Thank you for the tip, I will definitely have to put that into practise.
QUOTE (00donal @ Nov 7 2007, 06:58 AM) Hi Donnette,
as one practise might be to get into, call the economic development office of both cities and by a series of questioning determine which town you feel is making greater headway in terms of progressing their economy and job prospects for their respective city. For Hamilton, break down your query for the west and then the east, two different areas with many different things/developments happening. Ask yourself, am I more comfortable that this area has much job growth so that the reseidents of your property will have jobs for years to come and be able to buy in a number of years when you wish to exit, as well as a strong in-migration to the area.
This practise will beging to make you feel more comfortable with your own ability to choose area for investment.
Donal.
PS. note that this one technique is all covered in Don`s books as one of the steps to determine a "great area for residential property investment" under the "Goldmine Score Card" analysis.