Announcement 1: The Secret Life Of Michael Ross

Duane,

Thanks for linking to those articles.

I don't know that a Study is needed to find this info. out. Just observation over time. Unless you call my Observation, or Gordon's and now Yours a Study.

Anyway. While the Map is interesting, it's only about Train Lines. And down here, Residential property is generally worth Less when it is Next to train lines.

Best position is Near something but Not Next To it. A couple of blocks away from a shopping center but not next to it. A few blocks away from train lines and station but not next to them. A few hundred yards to a mile or so from a Major Highway/Motorway/Freeway/Whatever-You-Call-It but not next to it.

In this way we have the Convenience Without the Headache of it. And by being slightly away from it, If at some point in time the road needs to be expanded, your property is not likely to be in the resumption zone.

Of one of the places which I identified - yes, I do have investments in those areas so am putting my money where my research is - the Artery is in the process of being upgraded. Eventually the entire road but for now a major merging zone where another main road connects.

Anyway. Right next to this Artery is a Service Road. When the Artery is expanded the service road will be gone, as will homes along it.

At the moment one guy has Refused to sell. Reckons the govt didn't offer him enough money. So he has taken it to write signs on his fence and on his roof. Calling it Theft By Law and asking for help due to his poor offer.

Thing is, at the time of his offer it Was good. Also, ALL property sold has one encumbrance... the govt (In Aust). This encumbrance grants the govt the Right to take your property away - check your title and you'll see it there. As it's part of buying, this fellow bought with this encumbrance on the title and is now complaining about it because it is being enacted.

This is generally prevented when you buy Near By but Not Not To main thoroughfares and other infrastructure.

Michael Ross