Quote:
Originally Posted by Metro-One
It also doesn’t factor in when a small percentage of people buy up large quantities of the supply simply for investments, therefore not reducing the demand and instead inflates the prices far beyond their natural equilibrium.
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Don't all these investment properties increase the amount of rental supply especially with the new empty home tax? I never got how owning a 2nd place thats rented out=bad. Also higher prices help drive growing construction as projects that seemed unprofitable become profitable and we can afford to pay construction workers more.
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