Quote:
Originally Posted by acottawa
The homeowners association would presumably have a contract with Moose and a refusal to pay would get them in court (just as if they refused to pay any other business).
|
Still, entering into a contract is a choice, not an obligation. MOOSE can't compel anyone or any organization to agree to these types of payments.
Quote:
Originally Posted by acottawa
Also, if someone bought a condo where transit was an amenity, why would they go to the time and expense fighting it? Why not just buy a different condo somewhere else?
|
Remember the assumption of only 5% turnover of property in a given year. That means the vast majority of people living near the proposed railroad station already live there and plan on staying there.
If you were an existing condo owner and someone decided to plunk a train station next door, would you be willing to have an increase in fees as a result.
Think about someone living close to a station along the O-train line. They already have access to a rapid transit network. Then a train carrying people to and from outside the city starts to utilize that stop. Would you be willing to have an increase to your condo fees? What added value to you receive? Are you going to move away?
Threaded Mode