Quote:
Originally Posted by troutman
You would think. Some locals don’t like “citiots” and their liberals ways. Part-timers have driven property values up 40% in four years. I think my home
has gone up $100K in one year. Many don’t want CNP to be another Canmore or Fernie. I think this a much better path than a coal mine.
|
My family has lived in Banff since Bankhead moved, sometime in the early 1900s. It's changed a lot, even in my lifetime. In fact, I think that it might have jumped the shark about 15 years ago, when it started to feel like no one really LIVES there.
That said, highway 3 has a very long way to go to reach that point. There is really nothing to worry about for a solid 50+ years of development. I would also venture that Banff and CNP sharing the tourist load, would help to alleviate a lot of the negative aspects of being a tourist destination.
I don't want to delve into the Silver talk too much, but my parents are getting older, and when the property passes onto me and my sisters, it looks like our family might get run out of town. The capital gains tax, and other burdens, just doesn't allow normal folks to live there anymore. You either need to be transient or rich.