Interesting Article ; ..... foreign-buyer tax...

Source: Financial Post
CORCORAN: A foreign-buyer tax is the first in a Trojan House of policies to mess with Toronto’s real estate market
Looks like the Ryerson City Building Institute in Toronto ran out of local leftist economic talent when it was looking for someone to write a research paper to endorse dubious policies to curb the big increases in the city’s housing prices. So it brought in a veteran of the ideological housing wars in Vancouver to deliver the hard policy recommendation: What Toronto needs is a tax on foreign buyers.

Bernard Haché

Bernard Haché

Real Estate Broker
CENTURY 21 Action Power Team Ltd., Brokerage*
Contact Me