Comments on this story are moderated according to our Submission Guidelines. “It’s both going to result in a generational shift of people leaving the province or it goes to result in ultimately some kind of value deterioration that is going to catch a lot of people off aspect.” Butler says he’d like to see intervention to stem the behaviour of investors from all three levels of government — before it’s too late. “When investors are the most important segment of your purchaser base — no quantity of supply is sufficient,” mentioned Pasalis. “I’m making an attempt to plan to get my foot in the market, and it is like each time I attempt to take a step, I fall back 10 behind,” mentioned Murray. Publicly traded house builders have an even bigger share of the market and stronger stability sheets than they did in the last massive boom.
- Councillor John