Tag: Toronto
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Fairbnb…not really.
With all of the saber rattling in the media surrounding the recent “wins” for affordability, Fairbnb has played a central role. Where the media is interestingly quite is surrounding who is actually behind Fairbnb‘s advocacy. Fairbnb’s founder actually runs a campaigning company. Worse even, it seems as though he may be being paid by the…
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The Future According to ReMax
Remax recently shared their opinion of 2020 in many of Canada’s real estate markets. Their outlook for 2020 is rosy. Some of the more bearish amongst us may not be buying the positive outlook. However, us real estate investors are eagerly anticipating these nice, steady bumps. Of course it must be mentioned (for some); This…
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Rising costs and Slowing hammers
With current construction costs creeping higher by 4-5% year-over-year, property prices are of course going to move higher. And justifiably, builders are going to pass down those increases onto us buyers. Strikingly though, these increases do not even include the increases to land values on which these structures are built on. So it should not…
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STR and other Fails
STR’s or Short term rentals, have just lost a footing in major Canadian cities like Toronto and Ottawa. My understanding is that the ultimate goal of regulating STR is to make rental housing more affordable which is great. However, I have a nagging suspicion that the vacancy rates will not change and rents will continue…
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4 Factors…