James murphy article about quebec city and the nords
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06-02-2008, 01:16 PM
Join Date: Jun 2006
Location: Toronto / North York
Originally Posted by
If you want to make money in Canada...going with my 20 years experience...Quebec and eastern Canada is the last place I would go. Just isn't the money there. They may have improved like SOLR says but still far behind most of Canada. Everything is to the west. The further west ya go the better. I dabble in real estate as a sideline...a little over 2 years ago I bought a house in Regina for $137,000. On credit, stayed periodically with traveling but never lived there full time...sold it in May, 2008...for $289,000. Made $150,000 in 2 years on it. It's just crazy out there....money everywhere...
You don't need to have a dominating economy to have a hockey team. The HF boards standards...
BTW. The costs for a new team will be around 550m$(300m arena and 250m$ franchise) I'm pretty sure nobody will have to spend that much with all the existing financing options.
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