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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (61629)3/2/2010 8:28:13 AM
From: Cogito Ergo Sum  Respond to of 217749
 
Seeker,
First I said pleading poverty.. not going bankrupt..

However there is a forest of construction, condominiums, office buildings. The city is collecting its taxes and can expect more income when all those Is a poor gauge IMO.. Dubai comes to mind..

Demographics are changing in Toronto.. Older and childless couples are moving downtown, business is moving out..The suburbs (905) will not die because business is relocating there. That is a big falsehood about the death of the surroundings of Toronto.. put forth by those who see the commute as a suburb killer... The car commute will die or at least shrink but Toronto will be the loser there. Until the transit system is improved the only viable replacement to the car commute is via Go Train to certain locations.. I've been in Toronto for 20 years and only a handful of subway stations have been built so far in all that time.. and they serve an area where most have multiple cars.. not good planning... it should have been extended much further east by now.. why not ? no money ?

The older suburbs which were once Scarborough, Etobicoke, East York and parts pf North York will suffer, but North York less so being centred on the Yonge corridor will do better.. They are all Toronto now post amalgamation.. I'm sure you are aware of the famous Metro Toronto plan to put much of the subsidized housing in those old suburbs.. interestingly surrounding the old city of Toronto like a ring.. so that certainly skews the Toronto downtown view..

The infrastructure in Toronto (water and sewers and even Internet delivery) are in dire need of repair.. Should have been done years ago ? Why not ? no money .

Depends on your circumstance.. I have a 10 and 17 year old.. The municipal and school pools have been closing for years.. more bit the bullet this year.. My daughter had a music programme starting in grade 5, my son now in the same school has none... no funds.. Now we can afford the extras cost of private lessons.. can everyone ? Why ? No money.

Everybody and his brother wants to live and operate in the city I disagree.. As you well know the headquarters came here by way of Quebec's folly with the Party Quebecois.. not because Toronto (Hogtown) was a vibrant place.. BTW... look at how many schools are closing in Toronto in the next few years.. Toronto is becoming a community for the old and childless.. not a good sign..

Services like road repair and garbage collection are shadows of what they were in my area post amalgamation.. which was really done to bail out Toronto.. but is just sucking down the old burbs now.. Look for property taxes to rise dramatically.. The signal has been made. I remember Miller getting elected on his 'broom' campaign.. Seems he put it in the closet right after getting in... why ? No money ..

There are still a lot of advantages here for my case.. but I'm not poor.. certainly not well to do .. but I can pay extra.. and the extra is going to get a lot bigger... for homeowners and business.. The 905 suburbs are growing fast.. not dying... The dying suburbs are part of Toronto..

TBS



To: Seeker of Truth who wrote (61629)3/2/2010 8:54:22 AM
From: Cogito Ergo Sum  Respond to of 217749
 
BTW.. I live in a nice east end neighbourhood with many 600K (majority) plus homes (not mine LOL).. and a few to a million.. If I never left my neighbourhood my view might be different to be fair.. We have nice parkland, Col. Danforth on one side and the West Rouge on the other and walking distance to GO and waterfront.. but we are lucky...:O)

TBS



To: Seeker of Truth who wrote (61629)3/2/2010 11:08:27 AM
From: elmatador3 Recommendations  Read Replies (2) | Respond to of 217749
 
one of the world's most generous pension systems - at least for some - a behemoth that sucks up a third of government spending and stunts Brazil's economic potential even though it is still a young country in demographic terms.

Without politically difficult reforms, the growing burden threatens to sour the success Brazil's economy has enjoyed under President Luiz Inacio Lula da Silva, who will step down after the presidential election in October.

That is because Brazil, a country long associated with youthful beauty, is entering a period of rapid aging that will change its face. The number of Brazilians over 60 will jump by more than half over the next 15 years to around 32 million.

Youthful Brazil faces challenge of rapid aging
tvnz.co.nz