Common Sense Propaganda
With the civic election just weeks away, city planning is a hot topic of conversation in the media thanks to a rather scandalous video taped surreptitiously at a home builders’ meeting earlier this year, with city aldermen called out for being friendly or unfriendly to developers’ interests, and the not always amenable relationship between our mayor and the Home Builders’ Association.
That’s led to some pretty serious propaganda surrounding Calgary’s housing market, including a website launched mid-September by Common Sense Calgary that warned of city planners making Calgary unaffordable for our children, citing the high price of property in Vancouver as an example of what we can look forward to.
Don’t be fooled; we’re not Vancouver. There is already a great deal of land within Calgary city limits set for new neighbourhoods to be constructed, neighbourhoods that will offer starter homes at relatively affordable prices. According to the Royal Bank Affordability Index, which measures how much of an average family’s income would be taken up by housing costs, Calgary is one of the most affordable major cities in which to own a home in Canada. Our affordability index is 33.6 percent. The national average is 48.4, and Vancouver’s is a whopping 85.8. And these are 2013 numbers, as we’re in the midst of a seller’s market.
Why are homes so expensive in Vancouver? Well, the obvious answer is it’s a coastal city, so land is at a premium. Add to that, the commute for people who work in Vancouver but live in the neighbouring communities – Burnaby, Langley, and so on – is hellish, so a small house in the city is still extremely appealing. Compare that to Calgary, a city built on the prairie with so much land we have the country’s largest green space (Nose Hill Park) in our city limits. Suburban life here doesn’t mean commutes of three hours each way; someone can live in Tuscany and still get to work downtown in under 45 minutes during rush hour. Plenty of residents of Airdrie, Cochrane, and even Didsbury happily commute daily, with travel times a fraction of those for commuters to Vancouver.
So, no matter what you think of Calgary’s city planning, or whether you approve or disapprove of the way the mayor’s office relates to home builders, don’t be swayed by the fear tactics employed by a special interest group looking to influence the upcoming election. Do your own research, and judge on facts, not hyperbole.
Tags: calgary city planning, calgary civic election, calgary housing market, calgary real estate, calgary real estate market, common sense calgary, home builders' association, royal bank affordability
