Quote:
Originally Posted by CaptainYooh
See, this is where you are so wrong. There will be less options in Calgary. New homebuyers, especially young families, will be choosing between a studio, one-bedroom and two-bedroom, if they wish to remain in the City. Affordable new single-family homes will only be available outside at some point.
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Nonsense.
Up until recently, more than 100% of Calgary's growth was in new communities. Meaning that the inner city was (and may still be) losing families. The current economics, where the new communities are subsidized, takes away locations closer to downtown as a viable option for young families within a certain income range.
You have the cart before the horse. Young families choosing new communities isn't a reason to subsidize new communities, but rather a result (partially) of those subsidies. This result then costs the city money, because whereas families in the inner city can make use of the parks, schools, libraries, and rec centres that the city already has, families in the new communities require new infrastructure to be built. And then overall affordability goes down further.