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By RobF (registered) | Posted April 19, 2013 at 18:02:23 in reply to Comment 87991
Whether new development improves the city's finances depends on the property tax regime. The problem, as Ryan suggests, is that in Hamilton's case you are getting sprawl with minimal population growth, which increases per capita infrastructure costs. Unfortunately, there is seldom an honest public debate about this because the short-term picture looks different than the long-term one.
Comment edited by RobF on 2013-04-19 18:03:17
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