Tag: housing shortage
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Real estate industry experts question CMHC’s ‘bizarre’ move
On July 1, Canada Mortgage and Housing Corporation (CMHC) tightened its underwriting policies for high ratio borrowers, including increasing credit score requirements and lowering debt servicing limits. CMHC is, of course, a Crown Corporation, but there are private mortgage insurers, Canada Guaranty and Genworth Canada, that did not follow CMHC’s lead. The result is CMHC…
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City of Toronto – Short Term Rentals (Press Release)
City of Toronto registration of short-term rentals to launch September 10 News Release August 25, 2020 This September, the City of Toronto will launch a new online registration system for short-term rental operators who are renting their homes on a short-term basis for a period of less than 28 consecutive days. Beginning September 10, 2020,…
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July 2020 Market Stats – Peterborough
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July 2020 Market Stats – Toronto
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Guest Post – Harry Fine: More on Bill 184…
The Sky is Not Falling – RTA Changes Mostly Benefit Tenants Originally posted here. Tenant advocates will read this post and just scream that landlords butter my bread and that I should be ignored. But let’s get one thing straight. I do more work for tenants than for landlords. I’m in nobody’s boat, unlike FRPO,…
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The Revival – July 2020: Now! …No Better Time To Start
Those who have connected to chat about business know that OA is keenly watching the economic drivers that COVID has highlighted and those that it has disrupted. On top of our Real Estate businesses, we dabble in stock options trading, metals, small ventures and private lending. These vehicles hold fantastic opportunities to build your wealth, but they also…
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Guest Post – Mohammad Adam: Rent protesters mean well, but could make things much worse
This article was originally published by The Ottawa Citizen. COVID-19 has ravaged the economy, cost jobs and left many struggling to make ends meet. With little or no income, many Canadians are being forced to choose between food and rent. Inevitably, many tenants are withholding rent in a bid to survive. It’s quite understandable in…
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Video: Harry Fine (Paralegal) – Landlord and Tenant Advocate
In this video, Harry speaks to Landlord and tenant perspectives during the LTB shut down, Covid and continuing communications. Watch the full video HERE…
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Toronto Market Stats – June 2020
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June 2020 Stats – Peterborough