09-21-2018, 06:05 PM
(09-21-2018, 02:40 PM)tomh009 Wrote:(09-21-2018, 11:02 AM)urbd Wrote: Remember that all of these new buildings (Charlie, Garment, this one) are completely snatched by investors. They buy 20+ units at a time! And usually months before it goes on sale to the public.
Not all investors, there will be owners living there too. And many investors are individual people buying single units to rent out.
We need more rental housing to calm down the investor condo frenzy.
I thought I saw somewhere that Waterloo Region has the lowest vacancy rate for rentals in the province. Or country .