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Because this has been a problem for years, and they are just now humming and hawing. I'm not saying that a foreign buyer tax is "the" solution or even "a" solution. I think I can speak for a lot of us when I say the Government really does not have our best interests in mind.

I have a feeling this bubble bursts before Summer 2017.

I saw the Agenda segment. Jay had good intentions and a couple good points, but kept playing the race card. It was pretty painful to watch at times. My takeaway right now is I'd rather rent and keep my money than buy in this inflated market, even if it keeps going up, I'm still a slave to it...

Does anyone have an opinion on the outskirts of Toronto? I know logic lately has been that if Toronto keeps going up, the surrounding areas will also go up, so pretending there is NO bubble. (which I think makes no logical sense) Will someone pay a million dollars for a small place in lets...

In todays perspective have the average wages gone up 5.5% year over year? Kthx

The problem is with high fees. They have bad resale value, that can be observed even today. It's harder to sell a condo than a house. Who would buy an older condo when you can get into a preconstruction with a reputable builder for a discount or just bite the bullet and get a starter home for a...

If there is a huge crash in Toronto my theory is Condo's will be the crash. Houses are pretty safe. These rotting buildings that cost 100's or in rare cases 1000's per month in maintenance, plus yearly taxes that are bound to go up. I have no idea how young people can jump into a 30 year...

First time poster, long time reader and follower. I've just been stacking my chips for some kind of correction. IMHO 10-20% might be the most, but what I'm hoping is the outer rim gets a greater correction. I think Hamilton might be a good buy as soon as this hypothetical happens, then again, I...