
Articles
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1 month ago |
financialpost.com | Murtaza Haider |Stephen Moranis
The federal government’s $3.9-billion commitment to high-speed rail between Quebec City and Toronto may seem like a bold investment in Canada’s infrastructure future. However, a closer examination reveals a different reality: this amount only covers feasibility studies and initial design work — costs that typically account for only five per cent of a project’s total expenses. If the preliminary bill is nearly $4 billion, the final price tag could easily surpass $80 billion.
The enduring myth of the house flipper, whose impact on housing affordability has been overestimated
Dec 2, 2024 |
msn.com | Murtaza Haider |Stephen Moranis
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The enduring myth of the house flipper, whose impact on housing affordability has been overestimated
Dec 2, 2024 |
financialpost.com | Murtaza Haider |Stephen Moranis
It turns out just a little over three per cent of residential properties sold in B.C. in 2021 were owned for less than a year before being resold. Not only is the prevalence of “flipped” sales low, but the economic profits generated by such transactions were negligible, suggesting that flippers are not walking away with exorbitant ill-gotten wealth. The narrative that real estate investors, particularly those flipping homes, are inflating house prices has gained traction in Canada.
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Oct 9, 2024 |
windsorstar.com | Murtaza Haider |Stephen Moranis
Without investors, the bulk of condo supply could disappear, leaving renters with few options • • You can save this article by registering for free here. Or sign-in if you have an account. Article contentStatistics Canada’s latest data drop exposes the hidden backbone of Canada’s rental market: investors. Condos built between 2016 and 2022 are increasingly investor-owned, quietly providing lifelines for renters in a housing market desperate for supply.
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Oct 9, 2024 |
thesudburystar.com | Murtaza Haider |Stephen Moranis
Without investors, the bulk of condo supply could disappear, leaving renters with few optionsCondos for sale along the Lachine Canal in Montreal, Que. Photo by Graham Hughes/Bloomberg filesArticle contentStatistics Canada’s latest data drop exposes the hidden backbone of Canada’s rental market: investors. Condos built between 2016 and 2022 are increasingly investor-owned, quietly providing lifelines for renters in a housing market desperate for supply.
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