https://www.youtube.com/watch?v=eJHm03osbHc
No, just unaffordable for most people.
The Horrific Economy of Canada Explained https://www.youtube.com/watch?v=ySxdfdl8gwU
Why are so many buildings going bust? https://www.youtube.com/watch?v=0Ydd6R9vv0c
Why are so many big-city condos sitting empty? https://www.youtube.com/watch?v=xGfFBP7U7pQ
If someone has the money to own an empty condo, that's their problem or benefit. However, unless enough highrises mid-rise & low-rise residential structures are built, there will always be a housing shortage in Canada.
Luxury condos aren't so much of the problem, it's the lack of affordable apartments & condos being built.
