Sentences with phrase «estate speculators with»
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.
http://realtormag.realtor.org/ Not exact matches
Nor did he note the fact that some 80 % of the tax is in land - price gains — gains that speculators made «in their sleep» while Mr. Greenspan at the Federal Reserve was flooding the real estate bubble with credit.
With Bitcoin demand surging in China, the offer is aimed at Chinese real estate speculators on the lookout for Alberta development properties.
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.
«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.
Joining real estate discussions offer the speculators some assistance with networking with real estate agents, home loan dealers, lawyers, property inspectors, and different financial specialists.
Last year, after speaking with the venerable economics professor Thomas Davidoff, I wrote about one option that would certainly help cool the actions of speculators and real estate investors in Vancouver's heated real estate market.
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.
The Globe stories alleged real estate agents and speculators are making millions of dollars with the practice known as shadow flipping, which is legal but controversial.
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 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.