TSX:MPCT.DB - Post by User
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InvestSmarteron Dec 03, 2024 9:14pm
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New Article Today More Tax Breaks now Ottawa. Dec 11 vote
New Article Today More Tax Breaks now Ottawa. Dec 11 voteInteresting Strategy. Dec 11th vote.
Governments will pay Dream to drop our rents slightly below market value.
Dream Impact will be offer lower, more competitive rents, creating a competitive advantage at essentially no cost.
This would secure our tenants, and ensure full occupancy, without losing profit margin.
https://www.msn.com/en-ca/money/finance-real-estate/50m-tax-break-for-affordable-apartments-is-deal-of-the-century-for-developers-councillor-says/ar-AA1vdkgw
The Dream LeBreton units will rent at between 81 per cent and 90 per cent of the market value set by Canada Mortgage and Housing Corporation,
“It’s worth noting that 91 to 100 per cent of average market rent still isn’t affordable these days,”
Open the Article in incognito if it doesn't work.