Quote:
Originally Posted by oldschoolcalgary
What your argument fails to address is both population and demand. Comparing Calgary to Three Hills makes no sense. Of course its cheap in 3 Hills: there's no businesses "downtown" and there isn't a large influx of new citizens every month.
without making the city any bigger, but having the same population growth, would increase value in all houses, of which inner city would still be the most expensive.
People don't move to the suburbs to get away from some kind of Dickensian downtown core; they move because its cheaper for the amount of house they get or they simply cannot afford to live inner city.
Once the City begins to end the subsidies to the developers, housing in the 'burbs will be much more expensive - Nenshi has stated that subsidies won't continue if he gets his way.
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Or they have no desire to live (in a pathetic and lifeless) downtown (core). That one is kind of important.
I still like the bridge.