I’m wondering whether anyone would continue with a purchase after learning that the government has announced plans to build a supervised injection site approximately 600 feet from the property they are interested in.
I just saw the announcement tonight and I can walk away from the purchase without losing any money (aside from the money spent on a home inspection) until 10 pm tomorrow night.
The property is in an area that has historically had a seedy aspect to it but has seen gentrification in recent years. I was interested in the property as it was reasonably priced and stands to benefit from considerable investment in the area (there are lots of towers going up and the government plans to build a multi-billion dollar LRT line to the area). Were it not for this injection site, I would be very optimistic about the area’s future.
So yeah, just wondering if most of you would back out or not.