The housing shortage is not a myth. It’s a bigger problem than you may think. There is land that is waiting to be developed and we could be seeing housing being built, including the missing middle the experts are calling Townhomes and semi-detached houses, which would alleviate the pressure on pricing. Part of the issue is infrastructure and another big part is policy. As an example of the infrastructure issue, in East Gwillimbury there is land that the community wants to build thousands of homes on, but there is no water treatment plant to handle the increase in population. And ...
The Housing Shortage is Not a Myth
November 25, 2017
Ontario’s Fair Housing Plan
April 24, 2017
Ontario's Fair Housing Plan From Ontario's Ministry of Finance Ontario's Fair Housing Plan introduces a comprehensive package of measures to help more people find affordable homes, increase supply, protect buyers and renters and bring stability to the real estate market. The plan includes: Actions to Address Demand for Housing Introducing legislation that would, if passed, implement a new 15-per-cent Non-Resident Speculation Tax (NRST) on the price of homes in the Greater Golden Horseshoe (GGH) purchased by individuals who are not citizens or permanent residents of Canada or by foreign corporations. Ontario's economy benefits enormously from newcomers who decide to make ...
Housing affordability: Toronto versus the world
April 2, 2017
Bubble Burst, Bubble Burst, Bubble Bubble Bubble Burst
February 26, 2017
I just read an article where an economist for one of our banks - okay, BMO - said Toronto is headed for a bubble burst. Later on in the very same article, at a point when the majority of readers have moved on and will never see this, a representative from the very same bank, BMO, said there is very little risk of a bubble burst in Toronto. So, who to believe? Are you worried that the real estate market is going to crash? Well, before you make any rash decisions, be sure to fully investigate the reasons why ...
Staging: Maximize Profit and Shorten Time on the Market
March 26, 2014
(CTV Canada AM segment March 26, 2014) Real estate expert Sandra Rinomato explains why some home sellers turn to professional stagers to improve the look of their property. Read more: http://canadaam.ctvnews.ca/open-house/home-staging-maximize-profit-and-shorten-time-on-the-market-1.1746487#ixzz2x4lOe3Tb