A couple of note worthy articles in today's TC.
Four Rental Buildings Condemned. The landlord refuses to perform any upkeep on the buildings, and voila! Let's tear down the buildings and do something different - build luxury condos!
Unbuilt Building Condemned. Well, not quite. The Wing condo project in Vic West continues to be an eyesore, yet the local community association doesn't appear to want to do anything about it. I don't get the statement from Diane Carr "... it's not the community's obligation to make up for a bad investment on the part of the investors. That's not our problem." Alright, then forget about offers from developers who want to do something with that mess, and enjoy your eyesore!
I think that Victoria is being overbuilt at this time, however, I would sooner have a building, that perhaps doesn't please everyone, than an eyesore empty concrete-laden lot. My $0.02.