property value per location
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Postmaster
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From: Kentucky
property value per location
In my state I have noticed over the last 40 years a oddity that I find puzzling....
In the cities /towns I have been in where there is a train rail system (even if the rails have been inactive for decades) the properties on the northern side of the tracks is always much lower and less desirable than properties on the southern side of the tracks. Why is that ?
In the cities /towns I have been in where there is a train rail system (even if the rails have been inactive for decades) the properties on the northern side of the tracks is always much lower and less desirable than properties on the southern side of the tracks. Why is that ?
Senior User
Joined: Jun 2006
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that's easy...the north side must be "the wrong side of the tracks."
Actually, it is likely a coincidence...probably depends on which side has what zoning, and will differ from town to town. I'm sure there are some here whose town has lower values on the south (or east or west) side.
Actually, it is likely a coincidence...probably depends on which side has what zoning, and will differ from town to town. I'm sure there are some here whose town has lower values on the south (or east or west) side.
Posting Guru
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From: charlotte nc
railroad tracks
In our city they are building a light rail system which everyone knows will only be used by a few people.The scam behind all of this is to get the public right of way around the tracks for future developement . That way the big business crooks running our city can make the profits and not the folks that own this land now.
Hotshot
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From: The hills of No. Calif.
There's aren't any tracks in my entire county, but the next county over to the west (where I used to live) has the tracks running north and south right through the center of town and there isn't a darn bit of difference between the two sides...it's all equally overpriced.
However, the south end of town is generally a lot sleazier then the rest of town.
However, the south end of town is generally a lot sleazier then the rest of town.
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From: Montreal Canada
Originally Posted by thefarelaneman
In our city they are building a light rail system which everyone knows will only be used by a few people.The scam behind all of this is to get the public right of way around the tracks for future developement . That way the big business crooks running our city can make the profits and not the folks that own this land now.
my grandma used to say "de grote dieven hangen de kleine dieven"
the big thieves hang the little thieves.
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From: NW burbs of chicago
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Which way the does the wind blow there Greg ?
If it blows from the south..the northern side of town would be heavier polluted and who would want to live there ?
If it blows from the south..the northern side of town would be heavier polluted and who would want to live there ?
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Hotshot
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From: The hills of No. Calif.
"Well, the south side of Chicago
Is the baddest part of town
And if you go down there, you better just beware
Of a man named Leroy Brown..."
Sorry, couldn't help it...just sort of popped into my head...(that sort of thing happens a lot!)
Is the baddest part of town
And if you go down there, you better just beware
Of a man named Leroy Brown..."
Sorry, couldn't help it...just sort of popped into my head...(that sort of thing happens a lot!)
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From: Kentucky
Good observation Dennis, you may be on to something here. Our winds come mostly from the south/ southwest...
I watched as the big city here grew from a small business district. It consumed the farmlands as it spread out vigorously back in the late 60's. I think I know what affected the "north side of the tracks" home property value at least in this city....
It was because the city founders started the industrialization of the maturing city, on the north side of the track. Therefore the smokestack/ smells from the factories would be on the upwind side of the city. ....
But even in the little railroad town of 1000 people I grew up in , the railroad tracks split the town that had no industrialization. The lower income people lived on the west side of the tracks, the do betters lived on the eastern side....
I think this observation was brought up in a lot of the 50/60's songs when a person was percieved to have come from, the "wrong" side of the tracks..
I watched as the big city here grew from a small business district. It consumed the farmlands as it spread out vigorously back in the late 60's. I think I know what affected the "north side of the tracks" home property value at least in this city....
It was because the city founders started the industrialization of the maturing city, on the north side of the track. Therefore the smokestack/ smells from the factories would be on the upwind side of the city. ....
But even in the little railroad town of 1000 people I grew up in , the railroad tracks split the town that had no industrialization. The lower income people lived on the west side of the tracks, the do betters lived on the eastern side....
I think this observation was brought up in a lot of the 50/60's songs when a person was percieved to have come from, the "wrong" side of the tracks..
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For 23 years I worked "right beside the tracks"
To the west was:
Pinecrest Poultry slaughter and packing house
To the North was the Shamrock Hotel
To the East was the Burns Meat Plant and stockyards
To the South was Canada Packers Stockyards,Slaughter House & packing plant
To the Southwest was Gyproc (Drywall) warehouse.
It didn't seem to matter what way the wind blew from.
But,If it came from the North ..the only thing I didn't do was........gag
NOTE: On the West side of the tracks past the Poultry Plant was also a low-valued residential area.
To the west was:
Pinecrest Poultry slaughter and packing house
To the North was the Shamrock Hotel
To the East was the Burns Meat Plant and stockyards
To the South was Canada Packers Stockyards,Slaughter House & packing plant
To the Southwest was Gyproc (Drywall) warehouse.
It didn't seem to matter what way the wind blew from.
But,If it came from the North ..the only thing I didn't do was........gag
NOTE: On the West side of the tracks past the Poultry Plant was also a low-valued residential area.
Cargo Master
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From: Concord NC
I second that, I'm from Concord and heard all the gripeing about the light rail I have built a lot of houses in south Charlotte and I have to say there aint no way I would live in that city , no offence.oh yeah how about the bobcat's arena that nobody wanted that all of you got 
Originally Posted by thefarelaneman
In our city they are building a light rail system which everyone knows will only be used by a few people.The scam behind all of this is to get the public right of way around the tracks for future developement . That way the big business crooks running our city can make the profits and not the folks that own this land now.
Elder User
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From: Springfield, OR
Sometimes it the elevation of the property thats important. Usually the higher elevated property is more valuable and may be on the favored side. The best example of this lately has been the lower ninth ward in New Orleans(Katrina) low and the French Quarter which wasnt touched(high and high priced).
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From: Calgary Canada
Originally Posted by Mil1ion
Which way the does the wind blow there Greg ?
If it blows from the south..the northern side of town would be heavier polluted and who would want to live there ?
If it blows from the south..the northern side of town would be heavier polluted and who would want to live there ?
Not to mention that since the mountains are to the west, so you get better views from that side. Real estate developers can use images like this to sell property on the west side.
[img]file:///C:/DOCUME%7E1/Default/LOCALS%7E1/Temp/moz-screenshot.jpg[/img]
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