EdmTrekker
Senior Member
My money is on the old Saks location. I don't think there is much of a chance it will be downtown unless there is a 15,000 sq ft spot. 15K is the average size of L.L. Bean though the Saks building is 31K.
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Edmonton Real Estate Market
- Thread starter Daveography
- Start date
IanO
Senior Member
Did anyone see the article about how Edmonton is second only to the murder capital of the US (St. Louis) as the most affordable larger city? That we should celebrate this fact and that it is somehow indicative of a positive direction going forward...
Folks know why certain places are expensive and others are not, right?
*shakes head*
Folks know why certain places are expensive and others are not, right?
*shakes head*
EdmTrekker
Senior Member
Maybe you should post a link to the article?
IanO
Senior Member
I would have if I had it...
archited
Senior Member
"I have heard... some people have said... I have friends that say..."
IanO
Senior Member
It said that St. Louis and Edmonton were the most affordable major cities in N.A. and shared how that is a very positive thing for them. I'm not so sure, that's all.
During a housing crisis it sure is. A lot of the crazy housing markets are caused by some combination of land scarcity and self-inflicted housing shortages (zoning, parking minimums, etc).
We have neither of those things nowadays, which is pretty damn commendable imo.
Platinum107
Senior Member
Okay... what point exactly are you trying to make? Without context it kinda sounds like you're saying that the reason why places are more affordable is because of crime and undesirability, therefore affordability is a bad thing and restrictive housing costs make a city safer. Correct me if I'm wrong but if I'm not, Ian... you know that's not true.
KyleBlanchett
Active Member
Well with the housing prices going up here in Edmonton becoming a homeowner in for people my age is starting to become unattainable. The house my wife and I bought in 2021 is selling for $170,000 more than we originally paid. Granted the material cost has gone up but demand from out of province buyers has driven the prices up quite a bit.
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occidentalcapital
Senior Member
Don't keep saying this, most of us here still want to be able to afford a place to live. Best kept secret please.
IanO
Senior Member
Point being that a variety of inputs determine a city's desirability and while we led the country in growth for a couple of years, we still face a real challenge when it comes to the investment market, perception, safety and improving our winter experiences/offerings that ensure people remain in the city longer-term.
Gronk!
Senior Member
Edmonton historic board urges city keep heritage in mind as older buildings demolished
Edmonton's Historical Board worries the city may not be taking heritage seriously enough.
edmontonjournal.com
IanO
Senior Member
Soon it won't really matter for we will have few to protect.
TAS
Senior Member
Wasn't there a report recently shared on this site that said Edmonton had one of the best retention rates of all Canadian cities among new immigrants?
Oh yes, here it is. Immigrants don't account for everyone, but you gotta admit it means something.
Canadian immigrants most likely to stay in Vancouver, Toronto and Edmonton
Studying where immigrants prefer to stay is important in developing policies that attract newcomers to a particular area. Through mobility data, we learn what sorts of places immigrants find attractive, and what factors play into their decision of whether to stay or leave. Statistics Canada...
www.google.com
occidentalcapital
Senior Member
Thank you.
So much ongoing negativity - it must get tiring to think of your own city as such a bad place to be.
So much ongoing negativity - it must get tiring to think of your own city as such a bad place to be.