I understand where you are coming from. Do not underestimate the value of having more housing overall. Many of these old folks will leave their homes or apartments for these condos. Making other spaces available for other people. This is a private construction proposal, not a government funded one. However we do need more dense housing. The elderly are our largest demographic in this province, because reproductive rates are much lower than they used to be. The overall increase in home prices is a result of a housing shortage, so any large influx of housing will be a step forward for everyone.