Sunday, September 20, 2020

Townhouses: growing segment of London market

 















Townhouses were somewhat rare when I was young. When friends bought a townhouse/condo back in the early '70s in a community north of Toronto, it was considered a unique development. Not today.  

As I recall, my friends moved into their townhouse/condo in the '70s because of the pressure of fast climbing housing costs. The couple saw the townhouse/condo as an entry point into the housing market that they could afford. My gut feeling is that the high cost of housing is behind the growing popularity of this type of housing.

That said, ease of upkeep and an accurate way to estimate total housing costs probably enter into the equation as well.

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