Monday, October 28, 2013

Suburban Sprawl

“The annual cost of owning an extra car for 35 years could buy more than $570,000 of RRSPs — more than the vast majority of Canadians in their 50s have saved for retirement,” Suburban Sprawl: Exposing Hidden Costs, Identifying Innovations
Dave Thomas, a University of Ottawa-based 
research network and author of a
new report called Sustainable Prosperity writes about the big move to the suburbs becoming increasingly more expensive for reasons such as the amount it costs to run your car, not only to get to work, but to reach other necessary destinations such as the grocery store.
There are some interesting facts and figures in this report which describes a point of view many don't consider.