Real Estate News

Condo prices are set to put many investors in the red as rents fail to meet carrying costs

Condo prices are set to put many investors in the red as rents fail to meet carrying costs

There’s no shortage of people lining up to invest in the city’s burgeoning condo market — many of them mom-and-pop investors who see rental units as a hedge for their children against the increasingly unaffordable property market. Others are self-employed individuals without a pension who view a condo as an appreciating asset to help fund their retirement. […]

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