New York, London and Toronto lead the world on Prime rental growth
The largest cities in the United States, United Kingdom and Canada are currently leading the world when it comes to rental growth in the Prime areas, Knight Frank research shows.
The largest cities in the United States, United Kingdom and Canada are currently leading the world when it comes to rental growth in the Prime areas, Knight Frank research shows.
Canada’s most populated province Ontario has started taxing non-resident homebuyers by a huge 20%.
The truckers’ protest could just be the beginning of a broader socio-political disturbance in one of the world’s most advanced economies.
Speculation tax deters investors from trumping buyers that purchase the property to occupy it.
In 2022, the federal and provincial governments can be under pressure to rid the housing market of the dominance of investors
As a tenant searching for a new property in the past few months, I’ve experienced some strange behaviours that I wouldn’t expect from any good landlord.
That the pandemic will deal a blow to the housing sector was the speculation in the first half of 2020. But speculations – because they lack firm evidence – tend to go wrong.
A correction is likely in the making, and may hit anytime.
The so-called 1% rule implies the monthly rental income from any investment property must be at least 1% of the purchase price.
Sellers normalise high prices, and become reluctant to accept less.