@ShaziGoalie yes, the builder can come after the client whether it was sold on MLS or on their builder forms. If the difference was lower. Plus all costs.
I am not big on twitter. But this is an issue that everyone needs to understand. With Development Charges increasing 50%, construction costs, land etc. going up, new development pricing will continue to escalate. Govt taxes represent 30+% of the cost of a new home.
"It reverberates across the industry for all new developments, and it’s going to create upward pressure on prices." As Toronto's supply shortage looms, critics ask why it's becoming even more expensive to build housing. @donnelly_b@_RESCON@cityoftoronto
https://t.co/2PzNzMVFwm
I'm not buying a long term exodus from Toronto by Generation Z. Single people, are you really going to spend your Friday nights on a Jack Astor's patio in Newmarket?
New York’s St. Regis Hotel Launches Nightly Champagne Sabering Ritual. The tradition dates back to the hotel’s earliest days. #LiveExquisite https://t.co/26WqgekaK0
Images from this morning's Official Groundbreaking - Construction on Montreal's most exciting condo project, #tourdescanadiens3 has commenced! @TourDesCH
#MTL sales growth exceeded 20% in 5 of the city’s most popular boroughs last year. In GTA, sales decreased 18% & 10% in Greater Vancouver. The last time growth in Montreal sales outpaced Toronto and Vancouver was in 1998. @financialpost https://t.co/t2abHJ4gPF #realestate
With vacancy rates at record lows and supply severely constrained, rents will continue to rise for rental properties across the GTA. @cbcnews https://t.co/iYSSce55ex
#MTL is emerging as 1 of #Canada’s leading cities for tech & AI innovation ranked one of the most high-tech cities in the entire world. At #18, MTL was praised for a strong startup culture and #innovation in VR. @mtlblog https://t.co/z0OKt7lNKM