The rising cost of parking In the last decade or so the price of a Calgary parking spot has increased by 233%, according to Colliers international. Toronto prices have gone up 130%. The median price for a monthly spot in downtown Calgary today is $453, and Toronto is $336. But relative to other urban areas around the world… Read More »
Earlier this week Detroit, Michigan filed for Chapter 9 bankruptcy protection. If the filing is approved then basically it means the city’s assets are protected from debt collectors. If a person buys a home or a car and is delinquent on their mortgage payments then the lender has the right to evict the person and sell the house… Read More »
Earlier today Loblaw Co., Canada’s largest grocery chain announced they will buy Shoppers Drug Mart, Canada’s largest pharmacy chain. The executive chairman of Loblaw (L:TSE,) Galen Weston, said this would create opportunities for brands from the two chains to appear in each other’s stores, and that the merger would give Loblaw greater buying power for health and wellness products.… Read More »
New York City is known for its expensive housing. There is even a political party called the “Rent is Too Damn High Party,” which received tens of thousands of votes in the 2010 election. Well the average monthly apartment rent in NYC has finally broken $3000 for the first time. Some neighborhoods, especially in the Manhattan area, homes… Read More »
If you drive here’s an easy way to save some money. One common problem that faces many drivers is finding parking space. Over time I have developed a very simple strategy to quickly find an empty space in a somewhat crowded parking lot. It’s pretty obvious but here it is anyway. I basically go for a stall that’s… Read More »
Last month at this time I mentioned I had $15K ready to deploy for the downpayment of my second farmland. Each farm produces 2 rental cheques. Once in the spring/summer when seeding occurs, and the other cheque gets deposited in October when the crops are harvested. As luck would have even though the second farmland isn’t legally mine… Read More »