Quote:
Originally Posted by isaidso
If that is no longer viewed as important, you've fundamentally changed the promise that the New World held for people. Well we still view it as important, hence why Canadian cities build high rise residential in markets where real estate is expensive.
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This claim strikes me as ridiculous. The huddled masses came to the New Word for the express purpose of homeownership, which was apparently unavailable in the Old World?
You do realize that many Old World nations have much higher homeownership rates than Canada or the U.S., right?
Italy and Ireland, the two Old World nations probably most closely associated with immigration to the U.S., have far higher homeownership levels than in the New World.
And since when is highrise development correlated with homeowership and affordability?