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In 2020, in Toronto, 21% of all housing, and 56% of condos were investor owned. In Vancouver, nearly 48% of condos, and 33% of all housing was owned by investors. [81] Across Canada, 1 in 5 homes were investment properties. Investors were found to be increasingly crowding out prospective first-time buyers in a 2024 analysis. [82]
The leaky condo crisis, also known as the leaky condo syndrome and rotten condo crisis, is an ongoing construction, financial, and legal crisis in Canada. It primarily involves multi-unit condominium (or strata) buildings damaged by rainwater infiltration in the Lower Mainland and Vancouver Island regions of coastal British Columbia (B.C.). In ...
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BuzzBuzzHome was founded in 2009 by Matthew Slutsky and Cliff Peskin in Toronto. [2] [3] [4] [5]In 2012, the company opened an office in New York City, its first in the United States.
MoneyWatch price tracker shows how much food, utility, housing costs are rising ... Realtors group forecasts US 30-year fixed-rate mortgage averaging 6% in 2025 ... A Florida 'condo cliff' is ...
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Living Shangri-La is a mixed-use skyscraper in downtown Vancouver, British Columbia, Canada, and is the tallest building in the city and province.The 62-storey Shangri-La tower contains a 5-star hotel and its offices on the first 15 floors, with condominium apartment units occupying the rest of the tower. [1]
The tallest building in the province is the 62-storey, 201-metre-tall (659 ft), Living Shangri-La located in Vancouver. In Vancouver, municipal regulations forbid any building from exceeding 200 meters (656 ft) in height above mean sea level in order to preserve sight lines out toward the Pacific Ranges .
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