Although much is made of realtors efforts to capitalize on market trends there is slim quantifyable justification for the substantive increase in commercial land values in the Toronto Market outside population increase and statute scarcity.  Lands that routinely sold for up to $1M per acre in the Toronto core less than 5 yerars ago, are routinely selling for $3 - $4M + in areas once thought of as mediocre; to poor locations.

In Blue Chip locations I have seen one acre lands sold in 2000 for $2M sell in 04 for $24M. This is an nice yield. I'd love to offer this opportunity as a standard option with our services: alas - no can do. Suprising: this 20 / 20 hindsight.

I submit the following: purchase any realty asset in the Toronto Market today. Make sure it pays for itself, Pay market value or even more -  in 10 / 20 years I doubt you will regret your decission.  All markets have peeks and vallies. What is substantive about this market is the fact that the world is knocking at our door. People from all over the world hold or would like to hold, Toronto in their hearts as Home.  

In contrast to New York, San Fransisco, Paris, Rome, our realty prices are close to free. The value proposition spread is and will continue to climb. For instance: 3 bedroom townhome in London City Proper, Analogus to say Scarborough Bluffs in Torontos East End where a unit would sell for say 200 - $250,000, in London England - $!.7M Cad.

In San Francisco - 2 bedroom viynal siding job - no lot ot speak of located in say an area comparable to Richmond Hill $770,000U.S. sold 2 years ago.  

Hence the traditional logic that has been engraved in the Granite foundations of our Realty market is skewing beyond all recognition. We now have lands in Milton commanding more value than lands proximate to the downtown core. We have lands in Barrie that derive value propositons higher than Toronto.  

I submit that as long as we offer Toronto as an blanced alternative to the fear and uncertainty experienced by many of our immigrants in their homelands we will prosper. If and or when we fail in this - we will suffer the loss of this boon, and much else.  

As the saying goes - we live in interesting times.