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Old Posted Jul 24, 2013, 8:12 PM
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rypinion rypinion is offline
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Join Date: Jul 2007
Location: East Exchange, Winnipeg
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I think it comes down to the "market rates" for non-downtown development isn't "fair" and doesn't reflect the actual costs to the city for these developments. If the true cost of all the road and sewer work was actually rolled into the development fees for new suburbs, then we wouldn't be having this discussion. We'd be exactly where steveo wants to be, and we'd have downtown condos being priced much lower than suburban equivalents. Everyone here (except the person looking to move into Waverly West or Ridgewood South) would be happy.

That isn't an easy thing to accomplish though. Does anyone really see council doing what is necessary for this to happen anytime this decade?

Until that happens we need something that allows downtown homes to be priced more 'fairly' in comparison to their suburban counterparts.
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