Quote:
Originally Posted by lazypucker
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... |
Agreed. I totally get density, but all the wood framed condos popping up in far flung neighborhoods that don't even have transit service? Seems to go against all of the citys plans to become a bustling, european city
