartment block has halted a multimillion-dollar development project in a standoff that has focused fresh attention on the lack of affordable housing in major Canadian cities.
Bird in a rent controlled bedsit refuses to move without lots of compo. Well, play the system etc. This means 176 “luxury” apartments won’t get built.
So, as housing markets go, this means there won’t be 176 affordable places either. Because 176 richer households won’t be able to move up into hte luxury flats, leaving the less luxury ones for poorer people to move into.
This bird is the reason there are 176 homeless households that is. But, you know, play the game by the rules already set, she’s looking for compo.