Steel construction is pretty quick compared to reinforced concrete!

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Very true. Quite odd to see such rapid progress (imagine if the One Bloor balcony glazing folks see this thread!) given the prevailing construction types in the city (at least among tall buildings).

When we get our first wood structure in the core, imagine the discussion on the forum!
 
^ I can't wait to see more wood construction in the core. Not only because 6 storey structures will be cool to see but I also feel that a shift to wood structures will herald a shift to thinner development plots, finer grain urbanity and a slight slowing of the condo boom (just enough to control rising prices while still reflecting a demand to live downtown).
 
This stretch of Yonge has so much potential, if severeal street-deadening mistakes are removed. This does the job for one of them. Next, the Starbucks strip mall, with any luck.
 
Reduced construction will raise prices, not lower them.

Again, slight slowdown. Not a market crash or a complete halt to construction. Also, increased construction ≠ reduced prices. If anything, increased construction results in greater prices by increasing demand to live in an area and increasing the value of the land.
 
Again, slight slowdown. Not a market crash or a complete halt to construction. Also, increased construction ≠ reduced prices. If anything, increased construction results in greater prices by increasing demand to live in an area and increasing the value of the land.

Sorry, but that's just not how prices work.
 
Reduced real estate values would make a sizable imprint. Traded commodities would require a more substantial global slowdown. Good possibility less work would kill a lot of the smaller/fly by night competition in the trades and lead to less undercutting for contracts.
 
Today.
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