Quote:
Originally Posted by accord1999
New developments pay significant offsite levies to pay for the capital costs to connect to city roads and utilities.
Let's do it as long as it applies to everyone. New communities with low crime and no transit shouldn't have to pay much for those services and people never planning to go to the East Village or Rivers District don't have to pay for their development. It would suck to live near an underground Green Line station though, you'll probably need to take out a second mortgage.
Really, most inner city residents are coat-tailing on corporate offices, high-end retailers and the really rich paying $15K-$30K in property taxes on their mansions (and needing little services). Those are the taxpayers that have been subsidizing the City.
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I live innercity in a condo with 180 units. The average property tax rate is probably $3,000 per unit. The building sits on a lot that is likely 2-4 average SFH lots in Calgary. I walk to work - no need for transit.
But, yeah, lets talk about riding coattails.