Quote:
Originally Posted by Jason14h
Housing prices are higher the further you get from the city center? Well that's a new one !
Infrastructure costs may be higher to run a road further (debatable as usually that's a straight line and easy to do) but land cost is exponentially lower.
There's a reason the further you get from Calgary's city center- and every major Canadian city - the cheaper the houses are
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There's a difference between existing houses for sale and building a new house. If the subdivision is in and serviced, fine, but as a means to significantly increase supply, building in the hinterlands isn't viable. That is what I thought you were arguing, so if I missed your point, apologies.
Also, Calgary is one example of a place that is surrounded by land suitable for building, but that doesn't exist in places like Toronto, Lower Mainland, etc. Not comparable.