What did I tell you ? Anything non-condo, non-town and non-semi that goes for less than $1M in Toronto must be in a ghetto. This is true so far … What surprises me is even this “ghetto-ish” thing is selling for almost $1M ! Toronto has come a long way. 17 Givins Street – TRINITY-BELLWOODS […]
Less risk despite bubble fears
Good News Canada mortgage insurer sees less risk, despite bubble fears * Loan-loss provisions dip as economy improves * 3rd-qtr profit rises, but risks of housing correction remain * Debate over future of CMHC insurance business TORONTO, Nov 29 (Reuters) – Canada’s housing agency said on Friday it has set aside less money to cover […]
IMF recommended CMHC to close down, Flaherty charges new CMHC fee instead
IMF recommends Canada wind down CMHC CBC.ca The International Monetary Fund says Canada is exposing itself to risk by insuring mortgages through the Canada Mortgage and Housing Corporation and recommends winding down the federal housing agency. Flaherty charges CMHC new risk fee on mortgages Finance Minister Jim Flaherty is taking another step to curb taxpayers’ exposure to the housing […]
Toronto Rental Market Collapsing ?
Weakening rental picture latest condo market worry There are signs that rents in Toronto’s condo market are on the verge of decreasing, at a time when new landlords are already dealing with low returns, a new report says. The idea that the condo rental market might be tipping in favour of renters runs counter to […]
IMF recommends CMHC to close shop ?
IMF recommends Canada scale back CMHC The International Monetary Fund says Canada is exposing itself to risk by insuring mortgages through the Canada Mortgage and Housing Corporation and recommends scaling back the federal housing agency. The advice is contained in the IMF’s latest economic report card on Canada, which projects modest economic growth of 2.25 […]
Rob Ford to dump real estate for real pornography
Rob Ford Sex Tape with Brandy Aniston Coming Soon? Rob Ford + Brandy Aniston = Sex Tape of the Century What comes to mind when I say, “Rob Ford“? Crack cocaine? Hilarious GIFs? Chris Farley? We could play this Rob Ford-word association game all day, but I doubt that sex is one thing you would associate […]