What You Need to Know About the Overseas Investors Who Are Scooping Up Toronto's Skyline
Sunday Dec 11th, 2016
ShareWHAT YOU NEED TO KNOW ABOUT THE OVERSEAS INVESTORS WHO ARE SCOOPING UP TORONTO'S SKYLINE Forget low interest rates and the lack of single-family homes. Brokers and analysts are pinning Toronto's real estate insanity on a new scapegoat: a wave of wealthy foreign investors who swoop into showings over Skype, toss cash around like Canadian Tire money and leave their luxury penthouses empty. They'll do whatever it takes to call Toronto home - even if they never plan to set foot in... [read more]