Quote:
Originally Posted by CaptainYooh
In Edmonton, builders can purchase all the lots they want from a variety of sources.
|
Are you going to address the fact that you were wrong in saying Edmonton and Calgary are growing at the same rate? Or is that statistic something you disagree with as well, based on... well, apparently, based apparently on the idea that how you perceive things to be must be the truth. Not unlike your claims that there aren't enough lots to go 'round despite the City *and* the builders saying otherwise.
Also, you seem to confuse an oligopoly with a shortage. I agree that since a limited number of interested parties have preferential access to lots, prices go up, but that's not a "shortage", that's more like unspoken collusion. Houses out in the satellite communities are not less expensive because lots here are expensive, houses there are cheaper because people don't want to pay the same price as in the city for an inferior location. Cost of land and building the houses has little to do with the price to buy, it is a question of maximizing profit by selling at the price point where people will buy all your inventory and not seek out other alternatives.