Quote:
Originally Posted by stampsx2
Ya except suburban home insurance went up the very next year and they weren't affected by the flood, but we pay it. The city's also using property tax to fund the east village and a $300 million inner city library but i'll stop there as i don't want to derail the thread.
|
Ya, I think we should go to the many latte/yop gobbler threads.
Keep in mind there is arguments on both sides. $300 million library or massive interchange at 22x. You may never use that library (and frankly I probably won't either), but I will never use the 22x interchange, or the $5 billion ring road, or the airport tunnel, etc.
My point as originally made is that many of us flood victims would pay MORE if it meant getting service/upgrades to the key areas we need to make sure our houses don't flood. This isn't a case that we want fancy new roads, or new sidewalks, or a new community pool on the suburban dime. We just want to city to honor their responsibility they made (albeit 100 years ago) to properly service their communities.
I'll end it right there, this is actually a thread on real estate predictions not even property taxes, let alone flood mitigation. I just want to make it clear that we flood folks by and large would pay more tax than others in Calgary if it meant we go a guaranteed return. As it stands now we (at least on the north Bow side) are getting very little except ridiculous evaluations.