Re:Why California is so expensive: It’s not just the weather...
by mabbo on Wednesday July 20, 2016 @09:12PM
(#12133835)
The Toronto school board got clever: you tear down the school, build a 20-story building on top but the bottom 3 floors are a school and the other 17 are condos that you sell or rent.
The board keeps their school in the area that needs it (minus a few tough years without it) and they make a profit selling or renting the condos!
We hit the point of "no way but up" about 20 years ago. There are a few holdout family ranches, but other than that there is nowhere left to build that doesn't involve tearing down something else first. In some parts of my home county the school board has had to start cannibalizing parts of public parks in order to build new schools to support the population.