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Old 01-24-2022, 02:07 PM   #1026
accord1999
Powerplay Quarterback
 
Join Date: Aug 2010
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Quote:
Originally Posted by blankall View Post
Once again, I'll point to Montreal as the model of how to do things properly. Montreal has a variety of well built 3 bedroom townhouses close to the city centre that sell for $700k-1.2 million, and those are extremely popular with families.
But isn't that the problem, even in Montreal which has had a relatively mild real estate boom the price of such homes are still way above what the local median household can afford (or should spend).

Quote:
IMO people are only moving away from the city centres, because they absolutely have to.
In a ideal world, people would have a large home near where they work and amenities, and a large estate in the country when they don't need to be in the city. But given financial limits, once motorized transportation (and especially cars) became available for day-to-day trips, people prioritized space/$. Hence most city cores in the NE and Midwest US and parts of western Europe being no bigger and often lower in population than they were 50-100 years ago.
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