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May 09, 2012

Should there be some sort of limit on yard sales?

Lawmakers in St. Lazare, Quebec are trying to limit yard sale frequency so people can't turn their front lawns into a virtual flea-market every week.

The town council recently voted to limit yard and garage sales to two weekends a year – the Victoria Day and Labour Day weekends. The good news though is that residents will no longer need a permit to hold a garage sale and can make their own signs.

Several local towns are moving to do the same and many residents are balking: “The stupidity of the municipal council once again overrides the wishes of the people,” says one disgruntled St. Lazare citizen.

It's actually a continent-wide issue, it seems. Tough economic conditions have led to a rise in vendors who see driveway deals as a way to make a few extra bucks, not just clean out the basement.

Cities and towns, which don’t get tax revenues from the sales and have to deal with all the traffic problem and sanitation issues, are fighting back by imposing fees and limiting the sales.

Has your attitude toward garage/yard sales changed in recent years? Are there any restictions where you live? 

By Gordon Powers, MSN Money

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...