Quote:
Originally Posted by TheHonestMaple
I think that your second point is probably the strongest and most accurate reason for the vacant store fronts.
There is simply a complete lack of high earning residents in downtown Hamilton, especially around the Gore Park area. That is about to very much change. But for now, it is what is it. Affordable housing, and rent control leads to individuals that have little expendable income. I've been saying it over and over again, what this city needs is high end condos with a high end price tag if we ever want to see true revitalization of the core. Thankfully, that appears to be on the horizon - maybe in 5 years.
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Totally agree, but by doing so we have to recognize long term residents will naturally be displaced as property values increase.
I empathize but feel it is inevitable if downtown is to further improve.
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