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By Fred Street (anonymous) | Posted January 28, 2013 at 10:55:34 in reply to Comment 85644
"Speck outlines a host of other ways that could revitalize the heart of Hamilton. Get more people living downtown by allowing homeowners to add granny flats and introduce inclusionary zoning to strike the right balance of market rate and affordable housing. Speck warns many downtowns have too much affordable housing."
I'm all for loosening Hamilton's zoning, but I'm not sure how granny flats is going to revitalize downtown. Downtown has a surplus of singles and more than its share of under-the-radar housing conversions. What it arguably needs are more families, and a more balanced socioeconomic mix.
For example: In the 2006 census, the four tracts bordering Locke South had roughly the same population as the four tracts bordering James North, and a lower net population density. But the four Locke South tracts (Queen/King/403/Escarpment) had a average median household income of over $56,000, while the four tracks adjacent to James North (Queen/King/Wellington/Rails) had an average median household income of $29,500. The lowest median household income of the Locke South tracts was higher than the highest median household income of the James North tracts.
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