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Real estate FOMO in Canada leads to good and bad choices: economist

Real estate FOMO in Canada leads to good and bad choices: economist
nowtoronto.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nowtoronto.com Daily Mail and Mail on Sunday newspapers.

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Affordable-homes advocate Kishone Roy makes case for scrapping public hearings for social housing projects


This map shows the location of the midrise apartment zones in the city.
If council gives this the green light on Tuesday (April 20), it will apply to projects in which 100 percent of the residential floor area is social housing or social housing in conjunction with a childcare facility.
So far, the city has received 46 written responses from the public, of which 30 were opposed.
Housing advocate Kishone Roy is among those who support the staff proposal.
That s because Roy, the former CEO of the B.C. Non-Profit Housing Association, thinks that public hearings stack the deck against the underprivileged who need this housing. ....

United States , British Columbia , Kishone Roy , Bill Tieleman , Carlito Pablo , Profit Housing Association , Georgia Straight , ஒன்றுபட்டது மாநிலங்களில் , பிரிட்டிஷ் கொலம்பியா , கார்லிட்டோ பப்லொ , ப்ராஃபிட் வீட்டுவசதி சங்கம் , ஜார்ஜியா நேராக ,

Canadian home prices could fall 40 per cent in major housing market correction: realtor


Canadian home prices could fall 40 per cent in major housing market correction: realtor
Canadian home prices could fall 40 per cent in major housing market correction: realtor
A British Columbia-based broker compares the current situation to the market conditions that led to the U.S. housing crash in 2008
By Carlito Pablo
Samuel Engelking
A realtor fears that the Canadian housing market is so overheated that it could burn the whole thing down.
Adam Major, managing broker with British Columbia-based Holywell Properties, says that what led to the U.S. housing crash in 2008 might be happening now in the country.
Major believes that the government “probably should have done something already.” ....

United Kingdom , United States , Hong Kong , British Columbia , Carlito Pablo , Tiff Macklem , Samuel Engelking , British Holywell Properties , Holywell Properties , Housing Corporation , British Columbia Based , British Columbia Based Holywell Properties , Lower Mainland , Canada Mortgage , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , பிரிட்டிஷ் கொலம்பியா , கார்லிட்டோ பப்லொ , பிரிட்டிஷ் ஹோலிவெல் ப்ராபர்டீஸ் , ஹோலிவெல் ப்ராபர்டீஸ் , வீட்டுவசதி நிறுவனம் , பிரிட்டிஷ் கொலம்பியா அடிப்படையிலானது , பிரிட்டிஷ் கொலம்பியா அடிப்படையிலானது ஹோலிவெல் ப்ராபர்டீஸ் , கீழ் பிரதான நிலப்பரப்பு , கனடா அடமானம் ,