Quote:
Originally Posted by CaptainYooh
Hell, yeah.
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Quote:
Originally Posted by PsYcNeT
Example?
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Quote:
Originally Posted by CaptainYooh
1988-89, 1993-94, 2008.
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Quote:
Originally Posted by CaptainYooh
1988-89 were the horror years (post O&Y), when everything just stopped cold. 1993-94 was when major developers in Calgary cut lot output production almost 90%. 2008 - is still very fresh in the memory – when major city builders started to walk away from their lot purchase commitments. Only the massive federal capital infusions on both sides of the border have helped a reasonably quick recovery and prevented a deep depression-type crisis.
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I think what PsYcNeT was getting at here is if there has ever been a development stoppage due to the city not having the land available for greenfield development.
Correct?