19th November 2021

Your price is going (up)

posted in economy, Wx |

There it is! A forecast of iffy weather, with a lot of rain. Meanwhile, just across the way (the water), a promise of a full blown snow storm, with high winds and enough snow to require assistance. So, what will it be? The stretch of open water may be insufficient to  stop the snow swirl. Only a couple of days to go. Best get in some bread and milk, just in case.

On the other coast, things are far from over. I had a chance to read some more, about a huge pumping station that tries to keep the land from returning to lake. There’s risks involved. Power failure. Junk in the pipes. Reality requires keeping a very large, spare, electrical transformer on hand; if the pumps stop, the roads will revert to boats. Seriously, I had never thought about the disadvantages of building on a flood plain. We don’t “do” that around here. The ocean reminds us that you can’t plow the waves, at least not with purpose. And when we visited the area, we didn’t realize the history behind all those fields. I really should read more, before getting back on the roads.

The risks of buying a “not built yet” home are coming down hard in Ontario, after  a developer upped the price of a condo development by 20%. Faced by rising prices of everything, the word went out to clients that profits are more important than any contracted deal. And besides, if you don’t pay the (new) price, you forfeit your deposit (think large, in gangster terms).

This entry was posted on Friday, November 19th, 2021 at 19:05 and is filed under economy, Wx. You can follow any responses to this entry through the RSS 2.0 feed. | 259 words. Both comments and pings are currently closed.

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