by John Bailo ➕follow (0) 💰tip ignore
The demand for rental units peaked nationally in 2012, according to an analysis that will be released Thursday by Canadian Imperial Bank of Commerce economist Benjamin Tal. Toronto hit its pinnacle in 2012, while Vancouver did so last year.
http://www.theglobeandmail.com/report-on-business/report-warns-of-excess-supply-of-rental-units-in-toronto-and-vancouver/article16844345/
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Also Canada realized that bringing in Chinese money is not helping them.
http://online.wsj.com/news/articles/SB10001424052702303874504579377782536917724?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303874504579377782536917724.html
http://www.theglobeandmail.com/report-on-business/report-warns-of-excess-supply-of-rental-units-in-toronto-and-vancouver/article16844345/