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By -Hammer- (registered) | Posted April 19, 2013 at 17:45:51 in reply to Comment 87991
Yes and no, it certainly can add to the tax base if it's properly taxed/valued. However suburban development in Hamilton has not been treated as such for ages, because council has glutted itself on as much, cheap sprawl as possible to make money now, to deal with the overwhelming infrastrucutre budget problems. Sadly, this policy has in turn expanded our infrastructure and causes further overwhelming infrastrucutre budget problems.
You've probably heard before you can get a 800,000 Toronto house for 200,000 in Hamilton. It's blatantly true, and while Hamilton shouldn't be at the uncontrolable Toronto housing maket prices, it should be much higher/taxed as such. If council would grow a backbone and draw a line in the sand for the urban boundary and subsidize high density core development/old neighbourhood redevelopement (which may entail the OCCASIONAL demolition) and better leverage exsisting infrastrucutre, we wouldn't be in such a mess.
Comment edited by -Hammer- on 2013-04-19 17:49:23
Still waiting for the Randle Reef mess to get cleaned up, but hopefully not much longer!
http://www.cbc.ca/hamilton/news/story/2012/12/18/hamilton-randle-reef-announcement.html
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