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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Absolutely wrong.
It doesn't cost 50 or 100k more to live downtown. You get it back when you sell the house and then some. Only cost is incremental interest.
In fact inner city homes will appreciate faster, I could never afford a home in the burbs.
When it comes to urban planning I can't imagine a more backwards thinking city than Calgary in the past decade.