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Old Posted Jan 29, 2023, 10:29 PM
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BlackDog204 BlackDog204 is offline
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Quote:
Originally Posted by esquire View Post
Only a decade? You are an optimist!

Hamilton is only an hour away from Toronto and benefits from that greatly... they are likely getting spillover from people interested in a downtown lifestyle but can't afford inflated Toronto prices. Even if it's just a few hundred people a year, when combined with demand within Hamilton itself, then that's enough to get some towers going. Winnipeg doesn't have that added spark.
That is only if we are talking about the Hamilton CMA. The City of Hamilton has been stagnant in population growth for decades. All the growth seems to be happening in the large suburb of Burlington, which is much closer to the GTA, and separated with Hamilton by the harbour.

The benefits of being in close proximity to Toronto are somewhat exaggerated. It's too far of a distance away. Realistically, any new towers are far more likely going to be built in Burlington, Oshawa, Mississauga, or Oakville.
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