It seems that Prince Rupert and surrounding areas could be a very wise choice in which to invest. Fuel prices are skyrocketing and we still need to get products from Asia to North America and back again. They have massively beefed up their port and they are almost at capacity. That alone is bringing in $2 billion annually to the area. From there, cargo can shoot straight across to the east of north america. It's just way better and cheaper for the big boys. It's very significant.
I expect the prices of real estate and businesses to begin to see growth in the very near future. They have been way, way down for the last 13 years or so, so I hear, so I'm sure someone with extra cash kickin' around would do well to put some there.
Further, it's coastal. Coastal is better and more beautiful, in my opinion. Look at the coasts of the world.
The original vision for Rupert was to be 'Vancouver' but the founder abandoned plans.
B.L.I.P. Heros
Sunday, June 29, 2008
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