Social Justice
Active Member
Hey guys, looks like I'm late to the party. I'm liking the discussions so far.
I'll throw my two cents in. Most of what I'm gonna say has probably already been touched upon.
Summary:
Natural Growth: +8,807
Net Migration: +9,560
Housing stock: +5,866 units
Positive:
1. I'm still surprised that we have a positive net migration. Honesty question...What are these people doing for work? What is attracting them here?
2. It's good to see that the Beltine and the core communities are still growing. Albeit slowly...but slow and steady wins the race.
3. A growth rate of 1.45% is manageable.
Negative:
1. It's disappointing to see that the top fastest growing areas are all greenfield suburbs. Although, it's not surprising.
2. As previously mentioned it's not a good sign when young professionals leave the city for greener pastures.
Predictions and concerns:
1.Unless something drastic happens with the local economy, I think going forward we'll see a population growth rate of about 1% for the next 5-10 years.
2. I think there will be a housing oversupply in the upcoming years as many units come online. This will continue the trend of declining home/condo prices, thus throttling new home/condo starts.
3. I think the Beltline and inner city will continue to grow.
4. I think the crane count will dip below 10 cranes within the next 5 years.
Concerns:
1. I hope the satellite communities/cities/towns don't keep growing at the same rate as what we've seen before. Cheap home prices and lower taxes has attracted several buyers and young families to these areas.
2. I don't really see city hall resolving the financial issues. There are several retail CRU's and office towers that are vacant.
I'll throw my two cents in. Most of what I'm gonna say has probably already been touched upon.
Summary:
Natural Growth: +8,807
Net Migration: +9,560
Housing stock: +5,866 units
Positive:
1. I'm still surprised that we have a positive net migration. Honesty question...What are these people doing for work? What is attracting them here?
2. It's good to see that the Beltine and the core communities are still growing. Albeit slowly...but slow and steady wins the race.
3. A growth rate of 1.45% is manageable.
Negative:
1. It's disappointing to see that the top fastest growing areas are all greenfield suburbs. Although, it's not surprising.
2. As previously mentioned it's not a good sign when young professionals leave the city for greener pastures.
Predictions and concerns:
1.Unless something drastic happens with the local economy, I think going forward we'll see a population growth rate of about 1% for the next 5-10 years.
2. I think there will be a housing oversupply in the upcoming years as many units come online. This will continue the trend of declining home/condo prices, thus throttling new home/condo starts.
3. I think the Beltline and inner city will continue to grow.
4. I think the crane count will dip below 10 cranes within the next 5 years.
Concerns:
1. I hope the satellite communities/cities/towns don't keep growing at the same rate as what we've seen before. Cheap home prices and lower taxes has attracted several buyers and young families to these areas.
2. I don't really see city hall resolving the financial issues. There are several retail CRU's and office towers that are vacant.