The baby boomer is so automobile dependent because they needed it to socialize. Today youth does not need a car to get a date. Everything is done on their iPhones. It’s just a completely different culture. We’re really trying to tie that into our product design. Is youth going to be as competitive with the jewelry of home ownership as their parents were? I don’t think they are. …
When we sold out Marine Gateway in March, 414 units sold in a day. It was on the Canada Line. Twenty per cent of the product didn’t have parking. I actually phone the city manager and I said, “Screw the planning department, and screw the community groups. The consumer has spoken. They want to live on transit, and they’ll buy without parking.” I think that our elected officials need to hear what’s really going on.
- Bob RennieQuote: Bob Rennie on new patterns in home ownership « Price Tags
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