Quote:
Originally Posted by TheHonestMaple
I can't find any information online about syndicated mortgages being shut down by regulators in Ontario or elsewhere in Canada. There's nothing illegal or shady about syndicated mortgages. They're high risk unregistered investments. If you're willing to invest in such a security, and you don't know the risks, then that's your problem as the investor. Lamb really hasn't done anything wrong on that front. It's a smart way for him to finance his projects in a way that also allows people to make money off it.
I really don't like how some people try to make developers out to be the bad guy. It's generally the same people who complain that we 'need more housing!'
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Maybe if we stopped bringing refugees in from abroad we could afford to house the people already here.. just sayin'...
why do we continue to bleed our country dry when we cannot even provide for the people already here...
(and yes I know the answer to that I am just being facetious and sarcastic before someone jumps in and fact checks it)