I just looked for property in Alberta under 100k, and could only find a handful of places under 100k that were not inside mobile home parks (where you don’t own the land) most of them are court ordered sales and are also mobile homes(on private lots) that essentially need to be replaced entirely.
The only reasonable one I found in the entire province which wasn’t in terrible shape, had it’s own land, and was drivable to what I consider a city was in Elnora, which is about an hour outside red deer. Unfortunately it’s unlikely you could get even a minimum wage job there, because the population is only 288 people and they have only 18 total businesses in the town, and that includes some public places like the post office and library.
The thing to remember about this though, is that it can’t support a larger population choosing this option. A few people could move there, but the moment you get more than a few moving in the prices go way up since there isn’t just a million houses sitting empty in these small towns. There’s maybe hundreds, total in the province.
Yes there arent thousands of them. I had to hunt around and keep my eye open for a good deal for several months to find the ones I bought. But they do exist in centers much bigger than Elnora.
I just looked for property in Alberta under 100k, and could only find a handful of places under 100k that were not inside mobile home parks (where you don’t own the land) most of them are court ordered sales and are also mobile homes(on private lots) that essentially need to be replaced entirely.
The only reasonable one I found in the entire province which wasn’t in terrible shape, had it’s own land, and was drivable to what I consider a city was in Elnora, which is about an hour outside red deer. Unfortunately it’s unlikely you could get even a minimum wage job there, because the population is only 288 people and they have only 18 total businesses in the town, and that includes some public places like the post office and library.
The thing to remember about this though, is that it can’t support a larger population choosing this option. A few people could move there, but the moment you get more than a few moving in the prices go way up since there isn’t just a million houses sitting empty in these small towns. There’s maybe hundreds, total in the province.
Yes there arent thousands of them. I had to hunt around and keep my eye open for a good deal for several months to find the ones I bought. But they do exist in centers much bigger than Elnora.
So how exactly can they solve the housing crisis?
Alleviate, not necessarily SOLVE the housing crisis. Thats a long term thing thats going to take time and a whole lot of changes.