Quote:
Originally Posted by misher
Why would you be happy at this? Its like saying your happy our restaurants are becoming McD. Luxury real estate is something that distinguishes a city. I want there to be wealth, fancy cars, upscale retail, etc here which are signs that your a major global city. If you want us to be a low tier city like Calgary or Kelowna why not just move there.
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Even once we DO become a global city - right now, we're just ahead of Calgary and behind Seattle - we still need to be home to people who aren't one percenters or even twenty percenters. Everything becoming fast food is bad, but so is everything becoming foie gras with caviar; you're fiddling while Rome burns either way.