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********. They just didn't get wages and pensions. My aunts laid floors, made furniture and draperies. My cousins did what they were told to help out, little guys being the carpet "kickers". My uncles may have owned the businesses but the women who married them made them the families and into businessmen.
self abuse
and it all goes to the eldest son, even if they were twins and born minutes apart.
Scotch Block reservoir was a great place to take my son fishing 35 years ago. Great memories!
The baby boomers are inheriting a trillion dollars.Gee,i wonder what they will do with it?
Grow the lawn mowing if possible and dump the "normal" work. If you do a good job, it's amazing how much money (much of it cash) that a lawn-mowing business can generate. Keep up the hustle.
Having not lived through the 70s and 80s I can see how you might have trouble with these figures. You chose a data set that reflects women in the workforce age 25-50, not the demographic range associated with first time home ownership.
Pardon me? Who do you think cleaned houses, worked in restaurant kitchens, the sewing factories, meat packers, and handled operations for family businesses? Next time you see an 80 year old woman strolling thru Greektown or Little Italy, ask her how easy it was in the 50s and 60s -- then shake her hand (prey she doesn't crush yours).
My aunt worked in the knitting mills in Toronto. She learned ASL as it was so loud in there that the majority of the machine operators were hearing impaired/deaf. After she learned ASL she became the supervisor. She was alone her entire life and bought and paid for a semi in Scarborough with no help (now she also avoided expenses like kids and for most of her life a car).
When Aurora went public in 2016, the average TO house was $680K, you needed $34K down. If you invested $34K into Aurora, you would have equity of $152,923. If you chose the house, you would be slightly ahead with equity of $154,001.
Vacant land at least rural has little value unless there is a house on it. I hope no one thinks that expenses like taxes, Condo fees etc aren't being paid through rent payments.
Across the street I grew up on in Bramalea so about 1970. 2 immigrant families moved in across the street. Shared the house. They came from England. Came here with nothing and shared the house and saved.
Except if you take vacant land and put road hydro water and sewage facility on it you just increased it's value significantly
assuming it is a decent site for camping a future home or to park a trailer.
True you just added value. Add a house = more value. Problem with vacant land is it cost more to build a custom home then to buy one already built. Assuming the owner isn't adding their own sweat.Except if you take vacant land and put road hydro water and sewage facility on it you just increased it's value significantly
Plus if you sold your equity in Aurora you would pay capital gain tax on half the increase. If you sold the home (assuming it was principle residence) zero tax paid on gain.
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