I'm making an assumption here, that this community cannot pay back $12 million in a short period of time for these lots. I don't need an answer to that, I'll make the comment. I know enough about finances to say to you that that would be pressing things.
There is a demand in other communities. Even though that isn't identified in this particular part of the budget, I'm sure there's a demand elsewhere. Also, I'm sure there's a demand for other programs. I personally find this a blatantly large amount of money to be spent on this particular project; especially considering the many needs that we have elsewhere in the Territories. 1, personally, think that if we include it in this budget, that $6 million will have been spent and $6 million more will be spent in the future. I also understand that there will be apartment buildings on this particular site. I understand people need houses and residences and places to live. We're all sympathetic to that. But this kind of money is extremely heavy. 1, personally, feel this requires a lot of scrutinizing and a lot of consideration.
I think if all we're doing it for is a future investment, we're out of future investments. I don't think we can afford to make future investments of this nature. That has to be put on the back burner. We're here fighting fires, I hear Mr. Krutko talk about his water problem, at cetera, et cetera. The communities need housing; $6 million will go a long way towards housing over the next couple of years.
This is an anomaly and I think we should recognize it as such. Thank you.