Just as real estate speculators hoped to end up with a capital gain, so raiders sought to resell companies at a gain — by downsizing the labor force, shifting to non-union labor, and renegotiating employee pensions downward by threatening bankruptcy as an alternative (leaving the Public Benefit Guarantee Corp. stuck with the bill). (michael-hudson.com)
CIBC analyst Benjamin Tal suggests that a tax on flipping could cool demand by foreign real estate speculators — but it's no replacement for real data (canadianbusiness.com)
With Bitcoin demand surging in China, the offer is aimed at Chinese real estate speculators on the lookout for Alberta development properties. (opp.today)