Even with interest rates due to ease up later this year, people have still been extremely hesitant to purchase real estate in Toronto — especially …
Even with interest rates due to ease up later this year, people have still been extremely hesitant to purchase real estate in Toronto — especially …
Unoccupied real estate should get taxed proportionally with the time they’ve been unoccupied, to put pressure on the owners to either sell for less or rent for less. Sitting on empty real estate is a huge waste of resources, and should never be the economically optimal choice.