The process of moving into a new place is an exciting one. Just think, you get to decide the colour scheme of your living room, and which plants you’ll tend in your front yard or balcony. It’s seldom that you – or any renter for that matter – thinks about
Nearly a quarter of Canadian Millennials with mortgages are white-collar criminals. According to a recent Equifax survey, nearly 23 per cent of millennials believe it’s acceptable to inflate your annual income when applying for a mortgage. By comparison, only 12 per cent of the general population hold the same opinion. That
Another day, another damning report on Canadian housing unaffordability. The Canadian Centre for Policy Alternatives has published an aptly-named report titled ‘Unaccommodating‘ which looks at how much Canadians need to earn per hour to afford a one- or two-bedroom apartment in Canada’s urban centres. Affordability is determined by something called
New statutes issued by officials in Vancouver meant to decrease the number of homes rented out to tourists via popular short-term rental website Airbnb appear to be working. Vancouver’s new regulations stipulate that homeowners may only offer their primary residences for short-term rental on the Airbnb site while also requiring
Last year, Toronto’s housing market was on fire. So much so that the city was named the world’s hottest residential housing market. This year? Not so much. In fact, Toronto’s housing market has cooled off to such an extent that the city isn’t just slipping globally – the Ontario capital
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