Jon  Point 3) requires just a little history,a) the folks pushing this current measure (15) are in large part the same folks that pushed the last Prop 13 measure (the huge educational bond issuance Prop 13 that failed a couple of years ago, not to be confused with the Property Tax Prop 13 that overwhelmingly passes years ago and is still law today).b) that group is also largely the very same coalition that has in the past complained very bitterly about existing Prop Tax Prop 13 and pledged all efforts to fully repeal its benefits for everyone.c) Since this coalition not only failed in its historic attemps to fully repeal real estate tax prop 13 as they pledged to do, but also in their much more current attemp to end run real estate tax prop 13 with the recent monster bond issue prop 13 they have now come to the realization that their only option is a back door attack attempting to sell 15 as a tax on fat cats, classic divide and conquer tactics. 

By then you’ll come up ahead.

Ok, so playing devils advocate (I've always believed in low LTV for safety), and out of curiosity; If you only lose money when you sell and make when you buy, and I have no plans on selling during the downs of the up and down cycles, and if my cash flow is unaffected / unrelated to market value swings, and I keep more money in reserve should I over leverage and push LTV to say 95% - is this a bad thing?

And thank you, I am looking forward to this journey ahead!

I don't know actually, but I wonder the reason IF...Would a city push something like this in attempt to drive up ownership by raising the barrier of entry/operations for noon owner-occupieds?

I'm a fairly new investor. I started out doing research in 2018. I then decided to take the leap at the end of 2018 going into 2019. I planned to Utilize the Brrrr strategy, also the FHA 3 and 1/2% down to begin my jo...

As these properties close, they will become comps themselves, pushing values up.  

There is HST payable since you will be an investor and no plan to move into the unit and there will be HST (13%) to pay on the profit you earn too.This really requires the help of an accountant that understand New Builds.I would recommend you connect with George Dube and Associates in Kitchener as they should know.Best wishes and if you decide to move ahead with a purchase please let me know as I may be able to help.Cheers!

So much for sacrificing living at home to try to get ahead in the real estate game.

The need for housing will grow even further in the months ahead, especially in suburban areas that are attractive to those who can now work from home.