Browsing the mls is showing how outrageous prices for housing is in canada relative to calgary. Calgary is a city that pays high wages and offers most of the amenities people appreciate, and a level of competitiveness that keeps pricing down. In this sense you can enjoy a lower cost of living in calgary than many other cities. Canmore is the place where price craziness is a real problem. Clearly their local government has failed to manage the housing situation and likely contributes to housing shortages. I know we’ve built and sold new luxury spec houses for a lot less money than a canmore renovated trailer. Is a serviced lot in Canmore really worth $700k?
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