Posted Oct 3, 2007, 8:03 PM
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Pro Urban Degenerate
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Join Date: Jan 2007
Location: Toronto-Hamilton Mega Region
Posts: 839
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I have never understood this obsession with these idiotic reports. The economy and market trends are incredibly volatile. There is no way that some economic report made in 2002 is going to have any use today. You will grow the type of economy that you subsidize. For example, if a city invests $200 million to construct expressways, serviced industrial land, and zones it for a business park that is what it is what it is going to get over time depending on market demand. In contrast, if a city invests $200 million in creating a public space and makes available interest free loans for condos and office space around it that is what it is going to get over time depending on market demand. There is not that much mystery to it. The city will get in time what it invests its money in. These types of initiatives should be encompassed in an issue by issue basis not in an abstract report with no real focus. As someone residing in Toronto GRIDS and Vision 2020 have no meaning to me. In contrast, if I read something about Hamilton investing in a $200 million dollar public space and condo project downtown that would spark my interest.
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