Quote:
Originally Posted by LRTfan
It's not all that complicated. People and jobs lead to everything else. And people lead to more jobs coming.
Business owners aren't stupid. There's a reason why downtown Hamilton is full of money marts and Nordstrom opened in downtown TO.
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if it were that simple then there wouldn't be a housing crisis in a city that has 750,000 people. You make it seem like hamilton is sparsely populated - it's not. Money marts pop up in places where people need to borrow money, aka they are not making enough. The people are here, but the jobs are not. I'm not sure cramming 30,000 people into the core is going to magically "create more jobs" - its business owners that must move in to provide the jobs, having more people in the core in no way guarantees that - I mean look at the eatons center - its right in the core and it still remains empty - we have office buildings everywhere that are either vacant or sparsely populated - I think the problem is a little more complex than you make it out to be.
For one the cost of renting has skyrocketed - so it's also a matter of what job you get - you're not going to be able to afford to live downtown working at mcdonalds for example. The average cost for a 2 bedroom apartment now is around 1600 a month - for a 1 bedroom 1200-1400. And that's just in the city in general. Downtown it can rise to 2000-3000 a month. Even with minimum wage at 15 dollars that's pretty unrealistic.
You also need people down town who are EDUCATED. The students residence downtown in the william thomas building isn't going to generate jobs. Those people either have money or their parents are paying for them to stay there. They are in the process of getting educated, but once they get their mcmaster or mohawk college degrees most of them aren't going to stick around.
The other people moving in already have money - they have successful jobs already either here or in toronto or other places or they wouldn't be able to afford to live downtown. It's not generating jobs - it's just bringing people who already have jobs here. Usually empty nesters who want to downsize, and are thus already retired.
And that's the thing - you want people to movedowntown who have money, but the amt of jobs available in hamilton that can pay for those types of wages for the most part just aren't there. Not at the moment anyways, and I don't know if they even will be once the core becomes built up more. People just don't associate hamilton with high paying jobs, unless you're in the medical industry.
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This city started to tank when the steel industry collapsed in hamilton - as was said we put all our eggs in one basket - industry - much like detroit michigen did. Now those services are done overseas, and our steel industry isn't even canadian owned anymore. The question becomes what kind of a city will we become. Granted we have the medical industry - but that also means hamilton becomes a welfare city for every person with all sorts of medical problems as they move here to get care from those places.
They brag we have a thriving arts scene but the turnover rates of those galleries is astounding. The tax rates on being in those buildings downtown is also some of the highest around. People go in, they struggle, and they leave. Look at the london taphouse. It survived for a while, then the saloon place went in after and it barely lasted any amt of time at all. Or the restaurant in the lister block who didnt pay his workers and tanked.