https://beta.theglobeandmail.com/report ... ndmail.com&
Report points at Ontario's growth plan as being one of root causes of price rises by attempting to increase population density in GTA. This has skewed supply towards high rise condos/multi-unit rentals & caused growth in single family homes to fall.
No short term fix for this & it doesn't like like announced measures will fix the supply side issue.
16 new housing measures. [Ontario]
Re: 16 new housing measures. [Ontario]
Toronto property manager:
Well @Kathleen_Wynne may have finally collapsed the condo market. One of my best clients is selling 7 condos, another is selling 2
Re: 16 new housing measures. [Ontario]
She used to be a regular contributor on CMF but was eventually discouraged by ignorant posters with strong views on RE.
For the fun of it...Keith
Re: 16 new housing measures. [Ontario]
http://awealthofcommonsense.com/2017/08 ... s-bananas/ Ben Carlson w/his take on CANADA's recent R.E. valuations. Hope its helpful.
It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.
Re: 16 new housing measures. [Ontario]
She has the best writings on real estate in Canada, especially for people without a technical or analytical bent. By far. If most people who think they know something about real estate (i.e. everyone) knew half as much as she does they would be way ahead.
Sadly, most people would rather argue than read, absorb, discuss and learn
Show me the incentive and I will show you the outcome
--Charlie Munger
--Charlie Munger
Re: 16 new housing measures. [Ontario]
She is the goto expert for property managers and landlords, for sure.
For the fun of it...Keith