July 24 2017
Kitchener Waterloo Real Estate News Update
July 24 2017. In today’s news: crash, correction, capitulation, Mount Sunflower, moving day in Oz, soft home prices, world’s smallest country, how many steps and stairway trouble.
Crash, correction or capitulation?
If you are only going to read one thing today, read this. Way back in ancient Rome, there was a politician and entrepreneur name Marcus Licinius Crassus. He’s known as the second richest man in the Ancient Roman Empire, and the guy that took down Spartacus. A little known fact is he made most of his money by owning a fire fighting service…Ok. Now the real estate connection.
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Nothing ever happened there
Mount Sunflower is the highest natural point in the state of Kansas. The state gradually increases in elevation from the east to the west. As such, “Mount” Sunflower, while the highest point in the state in terms of elevation, is virtually indistinguishable from the surrounding terrain.
Ute-less Ozzy mover takes the train
Australian men were caught on camera using commuter train to move furniture. The man moving the fridge wheeled it on a trolley onto a train but was soon discovered by transit officers, who fined him $250 for his over-sized item. He was also fined for fare dodging.
US scientists amassed data from peoples’ smartphones to see how active we really are. The Stanford University analysis of 68 million days’ worth of minute-by-minute data showed the average number of daily steps was 4,961. Most step counting apps shoot for 10,000.
Trump isn’t bad for Silicon Valley
Investors are worried about Trump’s immigration policies, but they don’t see Trump as a major threat to Silicon Valley.
Expect home prices will be soft for the balance of 2017
Despite double-digit year-over-year increases in the second quarter, buyers have been standoffish since the province introduced its fair housing tax on April 20.
What is the smallest country in the world?
It may be the smallest country in the world but their boarder control is non-existent.
Completely out of whack with reality
A man who spent $550 building a set of stairs in his community park says he has no regrets, despite the city’s insistence that he should have waited for a $65,000 city project to handle the problem. The city is going to rip them out and replace them.