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Daily Archives: June 1, 2023
Mind the pause
Last night a debt-ceiling bill passed in the US House of Representatives and is expected to clear the Senate within the next day or two. Unsurprising, they have passed over 100 of these increases in the last 80 years. More … Continue reading
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Negative-carry rentals typical in the GTA
In 2020, Greater Toronto Area condo investors who bought a unit with a mortgage cleared $63 a month in net rent, on average (before any needed repairs). In 2022, they lost $223. Fourteen percent of condo owners lost $1,000 or … Continue reading
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