Sentences with phrase «foreign real estate speculators»

Not exact matches

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.

In October 2016, the federal Liberals opted to close a loophole that helped foreign buyers, as well as real estate speculators.

There is some danger that as foreign buyers, first - time buyers, owners of vacant homes and domestic speculators find themselves nudged out, the housing market will cascade into a tailspin, revealing what so many critics have predicted: that the real estate market is a dangerous bubble in need of a serious correction of between 30 and 50 percent.

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.