New Home Development - Good or Bad?

We are certainly seeing lot's of new home developments throughout the City of Ottawa.  Is all this new development a good thing or a bad thing?  As with everything there are pro's and con's. More homes equal more people (con) however more people means more money going into the community (pro).   How would you feel if you lived in this neighborhood?

 

http://www.cbc.ca/news/canada/ottawa/stittsville-subdivision-approved-neighbours-small-victories-1.3460837

 

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