4 ms·
Interesting quote from the article: "I know what you’re thinking, foreign buyers! Well, foreign buyers aren’t usually census respondents so these are most like
by msie 10y ago
Interesting quote from the article:
"I know what you’re thinking, foreign buyers! Well, foreign buyers aren’t usually census respondents so these are most likely domestic residents. AirBnB, pied-à-terre, or short-term renting are all uses I’ve heard from owners of multiple Toronto homes. The most popular reason however, is likely plain ole’ speculation."
- Pxtl 10y agoI wonder if these speculators are paying cap gains or have found some way to stretch the principal residence exemption to cover their rental property.