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Old 05-11-2017, 07:04 PM   #6
GreatWhiteEbola
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Join Date: Aug 2006
Location: Calgary, Alberta
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Originally Posted by 4X4 View Post
I can't imagine owning a house in one of these towns. What a crappy situation.
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
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Last edited by GreatWhiteEbola; 05-11-2017 at 07:08 PM.
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