Those who assume investors target big cities are absolutely correct. Out of the ten largest CMAs, the highest concentration was in London, ON where 85.5% of condos are investor-owned. The top three are rounded out with Windsor (64.4%) and Kitchener-Cambridge-Waterloo (60.7%). It’s worth noting all three of those markets are typically considered college cities. That can be a problem with the shift in student policies.
https://betterdwelling.com/ontarios-big-cities-saw-investors-buy-up-to-85-of-condos-fueled-by-gov-incentives/
https://betterdwelling.com/ontarios-big-cities-saw-investors-buy-up-to-85-of-condos-fueled-by-gov-incentives/
Those who assume investors target big cities are absolutely correct. Out of the ten largest CMAs, the highest concentration was in London, ON where 85.5% of condos are investor-owned. The top three are rounded out with Windsor (64.4%) and Kitchener-Cambridge-Waterloo (60.7%). It’s worth noting all three of those markets are typically considered college cities. That can be a problem with the shift in student policies.
https://betterdwelling.com/ontarios-big-cities-saw-investors-buy-up-to-85-of-condos-fueled-by-gov-incentives/
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