Chard sees pivot to rental as a permanent shift in Vancouver
Vancouver-based Chard Development now sees purpose-built rental development as essential to its portfolio and not a temporary response to a challenging condo pre-sale market.
Vancouver-based Chard Development now sees purpose-built rental development as essential to its portfolio and not a temporary response to a challenging condo pre-sale market.
In a slower housing market, developers can revisit assumptions formed when demand was stronger. Design decisions that once prioritized construction speed and density can be subject to greater scrutiny. Back-to-back townhomes might be a good place to start.