Quote:
Originally Posted by burn_this_city
Once they sober up they'll realize it wasnt worth the extra $50-100k to live downtown so they can get drunk on friday and saturday.
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Define worth.
The extra $50-$100K gives them the lifestyle they want and a property in an area that will be of higher demand and higher value moving forward. The extra money put into it, is usually outperformed by the higher profits/investment they get out of it on the sale end.
But, to each their own. I'm not trying to preach that everyone should live DT, and it's kind of off topic anyhow. Just saying, the city's wide footprint and inconvenient cabs/transit are highly related.
Quote:
Originally Posted by MJM
Your opinion that young professionals live in the burb is not correct, it's just based on a couple people you know. I work at a large firm downtown whose work force is likely 70% in the age of 23-30 (hundreds of people). I am also responsible for a lot for the recruiting activities for the firm. I can count in one hand the amount of people in that group that live anywhere past the university in the north or past Chinook mall in the South.
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We're arguing your opinion vs mine based on each others experience; Kind of pointless.
My opinion is based on much more than a couple of people I know, it would be hundreds of people I know and demographic research I have done for work; but lets agree to disagree.
And I don't disagree with you on needing more cabs either. I think a combo of more urban density, more cabs, better transit (and later running) are all needed to alleviate the issues.