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11-01-2012, 05:19 PM
  #76
Poulet Kostopoulos
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Quote:
Originally Posted by CN_paladin View Post
The MTL real estate market had been hit really hard by the separatist movement in the 90s hence most of houses probably doubled in value in the past decade or so. If the average house costs 400k now no way the same one will be worth 800k in 10 year.
I was gonna comment along those lines.

People comparing MTL to Vancouver or Toronto forget that there is a political uncertaintly inherent to this city whenever the PQ is in power. I think that's a big factor that worries me the most. Otherwise, these rare condos are good investments.

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