But the video shows that the determination of who pays how much for “new” vs “maintenance” is very subjective and fully decided by people whose interest aligns with keeping existing residents costs low. Did the new subdivision cause us to need a new sewage plant to serve them, or was the existing plant well past its maintenance date and the new subdivision provided the money to replace it?
Also, I don’t see how that statement above can possibly be true when things like this entire new sportsplex are fully paid for by extorting new residents: https://www.cbc.ca/news/canada/kitchener...-1.7150644
As for the topic of developers pocketing the cash… if we can’t actually agree that reducing the cost of creating something won’t lower the price of it, then economics is dead.
Also, I don’t see how that statement above can possibly be true when things like this entire new sportsplex are fully paid for by extorting new residents: https://www.cbc.ca/news/canada/kitchener...-1.7150644
As for the topic of developers pocketing the cash… if we can’t actually agree that reducing the cost of creating something won’t lower the price of it, then economics is dead.
local cambridge weirdo