Perhaps that's a matter more of demographics than of a real-estate boom? Toronto is undergoing a real-estate boom of its own, but much of it seems to be consumed by condominium projects, either conversions from rental or new buildings, which are typically one- or two-bedroom units. If anything, these projects are appealing to people who can benefit from the low interest rates and the low down payments required in Canada (~5% minimum), who would be renters under any other circumstances. It may also account for much of the squeeze on rental properties; while the city is growing, rental properties are stable or shrinking.
The city is also outgrowing the suburbs, which is interesting in and of itself, but that's offtopic.
Marco
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> | The further I get <
> Marco Anglesio | from the things I care about <
> mpa at the-wire.com | The less I care <
> http://www.the-wire.com/~mpa | how much further away I get <
> | --Robert Smith <
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