RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Federal Budget WednesdayAs I said CTV aired clip just tonight where he states, "budget could include rules to stop "speculative" buying"
true story, my friend had a house in Oakville, his to walk away from w a home inspection locked at 730. Would have firmed late November, possession late Feb. he walked, they sold next day 785. Now (3 weeks ago - before he even would have taken possession) comparable same street, listing 930's. This is just one story, last week he lost bidding 150k over ask in Oakville. Agents are buying, holding and never moving into home, re listing 6 months later for 200k more, that's what the govt wants to stop. Ppl doing this will get hit w personal income not c gains.