Edmonton New Builder Costs

[Chris Howe]

Hey Edmonton Investors,

Although I know only a few of you will be involved in new housing starts, I wanted to share this article as it could affect some of you. The bylaw being discussed this week is to require new builders to plant two trees and four shrubs on their properties. The article is quite vague and I'm not sure if this will affect only SFH or MF, but I thought it could be relevant to some of our Edmonton investors. I could definitely see this raising property values over the long term - does anyone think this will affect the redevelopment of the Municipal Airport?

http://www.canadianrealestatemagazine.ca/market-up...