Egan: When money moves in and neighbourhood's identity moves

Egan: When money moves in and neighbourhood's identity moves out?


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The little house behind us, where the same family lived for 70-plus years, sold this summer for more than $700,000 and — as is commonplace, if not inevitable now — will be torn down.
When people talk about “housing affordability” in Ottawa, it really means $700,000 in a modest, central neighbourhood buys you a piece of dirt, 50 by 100. Pity our children, pity our poor.
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Egan: When money moves in and neighbourhood's identity moves out? Back to video
Housing affordability is at the heart of a new report about the future of “West Centretown,” or that area that takes in Chinatown and Little Italy, from Carling Avenue in the south to the edge of LeBreton Flats in the north.

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