Quote:
Originally Posted by Claeren
As for Calgary being cheaper then comparable markets, that is a joke. No comparable city Calgary's size has pricing from the core to the far perifery like we do. Toronto and Vancouver are both MUCH bigger cities, that are on the water (less developable land), and yet BOTH have cheaper pricing in the far flung suburbs. Most American cities with ~1M people have pricing a fraction of current Calgary pricing, usually at or below $250,000 (or even <$200,000) for a mid-size suburban home (v. $500,000).
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If you're talking the far flung suburbs of Toronto then you should be comparing more to the bedroom communities like Cochrane. None of the suburbs in Calgary are anywhere near as far away as some of the Toronto suburbs.