Quote:
Originally Posted by Fuzz
That's not what is proposed though. I thought you were suggesting the entire project would be affordable housing.
https://www.rmoutlook.com/canmore/in...dp-mla-8360614
It's not so much the traffic, the town does it's own best work messing that stuff up. It's homes for people to live in the community and provide the supports that all the tourism brings. A lot of my argument is based on when Banff was closed to further development, Canmore became a large labour supplier. Now that Canmore is also in need of that, their is no where for those lower pay workers to live. |
Thinking a bit more about this, I actually think there will be more "affordable" housing in TSMV than the random hypothetical of modest row-houses - which would still be at least $1M each.
Affordable Housing projects is a whole other topic; I think it can work at times, but there are a lot of legit issues/concerns. Mandating minimums is actually an effective route IMO. The definition of affordable and the % required could always be better. But ultimately I'm just not sure about the notion of brand new affordable housing. Brand new things come at a premium. Just increase supply.
Of course its a bit more complicated in a resort town, but it can still work. A weekender upgrading to a new unit might mean a 20 year old condo hits the market, which probably has better odds of going to a local. But ideally they could figure out design requirements in the permitting process to achieve the desired type of buyer.