Imagine you only lived in Toronto for 4 to 5 years and that was 15, 20 years ago.
What would you know about downtown Toronto?
The CN Tower, the University of Toronto, Ryerson University, Eaton Centre, the subway, the hospitals.
Those are the most famous landmarks in downtown Toronto 20 years ago and they are still the most famous today.
So you can't really go wrong picking a location close to any of these famous landmarks because they are history proven, right?
For us locals, we know that downtown Toronto has expanded so dramatically in the past decade.
Endless constructions, line up for everything, traffic jam day and night are all signatures of downtown Toronto.
With restaurant patios reopening, you might think that people are still hesitant to go out.
The truth is you need to make reservations at least 1 week in advance.
And restaurants keep expanding their patios to catch the demand.
Downtown Toronto will continue to expand and there are many rising neighbourhoods with excellent growth potentials.
But if you moved back to Hong Kong more than 10 years ago, it's hard to visualize the growth potential because you didn't witness the change.
So it's very natural for you to stick with what you know and what you believe and there's really nothing wrong with that.
You will always be fine picking a location close to those famous landmarks.
The only thing is that they will obviously be more expensive.
For most Hong Kong Canadians, they will pay the price premium to be in the most central locations.
You see, that's why there will always be demand in the most central locations.
When you're not familiar with the place or you're a new immigrant, you would stick with what you know, the famous landmarks, because history tells you that's the safest thing to do.
For local people, they are familiar with the city, they understand the developments and they can see further ahead.
So they are much more receptive about future growth areas.