Plan It Calgary: Colleen Huston
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@GrantNeufeld If this is the case, then why has Calgary density development always has higher vacancy rates then suburban development? It was the case during the boom, and it is the case during this recession.
I used to live in Vancouver and I saw firsthand the negative effect unaffordable housing prices had, and yes, it is a direct result of geography and "smart growth".
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Ridiculous. In every case forced dense communities in line with "smart growth" create more poverty because they lead to skyrocketing prices. Think about a city like Vancouver, where the wage to housing ratio is now the most unaffordable in the western world! Simple supply and demand economics says if you limit space, it becomes more valuable (ie expensive). Why would Calgary, a city with great growth potential want to limit outer development.
Leave the planning to the consumers!
cowlateral158 1 year ago
@cowlateral158 Planning isn’t being left to the consumers — it’s been stolen by the developers who don’t plan for consumer choice, but rather manipulate consumer choice to maximize short-term profits.
The rest of your economic analysis is rooted in false assumptions that do not play out in rea life.
GrantNeufeld 1 year ago
Sorry about the camera movement at the beginning. Rushed adjustments.
GrantNeufeld 2 years ago