Comments on: This Week’s Top Stories: Canadians Brace For Higher Mortgage Costs, Business Closures Surge https://betterdwelling.com/this-weeks-top-stories-canadians-brace-for-higher-mortgage-costs-business-closures-surge/ Canada’s Fastest Growing Real Estate News Source Fri, 13 Oct 2023 16:23:00 +0000 hourly 1 By: Jay https://betterdwelling.com/this-weeks-top-stories-canadians-brace-for-higher-mortgage-costs-business-closures-surge/#comment-92376 Fri, 13 Oct 2023 16:23:00 +0000 https://betterdwelling.com/?p=24066#comment-92376 In reply to Duddly-Do-Right.

#Snowashcession #LaunderingSession
Meme away 😉

Until the practice of opaque RE and # corporations owning residential assets as safely deposit boxes is looked into/regulated/prohibited. Things will chug along. All levels of government are addicted to land transfer taxes – nothing will change until people protest by striking at work, rent payments, or simply move to another local.

We’re a somewhat corrupt nation full of money laundering for the entire world. CREA projects 493k RE units changed hands (10% less than 2022).

Interest Rates are having some effects on investors/end users. Doesn’t mean jack poooo to all cash buys layered under a bunch of numbered companies.

IIWII

]]> By: Duddly-Do-Right https://betterdwelling.com/this-weeks-top-stories-canadians-brace-for-higher-mortgage-costs-business-closures-surge/#comment-92270 Tue, 03 Oct 2023 18:31:14 +0000 https://betterdwelling.com/?p=24066#comment-92270 But RE prices in Ontario keep bucking the trend and going up? What sort of a recession is this then???

]]>