If I could just shift topics a bit here and talk about stations and the increase in property value that they would bring.
I can't find the original source, but MOOSE and Joseph Potvin have stated several times in the past that "With a few exceptions, train services will
only be offered where the
average rent and property values within a 0.8 km radius of each station
are expected to increase by at least 25 percent over the base value.
Secondary sources are:
http://mtbarch.com/of-interest/ottawa-life-magazine-featuring-moose/
https://www.letsgomoose.ca/wp-content/uploads/Fall2016_Ottawa_Life_Moose.pdf
Questions:
-Who here would be willing to pay an additional $100K to buy a home or an extra $300/month to rent just because it had a MOOSE rail station in close proximity to it? (Based on average home prices in Ottawa of approximately $400K, and average rents of about $1200.)
-Do you believe that there is any possible station on the proposed lines where this type of value increase is even possible? If so, where and why?
For my own part, I don't see any situation within the urban/sub-urban portions of the City where having MOOSE running a train versus current OC Transpo options would have any significant increase on property values. That's about a third of the stations right there where no additional property value means no revenue source for MOOSE. As for many of the more rural areas, people tend to move out there for lower property values, and I can't imagine many wanting to pay a 25% premium to live near a train so that they can commute into the City.
Any thoughts/comments/opinions?