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

Holiday Travel Tips for Your Home

The festive holidays are approaching, and calendars are already filling up. Whether you’re staying with family around the country or taking an extended leave to escape the winter, you may be planning to leave your home vacant for more than a day or two. To ward against coming home to the wrong kind of holiday surprise, here’s what to do before you depart. Cheap Wi-Fi cameras Security equipment might sound high-tech and expensive, but securing your home against potential intrusion doesn’t cost much. For around $30, you should be able to outfit your home with WIFI cameras which are home assistant compatible. Shut the main water off Remember to shut off the main water supply if you plan to be away from your home for more than a day. In the event of a plumbing failure, your home could fall prey to serious water damage. Install smart water sensors in your basement Installing a smart water sensor in your basement can easily save a lot of money and worry. Some models will alert you to leaks a...

GTA REALTORS Release February 2025 Stats

Home buyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down in comparison to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers. “Many households in the GTA are eager to purchase a home, but current mortgage rates make it difficult for the average household income to comfortably cover monthly payments on a typical property. Fortunately, we anticipate a decline in borrowing costs in the coming months, which should improve affordability,” said TRREB President Elechia Barry-Sproule. “On top of lingering affordability concerns, home buyers have arguably become less confident in the economy. Uncertainty about our trade relationship with the United States has likely prompted some households to take a wait and see attitude towards buying a home. If trade uncertainty is alleviated and borrowing costs continue to trend lower, we cou...

TRREB MLS® SALES-TO-NEW LISTINGS RATIO FEBRUARY 2025