what will the green shift do to real estate prices?

[Stephen1151]

Hi...im worried about what a carbon tax do to real estate prices in alberta. I own a house in GP and im worried that a carbon tax would be simillar to a nationalizing of out energy.
Is this a legitamate concern?

 

[EdRenkema]

QUOTE (stephen @ Oct 10 2008, 12:38 AM) Hi...im worried about what a carbon tax do to real estate prices in alberta. I own a house in GP and im worried that a carbon tax would be simillar to a nationalizing of out energy.Is this a legitamate concern?

The carbon tax is like an NEP for all Canadians. There will be an extra surcharge on diesel fuel. All goods move by truck at some point `if you`ve got it a truck brought it` so the price of all goods will go up. Transportation costs will also go up in general. Think about it, the REIN system advises investing in RE near transportation infrastructure such as public transportation stations. More than ever the fundamentals will be important. Invest for cashflow in areas with strong economic infrastructure.
As far as I`m concerned the carbon tax is simply playing on the fears of the electorate that it will somehow alleviate environmental concerns when in reality it will have severe repercussions on the entire economy. Realisitically speaking it will show itself to be tremendously unpopular and may very well result in having the opposite effect on the electorate.

 

[MikeMcCrae]

Does any one seriously think the liberals are going to form the next government? The green shaft is a discussion point and is not likely to happen. Why worry about things that are not. If they were to win then we would have reason for concern. There are enough things to worry about without creating more. (sorry if my spelling isn`t that great. Sometimes I confuse my "a"s and my "i"s.)

 

[EdRenkema]

QUOTE (MikeMcCrae @ Oct 10 2008, 10:05 AM) Does any one seriously think the liberals are going to form the next government? The green shaft is a discussion point and is not likely to happen. Why worry about things that are not. If they were to win then we would have reason for concern. There are enough things to worry about without creating more. (sorry if my spelling isn`t that great. Sometimes I confuse my "a"s and my "i"s.)

Mike your spelling is great.
I worry. I lived through the NDP in Ontario in the early 90s when everyone said it wouldn`t happen. People do funny things when they are very afraid and people are very afraid now. I do take comfort in the fact that the main presenter of the green shaft has a decidedly weak presentation.

 

[GarthChapman]

QUOTE (EdRenkema @ Oct 10 2008, 12:32 PM) Mike your spelling is great.
I worry. I lived through the NDP in Ontario in the early 90s when everyone said it wouldn`t happen. People do funny things when they are very afraid and people are very afraid now. I do take comfort in the fact that the main presenter of the green shaft has a decidedly weak presentation.

If enough of us worry about this maybe enough of us will actually get out and vote, and thereby make sure the Liberals do not form the next government. Maybe we could even get a Conservative majority.

The key thing here is that WE NEED TO GET OUT THE VOTE.

 

[Stephen1151]

QUOTE (GarthChapman @ Oct 10 2008, 01:39 PM) If enough of us worry about this maybe enough of us will actually get out and vote, and thereby make sure the Liberals do not form the next government. Maybe we could even get a Conservative majority.

The key thing here is that WE NEED TO GET OUT THE VOTE.


we need to start a "ABL" campain...... Anything But Liberals! ...ok mabey an ABLGN ....Anything But Liberals Greens and NDP : )

 

[myinvestorsplace1]

Thank you for sharing useful information.Can anyone suggest me about the status of the future real estate.

 

[lanedry77]

QUOTE (MikeMcCrae @ Oct 10 2008, 11:05 AM) ... The green shaft ...
Hey Mike,

Just a heads-up - you made a type-o here. correct spelling is;

greed shaft.

David.