Sentences with phrase «residential real estate speculation»
Consider Donald Kohn, a genuinely bright guy trying to spin the idea that the Fed is not to blame for residential real estate speculation.
http://alephblog.com/ Not exact matches
Instead, we are seeing an even more extreme version of what negative real interest rates in the US produced: leveraged asset speculation, particularly in the biggest asset class, residential real estate.
From my angle, the Fed will slowly be forced to recognize that problems developed from speculation in residential real estate, CDOs, overdone arbitrage strategies and private equity are either a) too big to solve through monetary policy, without causing a lot of inflation, or b) they will try to «solve» the problem anyway, and hope that inflation doesn't rise too much.
As another measure to tackle housing affordability, beginning in the 2018 tax year, the provincial government will enforce a new annual speculation tax on residential real estate targeted at foreign and domestic homeowners who do not pay income tax in BC.
Ontario's new real estate cooling off plan has the following changes: 1) 15 % Non-Resident Speculation Tax on residential single family dwellings purchased by non-citizens or non-permanent residents that are...