Living Together: Do Social Housing Projects Affect The Condominium Real Estate Market In Ottawa’s Downtown Neighbourhoods?

The general aim of this posting is to examine if proximity to social housing projects located in the inner city neighbourhoods of Ottawa comprised of Centretown, Sandy Hill and Lowertown has a potential negative market impact on downtown condominium projects. My analysis here is similar to the objective of my previous blog on Thorncliffe Village where I examined whether or not the close proximity of ownership townhomes to social housing had a negative impact on their resale market performance.

The housing market in Ottawa’s inner city neighbourhoods, as in other large Canadian cities, has experienced quite dramatic changes in terms of its demographics and real estate development trends in recent years. Continue reading

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