this post was submitted on 28 Mar 2024
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This is a critical juncture for the direction of our housing market, specifically in Edmonton. House prices are relatively sane at the moment, thanks to a combination of staying ahead of the curve on building houses, forward-thinking urban development, and the lack of any real draw for people to want to live here. Calgary's market is beginning to inflate and it's only a matter of time before people get priced out and have to settle for Edmonton.
It's really important that we continue to be forward-thinking and deliberate with new development, so as to keep prices manageable while fostering a healthy urban fabric. I know everyone in the country is dicks out for fast and cheap housing development, but relying on infinite suburban sprawl is a really, really bad idea. Let's use what we've learned from the mistakes of previous generations and do it right this time