Canadian Cities Have Seen Up To 90% of New Real Estate Supply Scooped By Investors
FOMO, the Fear Of Missing Out, spurned real estate investors to buy and push up housing prices as a result of access to cheap credit and the expectation prices will continue to rise. The rude awakening, how many of these properties are running at a negative cash flow with the hopes to sell at a higher price? Even with higher rents, there is still negative cash flow.
How long can these investors hang on?
