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It really depends on where people are in life and what their goals are. There's some merits beyond rate of return to owning a property or a second property that should be considered for people in different circumstances.

Hey once VLRT gets to Lewis Estates it'll TECHNICALLY be the truth!

Gotcha. My bad.

There's no penalty though, just a deposit. This tells me as a build owner I can demo a vacant building for example and create a blight on the community and reap the tax benefits until the lot is identified as a problem lot. Then when it is I'll just go clean it up, which I should have done as a...

I get the idea of a soft-handed approach getting the properties cleaned up but it doesn't consider the neighbours and the losses they experience financially and aesthetically. Just tax them until they clean it up then make them prove the lots have been cleaned. We shouldn't tell owners of the...

I skimmed some of the documents and it looks like they just have a plan to make a plan. But the spirit of the PDF "Ribbon of Green" appears to be that they're going to preserve the integrity and ruggedness of the Valley. Improvements to accessibility, limited amenities which implies bathrooms...

Tax forgiveness at the bottom is ridiculous. Whatever money comes from a derelict tax should go into a reserve fund to pay for improvements or reclamation but it shouldn't go back to the owner. To do so completely ignores the losses, whether they be financial or aesthetic, to the community.

This lot is the perfect case study for the city to change it's laws on unkept or bare land properties downtown. If they're scrounging for money that seems like low hanging fruit if you ask me.

(Insert discussion and renderings here)

This community is gonna be something else in 5 years. -norquest expansions -Valley Line West and streetscaping improvements -Parks development -Warehouse Park

It'll completely transform the feeling of 109th st and really make that portion of the thoroughfare feel less suburbanized and much more bustling - like a big city's core should.

It seems like they have a couple of plans that are considering different economic circumstances in the page…40ish part of the pdf? It’s pretty bold. Would completely transform the area if they chose to go either way.

https://www.norquest.ca/NorquestCollege/media/pdf/about/publications-and-reports/norquest-college-campus-master-plan.pdf Man I just had a look at that master plan, their 2050 vision for the campus looks pretty amazing.

That'd be cool to see, any idea when renderings come out?

Interesting read thanks for the share. That 2-way fixed model they built is....interesting. Being 10 years removed from 300 level econ courses I'm not sure I properly understand wtf they're doing lol. But it got published and uses great sources, so I'll trust it. The issue of high housing costs...

It's amazing how immigration without check, and a lack of rules regarding F.D.I. can throw the sustainability of a market out of whack eh? All signs of a real economy that died around the time of 2008.

In theory yes; but a man's gotta eat Julien.

I wonder if anyone else is still sour about the whole Stan Bowman debacle. It was the straw the broke the camel's back in a series of stupid moves over the decades. I'm team-less right now lol.

I guess you could say it's "to be decided"

My friend, if you cannot correlate the dangers of chemtrails to this development then all hope is lost.