QUESTIONS, QUESTIONS NO, SPAMMERS CANNOT BE SUED AFTER JULY 1… $90 OIL COMING? THAT WOULD CHANGE THINGS WHERE U-HAUL TRUCKS ARE HEADING – Calgary more popular than Vancouver or Victoria? RED TAPE ON A NEW HOME: $39,000 AND 14 MONTHS FIX AND FLIP: THESE RENOS WON’T PAY OFF HOW LONG YOU LIVE DEPENDS ON WHERE YOU LIVE – B.C. seniors last years longer than elsewhere in Canada FIVE ACRES IN BC FOR $39,500: SIX ACRES LAKEVIEW $41,000. WHAT IS BEING ADVERTISED ON JUWAI THIS WEEK
The new mortgage rules just announced by the Federal Government could well be – in our view – the straw that breaks the camel’s back. An early Christmas present for the 6 big banks. A kick in the teeth for all other lenders. Knock out to mortgage competition in Canada.
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 […]
QUESTIONS, QUESTIONS MOVING WAY OUT OF TOWN AND THE CADSTRAL PLAN EYEBROW RAISER – CLIMATE CHANGE – HAH YOU WANT A BETTER TREATMENT OF YOUR RENTAL INCOME – GO CREDIT UNION CHINESE BUYERS EVERYWHERE – WALL STREET JOURNAL HOT PROPERTIES – NO MORTGAGE PAYMENTS, NO TAXES FOR A YEAR BEST RATES