My personal experience is that Ottawa people spend their money more on house, cottage, travel, etc. More of Martha Stewart better living thing, if you get my drift. Also, Ottawa is more of a middle class attitude, not the super-rich thing, even if you are super-rich. But then there's Micheal Cowpland. We should drive by his gold mirror tinted glass house sometime.

 

His gold house looks like a Chinese Dim Sum palace!

 

the thing that I noticed a fair bit when I moved from Ottawa to Toronto was the comfort that ppl in Toronto have with taking on massive amounts of leverage.

Perhaps it speaks to the conservatism of Ottawa, but to me there seems to be a big difference between the two cities with the average debt a similarly employed person seems willing to take on. And it goes well beyond housing.

 

debt is evil!

 

What's debt?

 

I work in the mortgage business here in Ottawa and deal with a lot of clients from Toronto and from Ottawa and both cities are quite different in terms of how much debt people think is acceptable. Also like Hapa has mentioned, most people in Ottawa don't drive outrageous vehicles even if they are super rich. I know this is a generalization but I see this kind of stuff everyday at work when underwriting mortgages for clients.

 

You should have replied a month ago, I would have renewed my mortgage with you

 

no doubt. I was looking for a morgatge just a little while ago as well!

 

It's interesting, I think there are more common elements between Upstate and Ottawa than Upstate and TO. Most of my members are older working professionals, clearly we have some younger members but they have that more mature mindset.

The younger people I have seen come into our group are here for a short period of time and then seem to fade away. I suspect some of it is because they are not into car clubs and I also suspect some of it is the fact that we are not seen as entertaining; I mean after all we go for nice drives, we get together to help each other on repairs or maintenance, we gather at a local drinking hole for beer and dinner, we even get together during the winter for the famous Upstate classic known as a Beer & Breakfast Run...

Silly kids, they just don't know what they are missing.

 

you sound like the trix rabbit there Doug.

Silly trix are for kids!