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Originally Posted by JiriHrdina
Part of the problem is that Calgary has very few communities where you can walk to everything (including work) and are also suitable for families.
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What defines being "suitable for families"? I think it's a myth that so many people have themselves convinced that they need to buy a single family detached home in the suburbs once they have children. In my Beltline condo, there are two families each with one or more children. I'm good friends with a couple who live in Lower Mount Royal who are currently pregnant, and they have no plans to leave the downtown area once their child is born. There are two schools (each with a playground) and several other parks within a very short walking distance from my home.
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So even though you are saving money on your vehicles expenses - your housing expenses are through the roof.
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I don't think that's true. My total monthly housing expenses (mortgage, property tax, condo fees, heat, water, and electricity) is about $2,200. I think that number compares very favourably to what I'd be paying for a typical $300-350k Calgary starter home in the suburbs.