Quote:
Originally Posted by 4X4
I can't imagine owning a house in one of these towns. What a crappy situation.
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Imagine owning 3... 2 of which are rent to own with stable (for now) tenants and one is going to be a demo, and sell the lot. (Probably for less than forecast now)
I would consider a 30-50% population decrease when the mine closes.
Forestburg is a unique town and there has been some grassroots support for luring other industries to town, but it might not be enough to sustain the infrastructure. There is talk of large-scale greenhouses...
Challenge 2017: What’s next for forgotten coal towns like Alberta’s Forestburg as plug pulled on industry