Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Boston Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

6
Posts
5
Votes
Javon Williams
  • Rental Property Investor
  • Boston, MA
5
Votes |
6
Posts

The MBTA commuter rail affect South Coast (Boston area)

Javon Williams
  • Rental Property Investor
  • Boston, MA
Posted

Whats is up, BP!

I've been following the MBTA plans for some time as an avid commuter. The MBTA will be expanding its services to the south coast to towns like Taunton, Fall River, & New Bedford. What I would like to know is how will this affect those towns? AS a commuter myself I understand the importance of access. Also, how do investors look at this expansion? What are your thoughts on this project? Good or Bad? For those of you who may not know about this project, I attached a quick link to the map to give you a better idea of what I'm talking about.


Happy Investing Everyone!



https://www.mass.gov/files/documents/2019/05/23/dot-scr_Full_Build_CorridorMap.pdf


Most Popular Reply

User Stats

2,251
Posts
1,655
Votes
Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,655
Votes |
2,251
Posts
Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied

It's a positive development for the community as habitants of the towns as well as home values. From an infrastructure standpoint it lessens the load of the highway traffic allowing locals to commute with more ease. The home values do generally increase as result because then these towns become more desirable in spite of the distance because the train would mitigate those problems. 

Economically it would bring in another stream of revenue for the city/towns and allow its citizens to get to Boston area jobs where wages are higher and bring it back to that community to inject economic spending. 

As a result of those macro benefits, investors will start to pay attention to the towns as they're becoming more gentrified and more attractive to rent and develop. In that you will see the real change. 

I would follow the trains and figure out what's the state's next plan of action and get ahead of the curve. I think there's a lot of appreciation benefits and more protection in towns with highway and public transit access even in the down economy. No matter what market condition, you need a job to make money and a home to live in. 

Loading replies...