Multiple reports this week have concluded the housing crisis is not getting better, in fact in the coming years will only get worse.
WEEK OF SEPTEMBER 30 2024 NEWSREEL WITH VANESSA...
CAPITAL GAINS TAX BR...
The corporate quest for profit via real estate holdings is exacerbating Canada’s rental affordability crisis, according to a report from Canadians for Tax Fairness.
The report, released earlier this week, blamed capital gains and residential real estate investment trust tax policies for “financializing” housing …
CANADIAN TEMPORARY R...
Canada’s policymakers went from explaining that millions of temporary residents are needed, to cheering on the reversal of their policies over a few short months. Statistics Canada (Stat Can) data shows the flow of non-permanent (temporary) residents slowed in Q2 2024. After …
CALGARY BUILDERS LUR...
Amid a housing affordability crisis, new construction is essential to meet the demand of Calgary’s growing population. As home-ownership costs rise beyond the reach of many, investor buyers in the new-build condo market play an important role in securing a steady supply of new homes. Investor …
MANITOBA GOVERNMENT ...
The Manitoba government says it’s spending another $1.2 million to end what it previously called a “temporary pause” on a program that hundreds of people at risk of homelessness count on to pay their rent.
The province had in recent weeks …
From the pages of our August issue…
Quote Worthy
Employees come first and the customer comes second. This supports the notion that if you take care of your employees, they’ll take care of the customers. ~ Randy Daiter, Vice President Residential Properties, M&R Property Management