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CBC: Wealthy Toronto residents don't want neighbours with sub-million-dollar condos
Posted: May 26, 2015 1:53 PM ET
Density Creep Neighborhood Alliance mocked online
A group of Toronto residents worried that a planned midrise development in their neighbourhood probably thought they were on the right track when they dubbed their top concern "density creep."
They probably didn't expect it would be co-opted by Torontonians online, who turned it into a hashtag mocking what they see as the NIMBYism of millionaires.
It all started with a Toronto Star article Monday profiling a group of residents concerned about a four-storey, 80-unit building that has been proposed on Keewatin Avenue, in the Yonge and Eglinton neighbourhood.
"I'm really concerned about my property value going down," Lisa Goodwin told the Star. "Right now all the houses are $1.1 to, say, $2.2 [million] but they're looking at putting in places that are only $500,000."
A group of Toronto residents worried that a planned midrise development in their neighbourhood probably thought they were on the right track when they dubbed their top concern "density creep."
They probably didn't expect it would be co-opted by Torontonians online, who turned it into a hashtag mocking what they see as the NIMBYism of millionaires.
It all started with a Toronto Star article Monday profiling a group of residents concerned about a four-storey, 80-unit building that has been proposed on Keewatin Avenue, in the Yonge and Eglinton neighbourhood.
"I'm really concerned about my property value going down," Lisa Goodwin told the Star. "Right now all the houses are $1.1 to, say, $2.2 [million] but they're looking at putting in places that are only $500,000."
Link: http://www.cbc.ca/news/trending/wealthy-toronto-residents-don-t-want-neighbours-with-sub-million-dollar-condos-1.3087974?cmp=rss