Sentences with phrase «estate speculators»
"Estate speculators" are people who buy and sell properties with the goal of making a profit by predicting and capitalizing on changes in the real estate market. They purchase properties, like houses or land, hoping that their value will increase in the future. Full definition
This may be good news for stock market and real estate speculators as savings are used to inflate the stock market and real estate bubble.
michael-hudson.com
The widows of the Vanderbilt tycoons who had built the New York Central Railroad sold their ponderous mansions on Fifth Avenue — urban châteaus that lined «Vanderbilt Alley» from 42nd Street to Central Park — to real estate speculators like Benjamin Winter and Frederick Brown.
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).
With Bitcoin demand surging in China, the offer is aimed at Chinese real estate speculators on the lookout for Alberta development properties.
Democratic mayoral candidate and current city Comptroller William Thompson told the Staten Island Chamber of Commerce today that, if elected, he would reinforce existing zoning laws for manufacturers, protecting them from «real estate speculators who offer only short - term leases,» as a means of encouraging financial recovery.
It is a fact that, numerous new real estate speculators neglect to view their vocation as a financial specialist in a business; rather they treat it like a hobby.
The economic downturn sends all of the real estate speculators running for the hills.
State legislators are targeting real estate speculators with a bill, H.B. 2666, requiring people who sell a property within two years of acquisition to pay additional taxes on the sale.
I think it's safe to assume that real estate speculators also hate paying property taxes and the impact of high property tax rates on discouraging speculators is likely significantly greater than just the monetary amount of the tax.
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
But the National Income and Product Accounts (NIPA) treat them as if they were real estate speculators and developers charging rent.
The land transfer tax is unfair to #Toronto «s underprivileged real estate speculators.
The great majority of such gains accrue to real estate speculators, not to industrial entrepreneurs.
«We're seeing real - estate speculators... buying buildings, with no sense that they're going to make repairs, but they're going to wait for the market to come back so they can flip them,» City Council Speaker Christine Quinn told the Journal.
«Cynthia Nixon, who, unlike the incumbent, is not an ambitious career politician, is not deterred by Cuomo's horde of millions of campaign dollars collected almost exclusively from the 1 percent of corporate polluters, hedge fund billionaires, real estate speculators and other rich special interests,» said NYPAN co-chair Traci Strickland in a statement.
«As I have said all along and repeated in a letter to New York City landlords, I will not allow the Legislature to leave town until the rent laws are resolved and at the end of the day the rent laws will be in place so landlords and real estate speculators should not seek to exploit any apparent lack of clarity in New York City's rent laws.
«As I have said all along and repeated in a letter to New York City landlords, I will not allow the Legislature to leave town until the rent laws are resolved and at the end of the day the rent laws will be in place so landlords and real estate speculators should not seek to exploit any apparent lack of clarity in New York City's rent laws,» Cuomo said in an emailed statement.
Community meetings are already taking place and real estate speculators are creating a surge in property values that residents fear will lead to displacement.
Jerene Jarvis Johnston and her husband Duke are exemplars of Charlotte, North Carolina's high society, a world where old Southern money and the secrets behind it meet the new wealth of bankers, real estate speculators, and carpetbagging social climbers.
Sousa has made it clear he wants to increase the taxes that some real estate speculators or, as he calls them, «property scalpers,» pay.
When asked if the package would include measures that may have a swift cooling effect on the market, such as a tax on foreign buyers or real estate speculators, Wynne says there's a need for action that will have an impact «fairly quickly.»
In October 2016, the federal Liberals opted to close a loophole that helped foreign buyers, as well as real estate speculators.
Then there's the idea that a foreign - ownership tax could help cool the housing sector, a theory based primarily on the research of UBC geography professor David Ley, who found that well - off immigrants and foreign real estate speculators have a «trickle - down effect» that helps inflate prices in all housing market segments.
Ritholtz says that through his money - management firm, he meets all kinds of people from long - term investors and real estate speculators to institutional traders and tech entrepreneurs.
I remember once writing in this column that real estate speculators and borrowers who were overleveraged risked getting burned — but that the rest of us would be just fine.
California real estate speculators were making big bucks.
The government also unveiled tax measures to close loopholes that allow real estate speculators to avoid paying capital gains tax on the sale of investment properties.
The zero - down policy is also susceptible to abuse from real estate speculators and mortgage bankers who may push unsophisticated buyers with absolutely no money into homes they can't afford, Zinner said.