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By highasageorgiapine (registered) | Posted March 01, 2016 at 14:10:58 in reply to Comment 116692
oh, i don't know. perhaps the city could save the money by reducing expenditures on road expansions in far-flung suburbs, or through development charges, or through a number of other cost saving options that are far more important than many of the expenditures mentioned in the article to ensure that we adequately house the most marginalized and vulnerable people of our society.
the argument the city is making is that they can make money from the firesale to fund new housing. the problem is that this would be a one time cash infusion to build new housing, with no planned increases to address the infrastructure deficit going forward. this is basically kicking the can down the road, while accelerating gentrification and ghettoizing members of our community.
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