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Top 5 most expensive housing markets

I was reading International Architecture & Design today, and I came across this little article:

The Top 5 Most Expensive Housing Markets
… for executive homebuyers working in downtown business districts (based on 2007 average prices). All amounts are in Canadian dollars.

1. LONDON, UK ($5.68 million)
2. NEW YORK CITY, US ($2.5 million)
3. VANCOUVER, Canada ($1.55 million)
4. SYDNEY, Australia ($1.4 million)
5. PARIS, France ($1.39 million)

My home town also ranked in the Top 10, at #8 with $850,000.

Damage Deposit

I just got an e-mail from my old landlord, saying that he has mailed me my damage deposit cheque of $300. The entire amount is going back into my EF. Hopefully I’ll have it back up to $3,000 by the end of the year.

Then I’ll just put the EF to the side and set up automatic deposits of $50/bi-weekly. That means I can start to tackle the Travel Fund and Condo Fund. Currently the Travel Fund gets $250/bi-weekly, and the Condo Fund hasn’t had anything deposited into it for months. :(

Apartment insurance sure is expensive!

I just went into BCAA to check out how much apartment insurance would be, and I was quoted $547/year. Really? I always thought that it would be around $20-25/month. $547 is really, really expensive … I’ll probably shop around to see if I can get a cheaper rate.

For those who are renting, how much is your insurance?

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