Comment 79991

By Montelimar (anonymous) | Posted August 22, 2012 at 06:53:57 in reply to Comment 79990

Note the specific mention of areas blessed with "selective subsidies," such as Canada Bread (and the allusion to greenbelt clawback).

Here's the REIN formula that went into naming Hamilton #1. It's taken from their website (where you can buy the full report for around $60):

"In this special report, the following long term key fundamentals were analyzed in-depth:

Is the area’s average income increasing faster than the provincial average?

Is the area’s population growing faster than the provincial average?

Is the area creating jobs faster than the provincial average?

Does the area have more than one major employer?

Is the area in the RBC Affordability Index Hot Zone (25% to 39%)?

Will the area benefit from an economic or real estate ripple effect?

Has the political leadership created an economic growth atmosphere?

Is the Economic Development Office progressive and helpful?

Is the area’s infrastructure being built to handle the expected growth?

Are there any major transportation improvements in the works?

Is the area attractive to Baby Boomers’ lifestyle?

Is there a short term problem occurring that is slated to disappear in the future?

Is there a noted increase in labour and materials cost in the area?"

Despite REIN's claims to the contrary, a number of these questions invite pretty subjective answers, and are themselves speculative.

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