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Old 09-19-2018, 03:55 PM   #799
zhulander
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It’s very confusing 20% of the units are market housing so will just be resold. So that is at least 500. If you get 2100 units for 600 million than that would be a pretty good value but it’s very unclear if the units listed are mutually exclusive or not.

Best case would be 500 market, 600 affordable, 200 senior, and 1300 other. But they also mention below market purchasable housing which also may or may not be included into the affordable number or not. More detail is required to establish the value. I believe I misread it the first time when I asseumed the 800 was the total number of units.

I don't think you misread, there isn't any real hard numbers in the 2018 draft plan, only stating 600 affordable and 200 senior housing on pg 38. For inclusive housing to be a core legacy of the 2026 games, they really didn't put much details or plans in the report. On Calgary2026.ca is where it states 2600 total housing, with 2000 being a mix of student, Indigenous, affordable, senior. On page 37, this is probably the absolute minimum though from converting athletes village, "The proposed development plan includes 70 affordable housing units, 140 attainable housing units (near market pricing) and 500 market units"



http://www.calgary.ca/_layouts/cocis...edirect=1&sf=1
If you look at the CBEC 2017 study on pg 300, it's 800 student units, 130 attainable, 800 affordable, 400 senior. In 1 year they already cut 200 affordable and 200 senior units.


Not sure if I would take the housing numbers to be too reliable as:

London went from 9000 --> 4000 --> 2800
pg 60: https://www.uel.ac.uk/wwwmedia/uelwe...e-finNov27.pdf


Vancouver went from 'thousands' --> 250 ---> 125
https://www.cbc.ca/news/canada/briti...using-1.882070
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