Got a project to propose for The Insiders? Contact Cara at caramia447 [at] gmail [dot] com In a sadly not atypical situation of our evolving borough, Keren Richter’s clients had bought what she called a “quintessential old brick townhouse” from a developer who had “completely gutted it, leaving no historic detail.” The space was “cold…
It’s Demographics, stupid – – House Flipping Guide
James Carville, allegedly, helped win the Presidency for Bill Clinton in 1992 with a sign in the campaign’s headquarters saying, “The economy, stupid”. Well maybe there should be a sign saying – “Demographics, stupid” – on our desks as well. Many in the economic, town planning and property space, including investors, tend to ignore or…
China plans to land astronauts on the moon before 2030, another step in what looks like a new space race
BEIJING China plans to land astronauts on the moon before 2030, in what would be another advance in what’s increasingly seen as a new space race pitting the Asian autocracy against the United States and its democratic allies. [–> The U.S. aims to put astronauts back on the lunar surface by the end of 2025….
Home prices have dropped by the biggest amount since 2012, but a looming threat may ‘erase any progress’ toward a healthier housing market
Home prices have dropped by the biggest amount since 2012, but a looming threat may ‘erase any progress’ toward a healthier housing market After bouncing back and forth for weeks due to conflicting economic indicators, the average mortgage rate climbed back up to 6.39% last week, according to Freddie Mac. “The economy remains on fragile…
Fraud charges laid after person posing as property owner caught collecting rent payments
The Quinte West Detachment of the Ontario Provincial Police (OPP) has charged an individual with fraud after investigating a person claiming to be a property owner of a rental unit. OPP explained that on May 9th, 2023 around 4:00 pm officers respondent to a residence in Carrying Place for a report of fraud. They say…
Realtor saw ‘lots’ of potential on Oxford Street in 1895
The Moffat property, consisting of 170 acres between Couchiching and Simcoe, had an abundance of gardens and pasture laid out into building and park lots Postcard Memories is a weekly series of historic postcard views and photos submitted by Marcel Rousseau. Some were previously published by the Orillia Museum of Art and History and in…
Historic Lefferts House Officially Reopens to the Public
The beloved Lefferts Historic House reopened in Prospect Park, as city green space stewards held a ribbon cutting over the weekend for the restored 18th century farmhouse museum. The reopening came after the museum, jointly operated by the Prospect Park Alliance and the Historic House Trust, underwent a $2.5 million renovation project to reinvigorate the…
Canada’s housing prices to keep climbing, says Royal LePage
Royal LePage is forecasting that the average price of a home in Canada will increase 4.5 per cent in the fourth quarter of 2023, compared to the same quarter in 2022. This revised forecast anticipates an earlier-than-expected boost in activity in major housing markets across Canada. The projection is included in the real estate company’s…
Rent hikes prompt calls for a rent stamp in Yellowknife. Would it help?
For over a year, Timothy Zoe-Martin rented a bachelor apartment in downtown Yellowknife at Aurora Suites. “I loved it, it’s about five minutes away from everything downtown,” he told CBC News back in February. He paid $1,500 a month for the unit, a price he described as “not terrible, at least in Yellowknife.” But Zoe-Martin…
Should I Fly First Class? Is First Class Worth It?
While the phrase, “Fly first class or your heirs will!” is one way to think about traveling in luxury, here’s how to know whether you actually should. PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined,…