Who’s leaving the island?
Analysis apparently shows that people choosing to leave the city for the suburbs were mostly already living around its periphery. Central city dwellers are more likely to stay entrenched. There will, of course, be plenty of exceptions – and I don’t agree with the writer of this piece that Villeray, St-Michel or Park Ex are peripheral.
In any case, the pandemic has hastened an exodus from the island as people go further afield seeking their dream house.
Joey 12:52 on 2021-03-18 Permalink
Ah yes, the exodus to the suburbs. Must be why every listing in the Plateau is selling for tens of thousands above asking with no conditions in 10 days…
Blork 15:09 on 2021-03-18 Permalink
Same thing is happening in the suburbs. Who could have expected the pandemic would cause a run on real estate?
Kevin 19:15 on 2021-03-18 Permalink
Joey
How many 3.5s being sold?
JONATHAN 08:18 on 2021-03-20 Permalink
In my opinion the methodology makes it hard to make cross comparison. They looked at and ranked the postal codes as their main point of comparison. So H1Z ranked in their top 30 which is St Michel, in their analysis they then mention VSMPE even though it is only St Michel. It is 150 households of a total population of over 35,000 that moved to the burbs. Meanwhile H3C is ranked just one above St Michel with roughly the same number of households from a population of under 10,000 (this is the code including Griffintown).
They make grandiose claims based on not very robust (?) data. This is significant. I heard the mayor of VSMPE speaking about this article worrying that there is a problem in the borough. Ppl actually base their decisions on this information (house purchases, borough policies, election choices, etc). The media needs to be more critical and investigative. It took me 10 minutes to find proof of your suspicion that VSMPE is not really affected.
I’m not saying this is anything you should be doing. Just pointing out that media is failing all of us.