REIT this!
A recent article in the Financial Post discussed the current state of real estate investment trusts in relation to the risks of record consumer debt and soaring housing prices. Some investors have warned that such factors may be inflating a bubble in the condominium markets in Toronto and Vancouver. Despite concerns that the Bank of Canada [...]
Baby Boomers and the Switch to Multifamily Living
by: Jill Von Sprecken It’s hardly news that the economy is in the hands of the baby boomers. In Canada, retirement-age boomers are the fastest growing demographic, and it will be several decades before this jump shows any sign of slowing. In fact, by 2036, seniors are predicted to represent about a quarter [...]
Home of the Week
The Home of the Week, courtesy of the Globe and Mail, is a Toronto penthouse that impresses inside and out: 560 FRONT ST. W., PENTHOUSE 29, TORONTO ASKING PRICE: $799,000 MAINTENANCE FEES: $615 a month TAXES: NA AGENT: Roman Havlin (Harvey Kalles Real Estate Ltd.) THE BUILDING Many people don’t yet know Rêve, the recently-completed [...]
Home buyers plan: Little details count
We all do it. Overlook a small detail and then realize it wasn’t so small after all. A reader wrote in this question to the Globe and Mail wondering if there was any way to get around the 90-day waiting period set out by the Home Buyers’ Plan. An excerpt of the article is below, [...]
Issue 2 – Making Your Equity Work
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