Quote:
Originally Posted by macgregor
You're right, though because of the SP-A fiasco (and other fiascos), developers will now see/feel a higher risk of HRM interference. This might have a small impact on the amount that they are willing to bid for this or other lots.
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Unfortunately this is one of those cases where it's very hard to assess the damage that has been done. We will never hear about the offers and proposals that
would have been made had the city maintained a better reputation.
The "chilling effect" on all development from a long appeals process and high taxes and fees is similar. Halifax also has the built-in excuse of "what can you do? it's little old Halifax, so of course we won't have development!" There is actually a lot that could be done to improve the economy and development regime of the city.