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Old Posted Nov 11, 2008, 7:50 PM
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BrianE BrianE is offline
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Join Date: Dec 2007
Location: Hamilton
Posts: 352
Quote:
Originally Posted by omro View Post
Here's a question...

With the possibility of one or both LRT lines running along Main Street, would you say the purchase of a home on Main Street would be more desirable or less over time?
I would say that buying a house within a block or two North or South of Main St would be a better investment than buying right on Main St.

Unless you want to run a business on the Main floor and live above your business.

Or you could buy a property on Main St and not actualy live in it and just sit on it waiting for the land beneath it to appreciate enough so that some other developer will come along and offer you an obscene amount of money so that he can demolish your house and put up condos or something. That might take 20 years or so tho.

(Also you would be acting like a "wanker" as you brits say and we have enough of those owning downtown properties as it is)
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