Thursday, November 15, 2007

Consider the source

(Not my video but enjoy the tunes.)
LRT boosts house prices, says study

The Sun cites Don Campbell from the Alberta Real Estate Investment Network.
Network president Don Campbell says research from across Canada shows the value of residential property rises from 10% to 20% when it's located near transportation-improvement projects.
Don Campbell is a real estate guru and leads hordes of speculators throughout Alberta.

Consider that prices already have increased above and beyond any transportation effect.
Consider that it is not normal to look at any development in the city with the real estate lens. These include the ring road, LRT or several bitumen upgraders in Edmonton.

This is not the first time the mainstream press has given Don Campbell free advertising:

Transit effect a boon to homeowners
Ron Chalmers, The Edmonton Journal
Published: Wednesday, November 14

Campbell said he expects Edmonton home prices generally to rise nine per cent in 2008 and 12 per cent in 2009. Homes that benefit from transportation improvements will outperform the market by an additional 10 to 20 per cent, he said.
What subprime crisis?
Don Campbell, Financial Post
Published: Saturday, September 08, 2007

Consider the source.


Anonymous said...

Ha, I see my old landlord on in one of the photos of buspeculators. He was trying to convince me to buy a house with rentable suite for 600k using an I/O loan about a year ago.

Anonymous said...

AHAHAHAHA. omg, your blog is fantastic!! Thanks for putting a smile on my face this morning!!!

Anonymous said...

bearclaw this blog is seriously good..squid