Toronto House Price Bubble Hit with 15% Foreign Buyers Tax. “Property Scalpers” & “Double Ending” Brokers Targeted
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “People need to ask themselves very carefully, ‘Why am I buying this house?”’: Stephen Poloz, Bank of Canada. The government of the Province of Ontario announced a laundry list of measures to prick the crazy house price bubble in Toronto and surrounding areas. This includes a 15% transfer tax imposed on … Read more