Comment 124657

By ASmith (registered) | Posted January 11, 2019 at 12:23:07

There is a third way. It's neither pro-urbanism, nor pro-sprawl. It's called the free market. Here's how it works...

1.) People purchase the type of housing they want. That can be a condo, townhome, or detached house.

2.) Depending on what is most profitable, land owners invest their own capital to build what the market demands.

3.) Politicians stay out of it and let buyers and sellers do what they want.

4.) Neighbours, who don't own the land to be developed and have invested zero dollars (labour) in, have no say. On the flipside, they have 100% control over the land they did work to buy.

The system we have today, where everyone is in each other's business, is bound to fail. Yes, if you're pro-transit, it feels good to "fight" sprawl. But, when the sprawl team wins and they ban highrises, how can you complain?

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