Quote:
Originally Posted by LRTfan
for the gazillionth time, nobody is advocating height for height's sake. We're pushing back against the NIMBY's because WE NEED HOMES FOR HUMAN BEINGS TO LIVE IN. A city as stagnant, and with our job market shouldn't see such housing pressure like we currently do. A total lack of new inventory in the urban city the last 40 years is a huge reason why. And I get why builders weren't building anything here the last 40 years. People were fleeing, not coming.
Now, people are starting to trickle back and builders are seeing opportunity to add thousands of new units here, and city hall decides to revert back to it's closed for business mantra.
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Again the DC exemptions, tax abatement program and other various BIA incentives including the Downtown Community Improvement plan do not scream “closed for business”. They total tens of millions in developer incentives. They as well as the increased property values are what is driving developers to build downtown as it is profitable whereas 30 years ago it was not. The city definitely gets some things wrong but to say its closed for business and actively thwarting investment is really reaching.
We’re going to get thousands of homes for human beings to live in in the core whether theyre spread across 30 story towers or 50 story towers.
Also I’m not sure about the jobs market reference. Hamilton has had lower unemployment rates than the Province and Country for close to a decade now. The downtown has also increased the amount of people working in the core.