Quote:
Originally Posted by Regorium
You seem to think every new house is a second home. Why is that the presumption? What sort of housing stock needs to be developed to prevent it from being attractive as a second property, but attractive to someone that wants to live there?
Are you looking for actual municipal policy that prevents people from living elsewhere? Because I think that might be a different issue entirely, and could easily apply to everything in Canmore right now, and not something with this exact development.
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I'm thinking that his view is that most people who can afford to live in Canmore are wealthier people retiring and that they're not selling their primary residence (usually Calgary) but rather splitting time between them.
In which case I think that assumption is largely valid.
Because a young couple moving to Canmore would be hard pressed to make a living at it, its an expensive place to live. The people who have been there for 30 years are reaping the benefits of rising property values that nobody trying to enter the market can afford.