Foreign Buyer’s Tax – Not the Solution
April 5th, 2017
This has been a hot topic lately. The perception is that foreign buyers make up the majority of buyers in the GTA, and that this is why prices are continuing to increase. This couldn’t be further from the truth. Foreign buyers only make up a small portion of buyers. High prices and bidding wars are a result of one thing... lack of inventory. There are simply not enough houses and condos on th ...