Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industry

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The language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more.

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The federal government’s foreign homebuyer ban was designed to improve housing affordability, but a major flaw in the legislation is causing more harm than good, according to the Canadian Imperial Bank of Commerce.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account and fewer ads

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France Dernières Nouvelles, France Actualités

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Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. What about the damage to the fabric of the nation if the citizens have to compete against the world to buy a home in their own country? 'The damage is real' how short-sighted can you be? The act and its language is good. Canadians cannot compete with corporations or organized crime money laundered in our real estate market.
La source: financialpost - 🏆 7. / 85 Lire la suite »

Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more. Lol of kors blame the ban. 😆 😂 could it be the interest that is causing the damage. Global slow economy? We will adjust 30 years too late
La source: nationalpost - 🏆 10. / 80 Lire la suite »

Posthaste: 'The damage is real' — Foreign homebuyer ban causing upheaval in real estate industryThe language used in the foreign homebuyer ban legislation is stopping real estate development in its tracks, CIBC says. Find out more.
La source: fpinvesting - 🏆 43. / 63 Lire la suite »