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PARADE OF HOMES By MACK PARLIAMENT Director of Publication Canadian Real Estate Association If urban growth continues at the pace that has marked the last century as Canada changed from an agrarian to an industrial country by the year only 5 per cent of the population will be rural dwellers At present 30 per cent of the population falls into that category the remaining 70 per cent are city dwellers Despite its almost million square miles of territory unlike the United States Canada Is not a nation of several large cities In fact If present trends continue of the per cent of the population who would be living in cities by the year most of them would be concentrated In three or four large centres like Montreal Toronto and Vancouver and to a lesser degree in expanding cities like Calgary This trend has had a marked effect on the price of houses in the large cities affected by influx people from rural areas and smaller centres As the population of the urban giants increases so does the price of houses The reason is not difficult to find As land surrounding these centres becomes scarcer its price increases and it is not uncommon for the price of the lot on which a house stands to represent 50 per cent or more of the house lot package price It Is an elementary economic law that scarcity exerts upward pressure on the price of commodities Therefore It is easy to see why houses in Vancouver are much higher than the national average It is between the ocean and the Rocky Mountains making whatever land that is available an extremely valuable commodity Toronto likewise is waterlocked on its southern border making land inside the city and on its northern border more valuable as vacant land within the city becomes rapidly depleted Calgary is also experiencing growing Kins and this city with Toronto and Vancouver ve the highest average house prices In Canada The now familiar problems associated with urban living are going to multiply especially if Canadian cities follow the pattern of many large S cities Marcel federal minister of regional economic expansion predicted in a recent speech Jobs and more house construction follow the concentration of plant locations and so the big cities get bigger and said the problems of congestion pollution personal alienation serviced land shortages housing problems and social unrest are inevitable Meanwhile the population of many small communities across Canada has been falling as Some face the threat of virtually extinction Property values fall as people move away and though there may be bargains they are not matched up with em opportunities But they may be bargains for retired couples or families prepared to commute In an attempt to turn the tide so that the present projections for the year won become a reality the federal government has for some time intervened to try to better balance economic growth There has been a concentration of plant locations in large urban centres to the point where Southern Ontario for example accounts for almost half of all Canadian employment and output in manufacturing industries said These activities are expanding in that area at rates greater than those prevailing in the country as a whole Many examples of government in to encourage development of different parts of the country are a part of history But recent intervention according to been designed to greater freedom of choice for individuals and to Increase the op portunities available to Canadians to work ia different regions at different jobs offering long term security and income stability In short the aim of the federal government is to encourage small communities w grow and if they have the potential to do so Of course taxpayers money is spent to accomplish the government objective In constructing roads sewers piers and other necessities for Industrial growth But argues that It may be more costly for society to have plants locate near an existing large centre because new schools community centres and other necessities and amenities must be put in place to accommodate the expanded population created by the new job opportunities Coupled with this are Increased land costs not Just for the newcomers but for everybody The land costs and regulations often make it more expensive to build the facilities in large urban centres Meanwhile schools community centres and other facilities in slow growth centres are underutilized He gave as examples of government in tervention a federal provincial project to develop a steel complex in Regtna a joint provincial federal venture to develop a new industrial park in Cornwall a plywood plant in McAdam New Brunswick and another joint project to establish a bleached kraft pulp mill at St Quebec department has spent more than billion to have roads sewers schools and industrial parks put In place in slowgrowth areas to attract Industry Whether history will that the demographic projections for the year will in fact become a reality only time witf tell REALTY LTD REALTOR HOME OF THE WEEK COUNTRY COSY How about a acre with lots of mature trees not 5 minutes from Georgetown This cosy bedroom home has a finished rec room and 3rd bedroom downstairs large broadloomed living room even appliances so you can move right In A gar delight with all the room you would ever How about It Right now 877 JON Z0RGE REAL ESTATE Inc Realtor 8770155 4572624 SOMETHING UNIQUE Located high on a acre rlverbank lot minutes of