Skip to main content

Organized Car-Sharing

As the weather warms up, lets talk about ridesharing! We've all has those nights on the patio with a couple drinks with our pals. So here is some information on how to safe safe and have fun. If you live or near an urban district, you're probably aware of one or more companies providing "car-share" arrangements that offer members access to a network of personal-use vehicles on a temporary pay-as-you-go basis. Though annual fees are often required, they can provide eligible members with insurance coverage, and may even pay for fuel. Beyond the bigger national or international brand-name companies, there are also local co-op car-sharing organizations and independent consumer groups that are growing in popularity. With smart technology, tracking and maintenance can be monitored easily and accurately, and user-payment can be made conveniently. 

It's a rational market response to the rising cost of car ownership, and a practical approach to addressing the obvious waste of road-ready automobiles that are depreciating while parked unused most of the time. Shared ownership programs can have further significant longer-term effects. For example, if such a trend continues, the density of newly-built neighborhoods can be affected, as fewer families require multi-vehicle garages. This can also affect older homes and high-rises, as existing homeowners and condo corporations find more creative uses for unused parking spaces. 

Comments

Popular posts from this blog

GTA REALTORS Release March 2025 Stats

Homeownership in the Greater Toronto Area (GTA) became more affordable in March 2025 compared to the previous year. On average, both borrowing costs and home prices have declined over the past year, making monthly payments more manageable for households looking to buy a home. “Homeownership has become more affordable over the past 12 months, and we expect further rate cuts this spring. Buyers will also benefit from increased choice, giving them greater negotiating power. Once consumers feel confident in the economy and their job security, home buying activity should improve,” said Toronto Regional Real Estate Board (TRREB) President Elechia Barry-Sproule. “Given the current trade uncertainty and the upcoming federal election, many households are likely taking a wait-and-see approach to home buying. If trade issues are solved or public policy choices help mitigate the impact of tariffs, home sales will likely increase. Home buyers need to feel their employment situation is solid before ...

New Listing - 32 Cambridge Avenue

***Perfect Playter Estates Semi In Prime Jackman School District*** Bright & Spacious 3 Bedroom Semi, Open Concept, Updated, Hardwood Floors Thru-out & Bonus In Law Suite In Basement. Very Rare 2 Car Parking, Steps To Subway & Danforth.

New Listing - 12 Feldbar Court

***Wonderful 4 Bedroom Executive Style Home In Prime Willowdale East*** Bright & Spacious, Terrific Flow, Generously Sized Rooms, Hardwood Floors Throughout, Multiple Walk-Outs, Finished Basement, Double Car Garage & Bonus Main Floor Office. Lovingly Maintained By Long Time Owner & In Pristine Condition. Awaits Your Designers Touch! So Many Options: Move In, Rent Out Or Renovate To Taste. Steps To Parks, Schools, Shopping & TTC. Earl Haig School District.