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Opinion: Canada’s rental housing crisis

Opinion: Canada’s rental housing crisis

Canada Mortgage and Housing Corp. (CMHC) states that a person who spends more than 30 per cent of their income on shelter can’t sustain their residence. CMHC put 26.4 per cent of Canada’s renters and 6.5 per cent of homeowners in that category in 2011. Costs are...
Low cap rate purchase could mean future trouble

Low cap rate purchase could mean future trouble

Real estate investors must be very careful about purchasing an investment property under a five-per-cent cap rate, at which many retail plazas and multifamily properties are currently trading, with a down payment of 25 per cent or less. Companies with deep pockets...