Canada Canadian housing market expected to stay on hot streak Canada’s housing market is back on a roll, a finding that should be evident in the September sales data that the Canadian Real Estate Association will release on Tuesday. The slump that began in the summer of 2012 came to an end this past summer, with […]
China properties on the brink of collapse – 15,000 forecloseres in one city alone
15,000 foreclosures in a city called Wenzhou alone … 15,000 foreclosed properties in Wenzhou pummeling guarantee companies Residential buildings in Wenzhou, China’s east Zhejiang province. Wenzhou’s banking authorities confirmed rumors of 15,000 houses in Wenzhou nearing foreclosure after surveying 42 financial institutions. It has assured the public that “the situation is under control,” though […]
Brookfield is Google of the Real Estate world
Brookfield to Create Commercial Real Estate Giant It now owns several prestigious office properties in Canada, Europe and the United States, including Canada Square in London’s Canary Wharf, Toronto’s First Canadian Place, Calgary’s Suncor Energy Centre and 10 properties in Manhattan. Brookfield Property Partners is proposing to spend about $5 billion to buy out the […]
Canadians and Chinese are equally obsessed with real estate
Both are equally drunk as far as real estate is concerned … Scam Chinese Banker Sentenced for Amassing Real Estate With Fake Documents Are we seeing this kind of thing in Canada anytime soon ? China Daily/Reuters Gong Aiai in court earlier this month. She was accused of amassing dozens of properties by forging or […]
Can Doubling Of Real Estate Fees Actually Curb Speculation ?
Stop real estate speculation by making registration fees costlier alone …? Will Dubai’s Real Estate Fee Hike Curb Speculation? If the situation in Canada is anything to go by, then the answer is most likely NO. The Government of Canada is “depriving” mortgages from our younger generation by making it harder to get mortgage etc. What […]
Mark Carney convinced David Cameron bubble economy is the only way forward ?
David Cameron brings forward mortgage help Britain to introduce mortgage guarantee scheme within days State-backed mortgages to help increase home ownership will be introduced next week – three months earlier than planned, David Cameron has revealed. David Cameron said he is ‘impatient to help young people get on the housing ladder’ Despite widespread concern that the […]