Credit When it comes to fire prevention, media in Canada basically take comments by local experts at face value ie. because we have Building Code in place, catastophe similar to Grenfell Tower a.k.a the London Inferno has no chance to take place. TRUE or FALSE? First, let’s take a look at what the media say, London’s fire […]
Nouveau Silk Road: From Middle Kingdom to The Great White North
Jonathan Manthorpe believes there is a direct line linking the explosive real estate bubbles in Toronto and Vancouver and how secure Chinese President Xi Jinping looks on his throne. How China’s Politics Messing Up Canadian Real Estate Markets The evidence — the vast amount of money being spirited out of China by relatives, friends and cronies of […]
Toronto to infuse some life into highrise condo for families
The writing is on the wall, condo dwellings will go up into the sky and the square footage will shrink along the way … In the beginning, it was about 1,500sf for a standard 2-bedroom condo, the standard square footage was quickly reduced to about 1,000sf few years later. Today, we are talking about 500sf-700sf for a […]
CMHC sees no housing bubble whatsoever
There is no Housing Bubble, you hear that loud and clear? Image Source CMHC sees no 1980s style housing bubble in Toronto high-rise condo market Financial Post – Jul 19, 2016 Canada Mortgage and Housing Corp. sees very limited speculation in the condominium industry in Toronto among builders, a situation unlike the 1980s when the marketcrashed. […]
Camping Out For Shelter & Condo
Previously, Renters driven to tents, rental bidding wars, and more affordability issues. More affordability stories … Forced to camp for shelter Castanet.net – Jul 9, 2016 Kelowna has a notoriously low rental vacancy rate, as low as 0.5 per cent according to some, which makes it difficult for those looking to rent something affordable. Homeless camps in Abbotsford […]
Vancouver – The Darling of Canada Real Estate
Vancouver, Vancouver, Vancouver. I always wonder why do foreign investors, particularly those from China are so obsessed with this city … Fengshui? Image Source Foreign investment has impact on Vancouver housing market, say researchers