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Old 09-16-2013, 02:05 PM   #1197
Addick
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Join Date: Oct 2006
Location: East London
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Quote:
Originally Posted by CaptainYooh View Post
I don't think such thing can exist other than in an abstract form. Development does not happen only because the city wants it to happen. It supplies housing to support the economic growth.
Much to the contrary, I don't think any municipality that has had long-term success prioritized growth over development; it's unsustainable. At the same point in time, growth will, at times, be required for development.

If there comes a time when the housing market stalls because consumers cannot afford to purchase new homes, the City shouldn't rush to lower the cost of new homes. It first needs to figure out what exactly is wrong with the market or why it won't produce the desired results.
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