- May 19, 2024
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While residential development provides jobs and can help attract businesses to a community, residential development does not equal economic development.
The sentiment that we can rely on residential development for economic development is a false one that is not sustainable for our city’s long-term financial sustainability. There’s only so much land to build on, so what happens when that land is gone? What if the infrastructure is not in place to sustain the pace of growth? And where do the influx of people brought in by this residential development work?
These are the questions many have been chastised for asking.
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