Open bidding is not the answer

Most experts think the solution to Canada’s runaway house pricing is to have open bidding. It’s not! Michael Moffatt of the Smart Prosperity Institute:WOULD A BAN ON BLIND BIDDING SLOW THE GROWTH IN CANADIAN REAL ESTATE PRICES? Key Points From This Report During the election campaign, the Liberal Party ran on a promise to include […]

Perils of living in super high rise condo buildings

The perils of living in super high rise condo buildings The nearly 1,400-foot tower at 432 Park Avenue, briefly the tallest residential building in the world, was the pinnacle of New York’s luxury condo boom half a decade ago, fueled largely by foreign buyers seeking discretion and big returns. Six years later, residents of the […]