[Locke]

Originally Posted by Sliver

Dude, Canmore has the most expensive real estate in Alberta. I can't think of anywhere in our province that has seen property values skyrocket like they have there. For longtime homeowners, they have a giant windfall just waiting for whenever they want to hit the button and grab it.

Yes, there are permanent residents in Banff and Lake Louise who have been there for years. Also a transient population. Super fun and awesome communities.

Canmore is in that league now, dude. It's a tourist town. It's not going back (IDK, maybe when it burns down it will, but until then...). There will still be the permanent people, but then there will also be great numbers of transient workers. If Canmorites want people to work their stores and restaurants, they have to do what every other tourist town does: build housing. I mean, who else is going to? If I bought up a place and turned it into a dorm Canmorites would lose their GD minds. It has to come from within (and people will lose their minds, anyway).

All I can say is Canmorites want the impossible: to go back in time and freeze Canmore's population as it was 35 years ago. Since they can't have that, by god they're going to spend all their energy bitching to anybody who will listen. IDK, maybe they could saddle up and and air their grievances on the side of the highway with the other bellyachers on the TransCanada highway? Then at least I can yell at everyone who bugs me with my megaphone at once.

Yeah. If you bought property in Canmore in like 1960? You're rolling in wealth.

And you don't even need to sit on it, up until COVID interest rates were a joke, you could have leveraged that and had a HELOC against an outrageously over-valued property and bought whatever you want.