Tax auditors target condo sellers in hunt for ‘flippers’ They’re looking primarily for people who bought condos before they were built, intending to flip them for a profit as soon as the project is complete. Toronto tax lawyer William Howse is warning realtors in a two-page bulletin that Canada Revenue Agency auditors have been targeting […]
Canada condo market will never die
Condo market unlikely to bust — or boom, says report Canada’s condo market levelling out thanks to improved employment and population growth says Conference Board of Canada By: Susan Pigg Business Reporter Canada’s condo market is unlikely to bust — or boom — over the next few years says the Conference Board of Canada in a new report that […]
Canada is booming again, and remains the best spot to park your money on earth
CANADA IN TOP 5 FOR REAL ESTATE INVESTORS: EY Eighty-five percent of real estate industry executives say the global economy is improving or stable, and Canada is poised to benefit from that optimistic outlook, according to EY’s Global Capital Confidence Barometer for Real Estate, Hospitality and Construction. Emerging markets, including India, China, Qatar and Chile, led […]
Canada Created History Again – Citizens Become Better Paymasters When They’re More Indebted …
In fact, so much more that it’s hard to phantom how is average Joe going to turn over a new leaf without first declaring bankruptcy (this is likely the conventional scenario everywhere else) ? Canada mortgage arrears rate continues to decline OTTAWA (Reuters) – The already low rate of arrears on mortgages insured by the Canada […]
There Will Be No Condo Crisis ? Condo Cartel Is The Reason Why …
Toronto condos luring more renters, driving up rents An increasing proportion of people are choosing to rent condos in Toronto rather than buy them, driving up rents while sales slide and prices stall. Condo Cartel Conspiracy Theory According to Lil Bird, real estate business is run by mobsters and scamsters ! I asked how so ? “Haven’t you heard of […]
From Canada To UK, The Mark Carney Magic Show Reigns Supreme
There is currently a housing bubble in Toronto and Vancouver, I’d be very, very cautious about any huge purchases. BMO has already implemented an interest rate increase last week. listen to MAX KEISER FINANCIAL REPORT on RT.TV, he reports all the financial scandals presently going on and the one that Mark Carney created in Canada […]