Quote:
Originally Posted by RougeUnderoos
How much would they save? Take a "new middle class" family. Two kids, maybe a dog. Probably want 3 bedrooms, 2 bathrooms. How much would a condo or a townhouse with all that, within 20 minutes of downtown, cost in Calgary?
It wouldn't be any cheaper than a house in the suburbs, if you could even find one. In other words, they wouldn't save any money.
I'm sure there are lots of people out there with kids who would be happy with a set-up like that, but it's too expensive. There are probably lots of bad reasons that it is too expensive, but the bottom line is that it is.
EDIT: You know what? I looked. There are a few of them in the 300 grand range. Shows what I know. But there are very few of them. The best deals look to be had in Bowness.
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The reason there is so little available has nothing to do with cost. It's the fact that we as a society have still not let go of the idea that the middle class we were sold on is a crock, and non-existent in (a sustainable) reality.