Quote:
Originally Posted by Frankenrogers
And while I agree that the salaries/household income Hamilton wouldn't be able to support this but we have a long way to go. Toronto is pretty much maxed out with every neighbourhood now discovered which is why these prices are ridiculous. Hamilton has room to grow and then some. Kirkendall is shooting up to $300-400k but beyond that neighbourhood there are tonnes of options for similar homes. There is similar housing stock at more reasonable prices in St Clair or just east of Gage Park/Delta, or the strip in between King and Main is great too in areas like Proctor Blvd, Barnesdale etc.
Commercially too, every time I drive down Barton I see room to grow.
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I couldn't agree more... The bubble scare will distroy Torontonians like any luxuries offered as those are what are sold first in tougher times, but Hamilton's lower prices and 'room to grow' effect will give us a softer landing here.