Comments on: Canadian Building Intentions Remain Elevated, But Inflation Killed Growth https://betterdwelling.com/canadian-building-intentions-remain-elevated-but-inflation-killed-growth/ Canada’s Fastest Growing Real Estate News Source Sun, 15 Jan 2023 15:02:07 +0000 hourly 1 By: J https://betterdwelling.com/canadian-building-intentions-remain-elevated-but-inflation-killed-growth/#comment-88298 Thu, 12 Jan 2023 05:05:46 +0000 https://betterdwelling.com/?p=22670#comment-88298 In reply to Ray.

Could be investors hoping for a pivot? Lots of vacant home tax revenue either way for the Gov. But yeah, lots of wooden safety deposit boxes with no ownership registry = easy peasy money laundering. 20-40% loss to clean some cash is acceptable when it’s 100% ill gotten.

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By: Ray https://betterdwelling.com/canadian-building-intentions-remain-elevated-but-inflation-killed-growth/#comment-88235 Mon, 09 Jan 2023 15:16:08 +0000 https://betterdwelling.com/?p=22670#comment-88235 Ok so who’s buying these homes. So many not qualified to buy them and can’t afford them. I work at a site in Ajax, Ontario and there’s 50 townhouses that have been closed for almost a year and no one in them. So the money laundering continues.

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