Hardly anyone believe only 5% of real estate buyers are foreigners Preliminary data collected by the B.C. government suggests only 5% of the recent buyers (last 20 days to be exact) are foreigners. Guess what, hardly anyone believe that is the case, many commented the 5% as flawed, misleading, obfuscatory, laughably incomplete and useless … downright […]
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 […]
Kevin O’Leary is a real estate moron
Why ? Because Kevin O’Leary says: Real estate a “crappy investment” And no one in Canada and basically everywhere else believes real estate will become junk, not one bit, certainly not even close. Kevin O’Leary is therefore a populist real estate moron. Image Source According to Kevin O’Leary the real estate moron, Real estate will be […]
Real estate lawyers are immuned to prosecution?
Why do Ontario lawyers who steal rarely go to jail? They treat client trust accounts as their personal piggy banks, facilitate multi-million-dollar frauds and drain retirement savings of the elderly. So are corruptions among city officials and developers with deep pockets? No. We have no clue in this respect, merely asking a question of public interest. […]
Real estate: What $500K buys across Canada
Apparently you may be able to get real house for that kind of money if you have “insider contacts” in City of Toronto ? More city homes go up for sale, but you wouldn’t know it For sale signs, even MLS photos go missing on four latest offerings This week, four more Toronto Community Housing […]
Bad News: Bringing dirty money into Canada is now a little harder
But still totally possible … Story from http://www.cbc.ca/news/ B.C. property market hazy after ‘millionaire visa’ scrapped Tens of thousands of applications from wealthy investors scrapped after two years on hold Real estate agents in Vancouver say property prices could take a hit, after Canada scrapped a program which allowed wealthy immigrants to fast-track the visa process. […]