| | snowman5 said "It makes sense to me for the developer to pay some of the costs upfront. If seven grand added to a half million mortgage will break the budget... they shouldn't be buying/building new. Maybe this will start a trend in building inwards toward the city instead of always outwards. This might slow down some of these rip-down and build a fourplex developments from happening in the established neighbourhoods. Nothing makes me more disappointed in seeing single family homes in the 60's neighbourhood(s) getting replaced with these rentals with no yards and crappy parking. Maybe people need to put that seven grand towards the tear-down or renovation costs of that old house sitting on a sixty foot lot in ares like Green Acres. ...Instead of bellyaching how expensive it is to live South(west) and have no schools nearby. You aren't forced to build there. Just saying, that "you-know-who" will snatch it up and build rentals or ugly condos where your kids could be walking to school. And the bonus part is that even with a new build, the city taxes will be cheaper in the old areas. (Maybe that's one of the reasons "you-know-who" is snatching up all those properties) You just need to be on your game to beat that guy out and buy into these 50's, 60's and 70's school zones.
Just my opinion, I could be wrong. " |
|
|
Your opinion is one of truth, and I fully agree with it. Wish more people around here understood . The same "you know who's" creating the most development should have been nailed with these fees years ago. Long before those entire developments went up. Before the overpriced, under built super houses in Brookwod broke ground. And they will be right on top of squashing this initiative, just watch.
These guys are furious they have to leave room in these areas for school or public development as it is, you know as soon as they can guarantee the province won't make them release that held area for a school build, they will cram in as many condos as they can.
I also hate all the beautiful single family homes being needlessly demolished and infilled with ugly, urban dense and poorly build junk homes.
I think the city is too late to have this be effective unfortunately. I also think that due to the old boys club still running this town, this won't see the light of day.....sad really, they missed the boat -the Brookwod area alone should have contributed over 3milion towards inafstructre, but the rest of the city is now forced to cover all that extra. As said, 7000 on these huge mortgages would be nothing.