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View Poll Results: University in Milton
Stay things will be fine 2 100.00%
Get out and don't look back 0 0%
Move to the other side of Milton 0 0%
Just rent and buy else where 0 0%
Multiple Choice Poll. Voters: 2. You may not vote on this poll

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  #1  
Old 2014-10-28, 01:40 PM
bnanton bnanton is offline
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Location: Milton
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Default University in Milton - Should I consider moving ??

Hey Guys, I am sure some of you live very close to Derry and Tremmaine.

Now with the university coming in 5 yrs should we be weary of a ton of rentals and an overall down fall for family living ? My brother went york for a couple years and it is pretty much a ton of chopped up homes that are not well maintained and not a good place to raise a family. Granted the property value will increase it really does not matter when it is no longer your home.

Are any steps being put into place to protect the community for the influx of students and possibly university housing ?
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Old 2014-10-28, 05:17 PM
WellThatsLovely WellThatsLovely is offline
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Normally new universities have provisions for on campus accommodations for all of their students. If anything, it might be an advantage to be able to send your kids to university without the added expense of housing.
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Old 2014-10-28, 05:34 PM
bnanton bnanton is offline
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That is really a positive approach. My oldest is 6 so we have a long way ahead. But yes that is a huge benefit however is anything being provisioned to avoid a downfall in the direct neighbourhood ? I can only imagine what the towns at the corner of Derry and Tremaine would look like 10yrs from now.

The only way this would not impact the direct neighbourhood is if the university subsidizes housing to the extent that it would not make financial sense for an investor to buy an rent as they payments will not cover the mortgage.
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Old 2014-10-28, 05:52 PM
WellThatsLovely WellThatsLovely is offline
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That's kind of how it is now but existing universities just don't have enough housing so students have to rent off campus. On campus residence and their meal plan is usually way cheaper than renting but they prioritize who is most deserving.
Also, with the cost of tuition going up an average of 5% per year, the average house will be unaffordable with OSAP unless 20 students all chip in.
Check out the new university in Oshawa. They've had a college for a very long time and a university for about 10 years and they did ok
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