One question that I always ask: How can we find the towns where growth will be strong before anyone else knows about it?
To find up and coming markets is a difficult task, there is no one answer because there are multiple different factors working together...lots of research by Ajay and I helps us understand what's going on to spot trends.
What we have learned over all of our research: what a city and its residents do today will have a huge impact on its real estate for years.
So what does this have to do with the synchrotron? Everything.
In 2004, the synchrotron was built in Saskatoon for a cost of over $170 million. The synchotron in Saskatoon is world class and has many different applications. Companies from computer engineering to medical research rely on the synchrotron for their research; as a result, high paying skilled jobs are being created now and expect more in the future...which is great for real estate in specific neighborhoods in Saskatoon.
Right now change is happening at an accelerated pace as governments are spending their way out of the recession. A communities ability to mobilize local resources to get provincial and national funding will be key to it's future success.
While most cities realize this, they don't always make the right choices (hello Windsor...how does it look in hindsight building your schools around Chrysler).
Research what's happening around your town and see how you can profit from it.
Posts
No comments:
Post a Comment