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Been living in Greater Eastwood for about four years now, crazy how the area has changed and developed so much in that time. Driving around the other afternoon I came across a gorgeous home that caught my eye in a very peculiar way. Traditional spin with a modern flair and what looked to be an additional greenhouse in the backyard from what I could see through the large privacy fence. Has anyone else had the opportunity to see this home on Polk Street near Eddington? What do you think about homes in the area being given new life and the impact on the overall community it has?
With all of the ongoing and forthcoming residential development in downtown, will the additional supply create aditional demand sufficient to raise condo rental values? In other words, if there are thousands of new apartments, won't the additional supply (unless met by demand) cause rental prices on existing condos to drop dramatically? Do you think that the demand will be there? How about the demand for purchasing existing condos in Downtown?