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budgebandit

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Tout ce qui a été posté par budgebandit

  1. budgebandit
    This one is worse in person.... what a mess
  2. budgebandit
    January 24, 2023 - cheers to the future
  3. budgebandit
    January 24, 2023
  4. budgebandit
    it's not a coincidence that I posted in this thread ! @Rocco coucou
  5. budgebandit
    Rocco Spaccamuro
  6. budgebandit
    It's so funny (in a sad way) that short chubby buildings block the mountain more than tall skinny ones... but mentioning the latter is blasphemous...
  7. budgebandit
    @Rocco so what's it going to take for you to start posting again?
  8. budgebandit
    Not one pothole...
  9. budgebandit
    https://renx.ca/harrison-street-buy-le-mildore-student-apt-bldg-montreal Building is 99% occupied
  10. budgebandit
    Lenders took a pause in the second half of 2022. Definitely less scoops these days... Hopefully things stabilize in the next 3-4 months
  11. budgebandit
    The tower without the formwork is topped
  12. budgebandit
    Montreal an Alpha- and Miami a Beta+ ! hahah sorry I had to
  13. budgebandit
    agreed!
  14. budgebandit
    The 20-20-20 isn't solely responsible for the slowdown but it is a very significant contributing factor. That's why there was such a rush of projects launched before it came into effect. Development keeps getting more and more taxed - park tax, REM tax, talks of additional development charges to come in the future (similar to Ontario) etc.... and then developers have to respect the 20-20-20. Sprinkle rising interest rates into the mix and it no longer makes financial sense to build (sale price of units or rental rates will never equate to a respectable IRR).
  15. budgebandit
    You are contradicting yourself in the same paragraph. "ce qui fait que les promoteurs lancent ou non un projet c'est la demande" "Toronto s'apprête à connaître un ralentissement de la construction malgré la très forte demande" The second statement is true because the first statement is not. Demand is obviously a huge factor in whether or not a project is viable but it is not necessarily the #1 reason. The 20-20-20 rule has definitely had a negative effect on development. Although not as significant as the rising interest rates, it adds another (unnecessary) obstacle to getting projects off the ground.
  16. budgebandit
    JLP is a great architecture firm. Ca augure bien
  17. budgebandit
    https://en.wikipedia.org/wiki/Delayed_gratification
  18. budgebandit
    @Rocco
  19. budgebandit
    "faliciter" haha oups!
  20. budgebandit
    Fed: BoC:
  21. budgebandit
    i know you're joking but with another 0.5% hike coming next week, the prospects are very bleak for real estate development
  22. budgebandit
    Are they removing the lions???
  23. budgebandit
    Sad times right now
  24. budgebandit
    This article isn't entirely accurate. HQ wants to pick and choose projects that require between 25 - 50 MW and outright refuse projects that require more than 50 MW (with a few exceptions). Projects under 25 MW would still be approved.
  25. budgebandit
    On Brunswick between the Canadian Tire and Reno Depot.
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