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By JOEJOE (anonymous) | Posted December 15, 2010 at 14:58:46
Since when is it ever reasonable to argue against rising property values? Property values are a critical indicator as to the value and success of a neighbourhood. If anything, it should be the main mandate of our Economic Development Department to increase property values in Hamilton.
Handling the downsides of gentrification is an entirely different problem, one that can be solved while property values climb. To suggest that keeping property values low is somehow a solution is ridiculous.
But as Jason says, gentrification is not coming to Hamilton anytime quick ;)
In reality Hamilton has created a 'poverty industry' for itself. It is an affordable place to live and has a wealth of cheap stores and poverty related services to support it's low income residents. And how is that working out for ya?
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