Georgetown this comfortable custom planned builders home features semi circular 36 ft llvlnflroom full length balcony dream kitchen all modern conveniences plus other Items too numerous to mention This property has to be seen to be appreciated Just listed at NEAT AS A PIN Immaculate 3 bedroom bungalow with large kitchen roomy Lshaped living and dining room finished rec room paved drive Don miss this one Only BIG HOME LOW PRICE Four bedroom split level design with sunken living and kitchen area extra washroom large basement Real value for your money old and only YOUR OWN CHRISTMAS TREE Freshly decorated 3 bedroom home bright kitchen and completely finished basement Quiet street close to schools and shopping Flexible financing asking WANTED A handy person to buy clean and fix this old country store for commercial or residential use Generous amount of elbow grease Is recommended but the results will be worth It Great location for antique or furniture emporium ENJOY COUNTRY LIVING IN TOWN SELECT YOUR CHOICE LOT NOW MULLEN PLACE offers too ft frontage lots underground services town water paved and curbed Cul Sac only minutes from shopping Plaia and GO train COUNTRY TOWN This property ust of Georgetown boasts a brick and stone bedroom home with large living area high and dry basement and excellent water supply old and only 57900 MUST BE SOLD Downtown commercial property ft rooms Including owners or caretakers quarters Indoor swim pool gym equipment and sauna Owner will look at any offer tm TERRIFIC MINI FARM We listed this acre property completely fenced with barn box stalls and paddocks The seven year old 2 storey brick home Is In spotless condition has bedrooms ground floor laundry and family roams and also fireplaces Just of Brampton See this one to day 8770155 4572624 10 Mountainview Rd Georgetown CORING 877 SALLY REED VICKY LUKAS WARREN CRAWFORD AUDREY 8774157 ANNEPETO JON ZORGE 877 SMS BONNEVILLE REALTY LTD HAZEL MM DONNA ADAMS REALTOR BIO BOLD AND BEAUTIFUL bedrooms split In show room conditio baths large I vino room dining room and overlook ng beautiful rev lot Super percent mortgage like rent libotooiote Coll WINTER WONDERLAND BgS level spit bedrooms 4 baths family deal TOO Vendor II assist In financing What a g It for a merry Christmas ROOM FOR REINDEER And the rest of family too or lot Hang your stockings It f replace Party away In the la room bedrooms double the Christmas trees are freol SLEIGH BELLS ARE YOU LtSTENINGI bedroom side split In Acton Main floor family room backing conservation park your sleigh In the garage percent mortgage Fully detached and only IS 900 percent down CUTE AS A BUTTON bungalow In showroom room dining room and eat In 1 porches and fully detached a price of 147 Carries MIS PI delay call today GET STARTED NOW Look or a home of your own not out of luck i Well you cozy large i finished rec room backyard Home Call us today VHERE ELSE Can you buy bedroom detached bungalow at the low price of Super big lot backing onto conservation and fenced 10 percent down to qualified purchaser Call for a GROW YOUR OWN CHRISTMAS TREES On this acre lot Trees streams view All you need now la a dream A great place park your gh Call 877 PRIME COMMERCIAL You may bo open lor the Christmas rush you could make the January sales Oilers excellent opportunity for apartments and stores tenants I able Call Lots YOU SEE you ever wanted In a home of rooms IncludlngSbedrooms living room room huge kitchen and a 19x17 rec room Extras pool and water softner fridge in basement and one In pool house All on a 7a lot Call COT A GREEN TMUM8I properly large greenhouses This year old solid brick village set home also has a car healed garage and a separate rs apartment your hobby plus an Income ONE OF A KIND You won Hind many thlsslicat Lot Is clear I your homo Idlng touches Your offer day could have you building by Call 877 0173 Canada Trust 8779500 PUT YOUR MONEY TO WORK on this Three bedroom storey h large spacious lof Ask ng 900 DOWN Completely fin shed and beaut fully main la nod Ihrce bedroom home on a quiet crescent Extra large fenced lot with mature rocs Included In the purchase price are washer dryer and refrigerator Asking 00 a pony i a hobby shop town and on 401 Four bedroom storey genu no cookstove to I ho country 900 EXECUTIVE You could bo the proud owner of this 3 bedroom home eat and separate din no room Brick f replace I room Large family room pee washroom and walkout to beautiful treed lot Attached garage Asking COMPLETELY FINISHED Attractive Four bedroom raised bungalow with extra washroom In basement Large fenced yard with lots of trees and a patio Spacious garage thai could be used lor a great workshop Quiet court location walking d stance to plain and schools 144 WATSON R I MANAGER MAIN ST ONTARIO TORONTO LINK ASK ABOUT OUR BRIDGE PUN REAL ESTATE INSURANCE LIMITED 122Guelphst Georgetown TERRA CTTTA On Credit River Located in Terra Coita the property Is ft deep and Is truly beautiful well treed lot The large homo Is storey stucco thai requires renovailon and remodelling The price is what you would normally expect to pay for the land only Asking 150 AREA 1 acre In area 125 well treed Ideal location for a prestige home CAttPON 17 ACRES What seclusion this well treed 17 acres offers with over low ft frontage and great possibilities for large lake a very piece of property Interested Call and we llshowlttoyou OFFICE OR 877 BURNS IRENE CURRY MIS LLOYD HUNTER HUGHHUNTERAACI APPRAISAL MANAGER ml