The Caernarfon Herald this week reports an investment opportunity that I may find hard to resist, and I have Plaid lead Gwynedd Council to thank for my current dilemna. It seems that flats in the new, and endlessly debated, Victoria Dock development will soon be available and I will only have to find £690,000 - yes thats nearly seven hundred thousand pounds - to take advantage.
I may need to lower my bedroom matress nearly three inches to grab this golden opportunity !
Any way up above is Rhodri taking a look at the site back in May - perhaps it was the £690,000 that caused the heart scare !
On a more serious note this situation stirs several thoughts.
Firstly when and where will the affordable housing pushed by Gwynedd Council and, we are told, that has been promised in exchange for this development site be delivered ?
Secondly will other homeowners have cause to celebrate as these prices filter in to the local housing market ?
Thirdly if I am forced to hold back my investment due to stock market uncertanties can the project survive ?