Comment 666

By aHack (anonymous) | Posted July 18, 2006 at 16:45:59

You write that parking space in Hamilton Ontario costs "six dollars per square foot per month - an order of magnitude lower than the equivalent monthly cost for a square foot of building space."

In what city does office space go for $6/foot per month? It is about $2 per sf per month in downtown San Francisco right now, and that's in American dollars (see http://www.cityfeet.com/Search/Lease/SearchResults.aspx?PartnerPath=&SearchType=byL&GeoId=295&GeoName=%26nbsp%3b%26nbsp%3b-Financial+District&PropertyType=1&PropertyTypeName=Office&SizeMin=0&SizeMax=1000000000000&SizeMinName=0&SizeMaxName=No+Limit&LocationId=254).

Your statement also implies a 500-sq-foot studio apartment would rent for "an order of magnitude" more than $3,000 per month in Hamilton -- wow, expensive town!

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