The estimate on property tax hikes would take a incredible amount of number crunching but I am glad this gal keeps preaching what my biggest reason for yes is.
Lets say it costs each house $3,000 in increased property taxes over 10 years for olympics.
And lets say that the downtown vacancy subsidizing costs each home $500 this year, $400 next, $300 next and down to 0.
Now lets say no olympics and we save $3,000. With nothing on the horizon, does the downtown vacancy situation not get worse? $500 this year, $700 per house next year, $900 the following year, etc.
The gal on the fan right now who is pushing no talks about how optimistic she is about Calgary's future right now and we don't need the games. What is she optimistic about? Perhaps I am not seeing it.
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