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8 June 2018 | 0 replies
Rising Labor Cost, increased government spending, and prolonged housing shortages are the main pressure points.Inflation is picking up and looks to increase over the next 18 monthsa mortgage rate jump from 4 to 4.5% and 60 bucks a month to a mortgagerent increases have exceeded 3% annually over the last 4 yearslow unemployment, rising house cost up 3% over the last yeari believe this is why there is such a demand for rentals now.
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8 June 2018 | 0 replies
Rising labor costs, increased government spending, and prolonged housing shortages are the main pressure pointsinflation is picking up and looking to increase over the next 18 monthsA half percent mortgage is increased equals about $60 per month more in a mortgageRent increases have exceeded 3% annually over the last 4 yearslow unemployment, rising house costs up 3% over the last yearI believe this is why there is such a demand for rentals now.
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28 March 2019 | 14 replies
Must have been a flood of evictions before that was passed.We had a sicilist government here up to th eelection this week and they did serious damage to our business.
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9 June 2018 | 0 replies
Governments rightly look to private sector to provide and manage housing supply, bringing tax incentives for both parties.
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10 June 2018 | 0 replies
Just as the title says: What impact, if any, do you think the new PC government will have on Real Estate and Real Estate investing in Ontario?
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11 June 2018 | 1 reply
Taxes and Other Government Fees $716Recording Fees and Other Taxes $295 --> If I understand this the seller would pay for this.
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5 July 2018 | 31 replies
So the government does not get involved in producing housing, but fills the affordability gap through the private sector.
4 July 2018 | 3 replies
And now that the local government went ballistic and maliciously shut most of Airbnb down by scaring citizens and owners with exorbitant penalties (the dark side of the force is strong), this topic is off the table in this paradise until things change.
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22 June 2018 | 0 replies
A previous tenant reported the property to the local government about six months ago for possible lead paint.