The Editor,
Re. "Big bucks boom in Tri-Cities" (The Tri-City News, Jan. 5).
Where does realtor John Grasty get the notion single-family homes (SFH) are subsidized by multi-family units?
Logic would dictate the more multi-family units, the more strain on municipal services, schools, parks, roads and the environment. This causes everyone's property taxes to rise.
Multi-family homes, especially highrises, use significantly more gallons of water, natural resources and produce more garbage and sewage than a SFH. A developer, small or large, also needs to pay the city to connect city sanitary, storm and water. This is not a subsidized service, contrary to what Mr. Grasty claims.
Stacking people like sardines next to SkyTrain and bus stations does not magically cure overpopulation and environmental challenges. I highly doubt Mr. Grasty drives his clients around on public transit.
While property values skyrocket, realtors, developers, investors and municipal coffers make more money from multi-family units.
Rick Evon, Port Moody
