Quote:
Originally Posted by MacDaddy77
He already said he would spend it however the spend would be outside the calgary economy.
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I didn't see that while I was writing but my response would be to call balderdash... he's gonna say he knows with perfect clarity what he would spend hypothetical money on? Sure. He would almost certainly spend the money local v. non-local in roughly the same % that he does now.
Quote:
Originally Posted by Travis Munroe
The vacancy in vic park and ev is beyond gross right now. A new arena announcement most likely sees that vacancy disappear before the arena is even built.
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Sigh... you don't need an arena to build residential. Period. If you could build residential in the EV with an arena then you could build residential in the EV without an arena. An arena doesn't affect market need for residential.