“It’s not rocket science.
Demand for medium-density residential, I think the development community would fairly say, there was not a market for it a decade ago.
Single-detached houses still make up the majority of dwellings in London, with 122,265 of them, or 55 per cent, based on the 2021 census figures released Wednesday.
By contrast, new houses have been built at a fairly steady rate during the last five to 10 years, Wallace said.
The increase of remote work amid the pandemic played another role, as the population boomed across the city.
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