Real Estate Speculators
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Hamilton approves vacant homes tax, Airbnb bylaw to protect city’s housing supplyHamilton politicians voted in favour of legislation to help discourage speculators and open up empty units for rentals amid a housing crisis.CanadaJan 25, 2023
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Hamilton seeks provincial approval to introduce vacant home tax"Speaking to some of those who do own those homes," says Ward 3 Coun. Nrinder Nann, "they're doing so to speculate on their property and make the maximum amount of profit."PoliticsFeb 2, 2022
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Canada’s luxury real estate market is on fire. Can the foreign homebuyers’ tax cool it?It was mostly domestic buyers driving sales of Canada's multi-million dollar homes during the past year, says Sotheby’s International Realty Canada CEO Don Kottick.MoneyJul 13, 2021
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