Quote:
Originally Posted by McMurph
Why not in the long term? Do you believe that in 10 years people choosing to live in the core will want / need to own a car more than they do now? Given everything that is happening in inner city development in Calgary and everything that is likely to happen with car ownership / car share and transportation alternatives it seems that this sort of development is going to be a big part of the future.
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Calgary is a boom bust town. Maybe in 50-100 years when Calgary runs short on land and density picks up and we get subway systems that go everywhere fast then we can start talking about this type of stuff. When Manhattan was booming over a hundred years ago, Calgary was a spec of dust with roaming wildlife. New condos will go up with parking all over downtown and people will have choices. Buy a condo with or without parking. It's not like condos with parking are going into short supply anytime soon. Remember, the only reason Calgary has had a housing boom in the short term is the huge influx of people and construction projects that just couldn't keep up with demand. But in the long run there is nothing stopping from projects to match or even exceed demand. The only shortage is land and Calgary has no shortage of that. You could fit another half million people in the beltline easy just by building a condo development on every empty lot. You wouldn't even have to demo anything.
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