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Old 04-01-2012, 12:36 AM   #2338
oldschoolcalgary
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Quote:
Originally Posted by 4X4 View Post
Without the suburbs, your property value decreases. Go check property values of houses that are 5 minutes away from downtown Three Hills.
without the suburbs, inner city prices would go up.

If there is a moratorium on development, then the only properties available have already been defined by existing inventory.

The City recognizes there is an issue with the suburbs; that is why Nenshi took the steps to try ending the subsidies to developers and forcing the burden back to them instead of the broader tax base....this added an additional 8000 per home (paid by the buyer of course) to support the infrastructure they are creating.

again, the solution is simple: An apportioned tax. If you really believe that suburbs pay for inner city residents, this ought to be a no brainer.
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