co-op

/Tag: co-op

September 2017

Facts By Email #36 – Can The NDP Slow Down BC’s Powerhouse Performance?

By | 2017-09-12T17:33:20+00:00 September 11th, 2017|Facts By Email|

EDMONTON & CALGARY – CLOSE LOOK AT THE MF MARKET THE NUMBERS, THE NUMBERS – CALGARY CONDO ASSIGNMENTS: IT IS ABOUT TO GET UGLY YOUR INVESTMENT INCOME WILL GO UP BY 122% IF THE LIBERALS GET THEIR TAX THROUGH – FIGHT! FREE MORTGAGE CONSULTATION FOR JREI SUBSCRIBERS MORTGAGES AFTER THE INTEREST RATE INCREASE REFINANCING: FLOAT HOME BUYERS SINK, MOBILE OWNERS STUCK UNDER NEW MORTGAGE RULES NUTS: BITCOIN IS A MASSIVE FRAUD! HURRICANES LEASING VERSUS STRATA

September 2015

What exactly is a co-ownership property?

By | 2015-09-09T10:41:15+00:00 September 7th, 2015|Hot Tip|

Well, in a co-op essentially – residents buy a share allocated to a particular apartment in the co-op building but the building is owned by the Co-op Society. There are two kinds:

Profit and non-profit. The non-profit buildings are mostly government sponsored (through loans), have income restrictions and are meant to be given back at no profit. Actually most subsidies run out by 2020 … will be interesting to see what happens to them then!

The ‘profit’ ones are different. Actually, this style of ownership – while not popular in Vancouver is very much in vogue elsewhere. Most of New York is owned as a co-operative. And if you are paying […]