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The issues of concern for the city of Toronto and for the rest of the country. 

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Investors have forgotten what a house is for.

  • Writer: bluegreen77
    bluegreen77
  • Oct 21, 2018
  • 1 min read

Investors have forgotten what a house is for: for a Family with children to raise.

A house is NOT JUST FOR INVESTMENT and TO MAKE A PROFIT; a house is to have the needed space to raise a FAMILY.

The profit of a house will come overtime , with the years the owner of the house will have the house.

A house is NOT REAL ESTATE WITH WHICH AN INVESTOR CAN MAKE A QUICK PROFIT WITH . The consequences of this is already felt to from the residents of the city of Toronto and is obvious with prices of houses out of control and out of reach DETRIMENTAL TO THE FAMILY WHO NEED A HOUSE TO RAISE THEIR CHILDREN.

The SELLING PRICE of a house must be capped and calculated with the inflation rate of each year.

Thus the selling price of a house will be much less than calculated with the market value, and it will be a reasonable increase.

And then, we will have to tackle how we will get the prices of houses to at least the price of houses ten years ago.

Prices of houses HAVE DOUBLE IN THE PAST TEN YEARS. That is too much, and out of reach for the MODEST.

 
 
 

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