Sentences with phrase «property speculation»
"Property speculation" refers to the act of buying real estate or property with the hopes of making a profit by selling it at a later time when its value increases. It involves speculating or betting on the idea that the property's price will rise in the future, allowing the investor to sell it at a higher price and make a financial gain. Full definition
The original housing plan, intended to curb property speculation in certain overheated markets by taxing empty homes, has been criticized for including tourism rich areas and for unfairly targeting people with vacation properties.
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By the close of 1888, the local newspaper was packed with property speculation ads, and Vancouver real estate companies outnumbered restaurants by a margin of over 250 %.
As Chinese authorities crackdown on property speculation, which analysts...
That is, lower rates stimulate property speculation.
[55][56] Thornberry said the purchase was «not about property speculation».
Some of these REITs — and Vornado has been a high - profile case of this in recent years — have evolved away from pure landlording and have moved to become «deal making» growth vehicles in which property speculation is as important (or more so) than collecting rent checks.
Overheated housing markets with rampant property speculation and skyrocketing land values have resulted in restrictions on foreign buyers by two provincial governments as stories of residents and workers being pushed out of their communities abound.
But other industry experts say it's too soon to know if the plan, particularly its centerpiece — a Vancouver - style, 15 - per - cent tax on non-resident foreign buyers — will have the desired effect of making housing more affordable and available by dousing property speculation.
China had raised rates and imposed stricter lending rules on banks in an effort to curb inflation and property speculation.
The third is property speculation.
Even though newcomer artists and young professionals do create hype in certain neighborhoods, the expulsion of longtime residents is a result of (international) property speculation and its subsequent utility as a tradable asset for securitizing debt — financial capitalism.
The distributed sharing economy now seems to show us that the property speculation that broke the markets in 2007 — 08 was actually no small matter at all, but actually a profound antimatter made out of regimes of visuality and visibility that are so sophisticated that we need technologies developed in the contemporary arts to untangle the meshing of their symbolic, informational, and economic values.
He did that as an artistic statement: «The purchase of this house on my credit card is a deliberate financial transaction suggesting the link to credit, sub prime mortgages, property ownership, debt, loans, the financial markets, property speculation, boom and bust.»
That is, to be effective, I think any macroprudential measures, such as a property speculation tax, taken to stabilize home prices in London with its small, regressive ~ 0.27 % property tax would have to be vastly larger than the measures needed to be effective in Texas with its large, progressive ~ 1.7 % property tax.