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By A Smith (anonymous) | Posted September 15, 2009 at 22:44:56
seancb >> This is not the thread for it!
I thought this article was about reducing the density of low income housing downtown. Here is a quote from the article...
"If he really believes that he should be developing this project into condos so we really can get "all kinds of people" living downtown."
As you can see, Jason is arguing for more private sector investment downtown, exactly what my proposal is aimed at. How is it that my post about attracting more real estate investment is off topic, but posts on beer drinking and higher welfare payments are not?
Once again, if the goal is to increase the amount of private sector real estate investment, why don't we use incentives, as Ryan has suggested. If we know that high tax rates discourage activities and low tax rates increase them, why don't we lower property tax rates and encourage people to buy real estate here in Hamilton?
One last question, what will attract more investment here to Hamilton, sitting around drinking beer, or allowing investors to have higher returns on their investment?
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