Comments on: Canadian Cities Have Seen Up To 90% of New Real Estate Supply Scooped By Investors https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/ Canada’s Fastest Growing Real Estate News Source Fri, 21 Jan 2022 13:41:02 +0000 hourly 1 By: As Canada dithers about house investors, Singapore pushes back - Global News Media https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79491 Fri, 21 Jan 2022 13:41:02 +0000 https://betterdwelling.com/?p=19398#comment-79491 […] southeast Asian city-state announced in December it will slap a 17 per cent tax on Singapore citizens who buy a second property and 25 per cent tax […]

]]> By: Ike https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79347 Tue, 18 Jan 2022 09:30:44 +0000 https://betterdwelling.com/?p=19398#comment-79347 In reply to vnm.

“Sorry, but that’s akin to claiming guns don’t kill people.”

Are you serious? People with guns kill people. Guns are inanimate objects. Guns don’t go around killing people

]]> By: Marc https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79320 Mon, 17 Jan 2022 19:24:41 +0000 https://betterdwelling.com/?p=19398#comment-79320 In reply to vnm.

Saying guns kill people is dumb, since countries like Switzerland have some of the highest gun ownership ratios in the world and they’re rarely used in crime.

Guns, much like investors, are only detrimental to society when paired with a poorly educated populace.

]]> By: KG https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79314 Mon, 17 Jan 2022 19:04:01 +0000 https://betterdwelling.com/?p=19398#comment-79314 In reply to Pattie.

Langley, Surrey, and White Rock are Vancouver CMA.

]]> By: Andrew https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79296 Mon, 17 Jan 2022 14:40:02 +0000 https://betterdwelling.com/?p=19398#comment-79296 Short of a ban or >30% tax on investor ownership of new homes, this madness won’t end. But the government simply does not care.

]]> By: Me https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79273 Sun, 16 Jan 2022 20:51:31 +0000 https://betterdwelling.com/?p=19398#comment-79273 Little folk don’t stand a chance buying a home these days, what a sad state of affairs!

]]> By: JoeTheTruthsayer https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79270 Sun, 16 Jan 2022 19:12:00 +0000 https://betterdwelling.com/?p=19398#comment-79270 Stop calling them “Investors”. Call it what it is: It’s gambling. These buyers are Gambling that prices will continue to climb, indefinitely. Period. That is not investing.

Listen to any real investor like I don’t know.. Warren Buffet perhaps, anyone who actually knows how to invest not gamble, and they will explain what a terrible investment real-estate really is.

]]> By: Grace Perez https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79267 Sun, 16 Jan 2022 17:12:25 +0000 https://betterdwelling.com/?p=19398#comment-79267 Time for the government to re-assess it’s policies again. I read in an article that the government acknowledged that having a house is a basic need and not be treated as an investment opportunity. House for sales are being listed with crazy prices and unbelievably bought at a higher price after bidding wars. This has to stop. It is so frustrating and makes it impossible for families like mine who are dreaming to have their first home.

]]> By: Oh Boy https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79250 Sun, 16 Jan 2022 02:29:11 +0000 https://betterdwelling.com/?p=19398#comment-79250 Lending policies have been slanted for decades in favor of the investor class, The fact the system by design is screwing the average person out of owning a home (a place to live) is no surprise to me; it has just caught up with itself is all.

]]> By: Ron Bruce https://betterdwelling.com/canadian-cities-have-seen-up-to-90-of-new-real-estate-supply-scooped-by-investors/#comment-79239 Sat, 15 Jan 2022 18:32:12 +0000 https://betterdwelling.com/?p=19398#comment-79239 When self-serving MPs make more money by influencing real estate deals than looking after residents in their riding, taxpaying citizens are in trouble. It should be noted that in the expensive Riding of Vancouver-Granville the constituency office (aka Real Estate office) is paid by taxpayers.
https://www.vancouverisawesome.com/opinion/taleeb-noormohamed-real-estate-investments-4266621
It would appear that making $4.9 million off of these activities is a side hustle and not his primary occupation.

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