Quote:
Originally Posted by 81MC
The cost of supplying and maintain infrastructure to suburban developments is no where near recovered from the developers and home owners.
I’m not sure if it’s been rectified, but there was a time when services would be put in to these neighbourhoods, without having any tax coming in because the developers paid tax on the land value before work, infrastructure and people were moved in. I really hope this has changed, hopefully someone in the biz can school me?
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Well, until someone provides some actual evidence of this, I will remain skeptical. I bought a lot out in the country and will be building a house there this summer. Regarding subsidized services, there are roads leading to the lot, there is electricity, there are ditches on either side of the road, there is trash and recycling pick-up. That's it as far as I am aware of. What other infrastructure is there that isn't being recovered?