Phoebe Services

Ottawa Real Estate Board shows 2,402 residential properties sold in April, 164% increase over April 2020. Average home sale price was $734, 204, increase of 42% from 1 year ago. #Unsustainable Need to increase supply of new housing for both sale & rental...

SLOWER LOWER WEAKER might replace the Olympic motto of Citius Altius Fortius in the 21st century when it comes to electric aircraft. This one flies slower (less drag) in denser air (more lift). Plus, wing has cargo capacity. Cars too might be slower on #Woonerf streets.

When pandemic began, I thought office/retail FMVs would fall while industrial/residential held their own. Latter because people need a place to live; former because nations would have to re-shore production. Got it right except for residential where prices took off. #WhoKnew

I'm ready for the end of the world... here's the tool you'll need to rule the planet after civilization (and the electricity grid) collapses. #TheEndOfTheWorldAsWeKnowIt

While it's true construction costs in Canada are higher than the US (designing for +30 & -30 degrees Celsius is tough plus Canada doesn't have the sheer mass of the American supply market), it's worrisome that nearly 10% of GDP is going to the housing sector according to #Bloomberg