Quote:
Originally Posted by GreenSPACE
I have a friend that is a senior economist with the City. Residential lots do not make money for the City. Industrial does. Because of the all the road infrastructure, required rec centres, police and fire stations, etc there is no way new suburbs are paying for themselves. Nice try though.
|
Did 1910 residential development make the city money? 1930? 1950? 1970? (excluding city owned development like Millwood's)
Newer neighborhoods come closer than ever before to breaking even, and are designed to require significantly less maintenance and longer lifespans in infrastructure.
Threaded Mode