If you do and move out and then let the old place fall into foreclosure, you will owe tax on the shortage.

Funny we have a acute housing shortage here in PDX ..

Hi all, i heard from someone that in an effort to stop a home shortage and to stop the prices of homes from surging, the US government has imposed a 15% sales tax on buyers purchasing a home.

no shortage of 'investment ed sharks' abound. to me, its intrinsic to what they're selling. how many k for that koolaid?

@James CannonThere is no housing crisis in sight for at least 5 - 10 more years.You cannot have a housing crash like 2008 with a shortage of housing inventory.

He has plenty of money in the bank and there is no shortage of room rentals.

On the plus side, there is no shortage of people willing to buy a house with an ADU so they can afford to live in a world class city. 

Brrrr hardly works in KC ....well let me rephrase that, in areas that are a good fit for new landlords that are out of state.Everyone invests in KC and there's no shortage of buyers couple that with first time home buyers being squeezed out of rentals you have desperate people bidding on houses.Deals still exsist and you can still make money, but if you go into it thinking you're going to get a house like 75% of market value and then cheap remodel to bump up the apprisal it's not likely to happen.

The papers have been releasing articles for about 2 years with people leaving Prince George to head to Kitimat, there was a particularly famous one last summer about PG having a shortage of hairdressers because they were moving to the coast to cash in on prime business before things really took off.

The recent and ongoing price increases and labor shortages are causing many developers to re-examine their projects.