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Home Economics Apartment Boom Builds In Toronto In Sign More Are Giving Up On Home Ownership

Apartment Boom Builds In Toronto In Sign More Are Giving Up On Home Ownership

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Apartment boom builds in Toronto in sign more are giving up on home ownership

A new survey out Wednesday points to a massive surge in apartment construction, as inventor demand from pension funds competes with traditional condominiums. Toronto-based Urbanation Inc. says the current development pipeline for units, either under construction or proposed, is up 75 per cent compared to the number of purpose-built units constructed over the past 10 years.…

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