Has anyone purchased a Tour Des Canadiens condo?
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11-01-2012, 08:57 AM
Join Date: Jun 2003
A concern I have about the downtown area is that the urban planning of Montreal points in the direction of less easy access to the city via automobile, and an increased emphasis on public transport. There are two problems here.
1- housing is getting so expensive on the island for young families, that they are forced to live off island.
2- public transportation is not geared for people who are off the island. You need to get onto the island, or at least very close to it to use public transport.
This makes the downtown core less attractive for employers with good salaried jobs looking for a employees. The extra costs involved for the business and for the employees makes areas like the South Shore, Laval, and possibly the West Island more attractive to set up a business. Less new businesses, less consumers downtown. That hits retailers and restaurants already suffering from traffic woes, parking headaches and protest after protest.
Add in a possible hike in interest rates...
I guess people who want the experience of living in the city cannot find a way to not think it is an awesome idea, and people who have already done it may find it just does not suit their goals regarding quality of life.
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