Monday, January 7, 2008
Canadian politics are truly unpredictable, and it is rare to find a leader that has served continuously in any capacity for a lengthy period of time. This can be particularly true in municipal politics, where hands-on campaigns mean that the grassroots truly has a say in the outcome of any election.
It is truly remarkable, then to find a mayor that has been in office as long as Mississauga’s Hazel McCallion. First elected in 1978, Hazel McCallion has held the title of Mayor of Mississauga for a continuous period stretching almost 30 years. Her most recent mandate was handed to her by Mississaugans in November of 2006, when she was easily re-elected to an eleventh term with 91% of the votes, at the age of 86.
As you might expect, Hazel McCallion has seen a lot change in the Mississauga area over the past thirty years, both in terms of technology and population. When she was first elected, the city was large for the time, with a population of over 200,000 people. Today, the city is among the very largest in Canada and even North America, with more than 704,000 people calling the area home. Factor in the challenges that arise from a population growth that extreme and the resulting pressures caused by transportation, pollution, and crime, and it becomes obvious that it takes an adaptable leader to keep things running smoothly.
Hazel McCallion proved herself equal to the task of running such a diverse city back when she was first elected, before the city’s boom. In November of 1978 a Canadian Pacific train derailed in the city. The train was loaded with toxic materials, and the entire city was placed under evacuation orders for health reasons. Predictably, the press, city officials, and others looked to the mayor’s office for guidance, and McCallion proved up to the task. The city amazed Canada and the international community by evacuating its entire population of 200,000 residents for a full week, with the accident resulting in no serious injuries or loss of life.
McCallion’s illustrious political career is the result of a combination of several factors. Unafraid to speak her mind and become involved in any situation, she raised more than a few eyebrows during her tenth term in office when in April, she talked a man out of committing suicide after a five hour stand off.
In addition to her outspokenness and her forthrightness, McCallion has stalwartly refused to endorse any one of the several Canadian political parties which run on the provincial and federal levels, in order to better work with whatever person is elected to office. She is also credited with ideas of government that were well before her time, running the city as one would a business.
There are hundreds of condo listings in Mississauga, and trying to get yours found by buyers may prove difficult without a qualified real estate agent to help you.
Why the Real Estate Market beats Stock market
The concept of the doubling time of money has been applied by financial planners to the stock market for years. It is the Rule of 72 which states that whatever your return is divided by 72 is the amount of time it takes to double your money. Example: 12% return doubles in only six years. However, very few combine this with the concept of leverage which is borrowing money to enhance a return on investment. For example, 10% increase on a home that you put 10% down is a 100% return. If you put 20% then it would be a 50% return. $40,000 on a house that sells for $400,000 and it appreciates over a year or two to $444,000 then you have doubled your original investment.
Now, take a magazine for example. You probably understand that their selling costs are 6% and taxes 20%. Let’s take a look at what it really takes to net 10%. The house would really have to appreciate 16% so that is $464,000. You net $40,000, but the government takes $8000 of that so you need $8000 more or $472,000 to truly net 10%. Then you have doubled your money. How long does this appreciate take? Well it could be one year or five depending on how good a real estate investor you are.
Most people really have not put this into a financial plan to figure out how long it would take to get X number of dollars, while some financial planners will tell you, that you can’t be sure of the returns (which is true) but don’t let them fool you. You can’t be any more certain of their returns in the stock market.
I hope this has been helpful. Feel free to contact me if you have any questions.
Sincerely,
Glenn
Glenn Wilbor is President and owner of California Equities, a nationwide Wholesale Mortgage Company that has had a presence in the downtown San Diego area for more than a decade. Glenn and his company specialize in residential and commercial mortgage finance, real estate and development and have been instrumental in influencing the look of the San Diego skyline. For more information about California Equities, refinancing and development with Glenn or employment opportunities, please visit www.CaliforniaEquities.com or contact Glenn at glenn@CaliforniaEquities.com.
Real Estate investment
Real Estate investment
The point of this article is to help you to the next level and show you what this amazing subject has to offer.
When you are first initial out with investing in houses, you should forever look for repulsive or bad houses that indigence a lot of work. These homes are greatly cheaper to obtain, while they will take some work to further. You should surprise out by looking for houses that indigence some work, such as good up, painting, and in some gear new carpet. You don�t want to buy something too run down, as it could sacrifice a affluence to darn.
If you think of manually as a handyman and feel that you can do the darns manually, you can rescue a lot of money. On the other hand, if you indigence to hire superstar, you should forever make steady that the individual or crowd that you hire is skilled to do the darns. If you aren�t comfortable with burden any of the darns, you should question about a subcontractor or crowd that will do it for a reasonable cost, or perhaps a portion of the money once you have resold the house.
If the house you are thoughts to obtain and resell has any category of structural evils, you should forever get an quote from a unfailing contractor before you make the obtain. If you conclude to break in the thing, you�ll learn a lot more over the living, while you should forever hire a contractor when you first surprise out. Once you get all of the quotes together, you can make that decisive judgment on how greatly of an agreement you want to put down on the house.
We have just reached the tip of the iceberg, as the remainder of this article will help to further your understanding of this complex subject.
After you have a squad together and successfully renovated and resold numerous homes, you�ll create to feel fairly a bit more certain with trade homes that indigence darns. All it takes is time and prepare - and you�ll be trade homes that the mode sponsor wouldn�t think twofold about. This can be a titanic help when you are looking for homes to buy and resell, as there will be minus competition to agonize about. You�ll also be able to get a drop cost when trade the home, minimally because you can use the sacrifice of the darns to your help.
Once you are able to do darns on homes, counting structural evils, you�ll have a titanic help in the sell. You�ll be able to buy nearly any home, counting those that other sponsors indicate to snub. burden so can be very profitable for you, especially if the house is in a well known and well beloved neighborhood. After you have done the darns, you can resell the home for a greatly upper cost than you salaried to acquire the home.
When you surprise looking for houses that you can darn and resale, you should forever take your time and buy the right homes. You won�t have the money, time, experience, or hold to buy the better houses at first, which means you won�t have any extent for mistakes. Once you have obtaind and resold a few lesser homes, you�ll eventually be able to work your way up to the better homes - which is where the big profits will come into play.
forever keep in view that when you first surprise out, you�ll indigence to take clothes lingering. You can presume profits to come overnight, as it will take you some time to learn. Once you have been at it a few living and have numerous houses to your position, you�ll be keen to tackle something. At that moment - you�ll make a lot of money in a career that is honestly exciting.
If you have found our database of information on this subject useful, read some of our other topics as well.
Lars Jensen runs a danish site about real estate in Denmark at Boligsalg.
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