August 21 2017 Kitchener Waterloo Real Estate News Update

August 21

August 21 2017

Kitchener Waterloo Real Estate News Update


August 21 2017. In today’s news: Canada’s top-notch techies, horse walk door, Open Doors, The Netherlands, swimming pool construction, GDP, the longest bridge, Laurel Creek Trail.


You’re talented but you are cheap

A new report finds that the worst American tech employees are 57% more expensive than Canada’s top-notch techies. And, Canadian office space is a bargain too.

Horse walk door

A horse walk door leads to a narrow passageway through which a homeowner’s horse was led from the street to a separate carriage house or stable behind the main house.

Speaking of doors

Put this in your calendar. Open Doors Waterloo Region – the 15th Doors Open Waterloo Region. Who we are and what we do.

Life below sea level

Anyone who has ever tried to dig a hole on the beach is familiar with the problem: the deeper you dig, the more water flows into the hole. The Netherlands is like such a hole. Much of the land here lies below sea level, so they needed ditches, windmills,  sluices, and weirs to pump the water out.

Dancing like a mermaid

The high price of urban real estate and soaring cottage country prices have led to a surge in back yard swimming pool construction.

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Two Percent of GDP

Real estate commissions, land transfer taxes, legal costs and fees for inspecting and surveying homes make up almost two per cent of Canada’s economy. By comparison, agriculture, forestry, fishing and hunting account for 1.6 per cent of GDP, Statistics Canada reports.

What’s the longest bridge in the World?

The Qingdao Haiwan Bridge, near the Shandong Peninsula spans an incredible 26.4 miles, with 5200 pillars supporting it along the way. The bridge took four years to complete.

Laurel Creek Trail

Earlier this summer, I discovered the laurel Creek Trail. From Uptown Waterloo to Manulife near King Street and the Expressway it is an interesting ride with all kinds of scenery. The city has a network of about 200 kilometres of trails and multi-use pathways, but only two trails — the Iron Horse Trail and the TransCanada Trail — have any formal signage

Speed limits may be lowered to 40 km/h on Kitchener streets with sharrows

Sharrows are the green road markings with a bicycle and two chevrons that remind motorists and cyclists to share the road. They are on streets mostly in the downtown corridor and areas where there is not enough room for a bicycle lane to be installed.

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