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Old 09-01-2020, 03:34 PM   #3516
lazypucker
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I don't understand the need to keep developing new neighbourhoods and build countless multi-dwelling projects in Calgary. Right now with the low oil prices combined with high unemployment rate and negative economic growth - who the F will buy these units? Actually these units will be bought up by "investors," but who the F will rent and live in these units?

Speaking of the NW COP-area development, there is another massive development up the hill by West Springs. https://liveatgateway.com/?gclid=Cjw...xoCvHUQAvD_BwE
Again, the more condo units being built, the further the property values in surrounding areas will be dragged down...
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