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Increasing Development Charges Will Drive Condo Prices Higher!

Toronto Realty Blog

Perhaps this could have been included in Monday’s blog as a third tenet, except that this isn’t “new legislation,” nor is it going to kill condominium development. Sure, developers do take risks now and again. But most developers, believe it or not, look for some level of certainty.

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Who Profits Most From Unaffordable Housing?

Toronto Realty Blog

Then again, it seems that a large portion of the general public is really only interested in articles that talk about house prices declining, regardless of the authenticity and accuracy of the stated facts. It’s taxation and development charges. Who’s driving unaffordability? It’s foreign buyers.

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Federal Government Promises: A Surefire Way To Heat Up The Market!

Toronto Realty Blog

Regardless, if the government is going to provide something new for “free,” that means it has two options on how to go about doing so: 1) Increase revenue. I noted in a CTV Your Morning interview last month that about 35% of the cost of a new condo is taxation. Take a $750,000 condo in Toronto. What’s that?

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The Inevitable Discussion About Blind Bidding

Toronto Realty Blog

I just couldn’t stomach the thought of putting so much effort into a blog post, when all the while, I know full well that people will skip the blog itself and head straight for the comments section to provide their two cents. I would also argue that Toronto is a first-generation world-class city, and these prices make sense.

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Top Five: Blog Posts Of 2020!

Toronto Realty Blog

I specifically didn’t post new content on Friday because I knew you’d all need to be fresh, eager, and well-rested this morning in order to power through this week’s blogs. Those long-term readers among you will recall the length of these “year-end” blog posts. It’s the end of the year!

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Top Five: Real Estate Stories Of 2023!

Toronto Realty Blog

It’s just really, really hard to describe an entire year’s blog posts or an entire year’s real estate stories in a standard blog-post length. This is likely more subjective than the top five blog posts , but then again, we run into many of the same themes over and over. Development. Pre-Construction.

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Top Five: Real Estate Stories Of 2022

Toronto Realty Blog

I hope you enjoyed that “trip down memory lane,” as Marina so eloquently put it, with the Top Five Blog Posts of 2022 in Monday’s post. Believe it or not, this is the eighth year I’ve been working with this format; the top five blogs followed by the top five posts. 4) Prices Outside The City Of Toronto.