This reminds me of that bit in Asteroid City: selling tiny plots of dessert out of a vending machine that have no infrastructure.
Politis said more than 3,000 calls have come in from individuals and companies interested in the program. In addition to discounted land, buyers will also receive property tax relief.
The town has a settlement area of up to 1,500 eligible lots.
The goal is to have development companies build a majority amount of the housing needed to accommodate the town’s growth plans.
So for the low price of $15,000 a corporation can own a substantial part of a Canadian town. And the town wants a corporation to buy and develop housing. So they want to turn part of their town into rent-seeking corporate homes?
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This reminds me of that bit in Asteroid City: selling tiny plots of dessert out of a vending machine that have no infrastructure.
So for the low price of $15,000 a corporation can own a substantial part of a Canadian town. And the town wants a corporation to buy and develop housing. So they want to turn part of their town into rent-seeking corporate homes?
They’re just trying to catch up to the rest of the province. People are starting to worry they might never have a local oligarch.