Sentences with phrase «estate speculators on»

With Bitcoin demand surging in China, the offer is aimed at Chinese real estate speculators on the lookout for Alberta development properties.

Not exact matches

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.

In New York, Chicago and other major cities (just as in London and other foreign centers) this gentrification is creating major new real estate investment opportunities — a fact not lost on stock speculators poring over corporate balance sheets looking for undervalued potentials that may be realized.

For instance, I think there is a big difference between a commercial real estate loan on a midtown Manhattan office building purchased at the top of the market by a speculator using a 90 % + loan to value (LTV) vs. a 65 % LTV, owner - occupied warehouse loan with personal guarantees in Scranton, or some other market that never experienced a spike in real estate prices.

Whether it's climate change or an eye for good real estate returns, historically black communities on higher ground are increasingly in the sights of speculators and investors.

Truth is data on real estate developers, speculators and flippers is sparse, but, as the report authors cite, «there is a creeping sense that, even in just the past 6 - to - 12 months, speculation is starting to pick up.»

Ahmadi is still months away from getting permanent resident status, putting him in the unlucky group of middle - class British Columbians who have found themselves targeted by a tax purportedly imposed to crack down on rich real estate speculators from overseas.

In the real world, speculators snatch up real estate and land bank it as well — most of the «abandoned» buildings you see in East Coast cities are actually owned by investors who don't put them to use because they're waiting for a higher return on their investment.

Tales like this have been fueling accounts in the media that housing prices are being artificially inflated by speculators who, with little interest in the single - digit returns they can obtain in the stock and bond markets, have trained their sights on real estate.

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.

No one looked at Aurora real estate in past years, but new housing developments, great lifestyle, along with a very limited supply of land within the town means speculators will be jumping on the bandwagon.

The Toronto Real Estate Board is set to release its April sales figures on Wednesday, the first set of numbers since the Ontario government announcement that included a 15 percent tax on non-residents aimed at foreign speculators in the housing market.

Speculators, gamblers & professional real estate investors are also jumping on the bandwagon to buy new construction condos, houses and townhouses simply for the purpose of flipping.