Critics blast B.C., federal government condo ‘bailout’
Last week, Mark Carney said the government will 'leverage innovative financing tools from Build Canada Homes to convert thousands of vacant condos into affordable homes.'
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Last week, Mark Carney said the government will 'leverage innovative financing tools from Build Canada Homes to convert thousands of vacant condos into affordable homes.'
Converting British Columbia's glut of unsold condos into affordable housing is about supporting Canadians, not distressed developers, Prime Minister Mark Carney said Thursday as he...
Paul Fenske and Theo Finseth: Ottawa and B.C. want to buy 2,200 empty condos and turn them into rent-to-own homes. It could be a bailout — or one of the biggest affordable-housing...
Conservative Leader Pierre Poilievre is calling on Parliament to probe Ottawa's proposal to convert unsold condominium units in British Columbia into affordable housing.
A South Florida woman fulfilled a lifelong dream when she bought her waterfront condominium last year. She even came up with thousands of dollars at...
The bill is inspired in part by the 2021 collapse of the Champlain Towers South condo in Surfside, which killed 98 people.
Carney announces $3.2B to buy B.C. condos developers can’t sellPrime Minister Mark Carney is set to commit $3.2 billion in combined federal-provincial funding to effectively absorb...
British Columbia Premier David Eby says a joint federal-provincial plan to convert unsold condominiums into affordable housing would be like buying something "on liquidation."
“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. Exactly one year ago, this column highlighted the t...
Buyers tried to walk away from contracts - court shuts it down
TorontoRealtyBlog Raise your hand if you had this one on your bingo card? Mark Carney bailing out condominium developers in British Columbia? You've got to be kidding... The post...
A beleaguered Pembroke Lines condominium association, where a former property manager was criminally charged over allegedly misappropriating funds, filed for bankruptcy. The Windmi...
Good afternoon, taxpayers of Canada. It is me, Mark Carney, your Definitely Liberal Prime Minister. I hope that you are all having a wonderful, fiscally profitable day. My secretar...
A government plan to buy empty condominiums and turn them into affordable housing in British Columbia might be more about stabilizing the financial sector than housing, an urban pl...
The proposed program has faced criticism from opposition parties and housing experts, some of whom have said it amounts to a 'bailout' for condo developers.
A high-stakes land lease crisis in Palm Springs has left condo owners facing an ultimatum: Pay a $100,000 extension fee or face eviction.
Lawmakers reintroduce the Making Condos Safer and Affordable Act to expand low-interest loans for structural and life-safety work.
Failing a single Fannie Mae or Freddie Mac criterion could freeze financing for an entire condo association, lender warns
The House passes a housing bill that protects build-to-rent development while still cracking down on large investors.
The bank had a senior mortgage and a foreclosure win - but one detail sank its rental claim
Against the backdrop of a long-mounting statewide housing shortage, California lawmakers seem poised to finally overhaul rules that have choked condo construction for more than two...
Orlando developer Chuck Whittall is under contract to buy out the owners of a waterfront co-op building in West Palm Beach, The Real Deal has learned. Whittall, founder and CEO of...
Conservative leader Pierre Poilievre is criticizing a plan by Ottawa and the B.C. government to buy unsold condos for affordable housing, calling it a bail-out for developers.
Miami-Dade county officials agreed to pay HRP Group more than double the price for land on Fisher Island to protect fuel depot used by the cruise industryA three-way tug-of-war eru...
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