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Lots of government announcements in the news in the last few days as well as an end date announced for the first US property on the addy platform. A favour – spread the word! Encourage your friends and family to join addy – every referral helps us grow and make the platform better for everyone! Today’s reading time is 4½ minutes. |
📰Industry News |
Liberals say their plan to ‘solve the housing crisis’ will build 3.9M homes by 2031 “It’s a plan to build housing, including for renters, on a scale not seen in generations. We’re talking about almost 3.9 million homes by 2031.” (Western Investor) Twitter Commentary: |
Feds commit to exploring CRA income verification in budget 2024 to address mortgage fraud The federal government today confirmed plans to consult with the mortgage industry on developing income verification tools through the Canada Revenue Agency. (Canada Mortgage Trends) Twitter Commentary: |
How will the Bank of Canada’s interest rate decision impact real estate? Victor Tran, mortgage and real estate expert at Ratesdotca, said in a statement to BNNBloomberg.ca Wednesday that the housing market “continues to be in a holding pattern” characterized by tight supply and “stiff competition for desirable properties.” (BNN Bloomberg) |
🇨🇦 The Federal Government Housing Plan |
The Federal Government announced their housing plan. You can access the complete Canadian Government Housing Plan right here, outlining its strategies to enhance housing accessibility and affordability for Canadians. The overarching topics are:
Twitter Commentary: |
🗽Bye, Bye, Bye US Property 👋The first American property, located at 1822 N Perkins Rd, Stillwater, OK, brought to you by Apex Student Living will close at the end of this month. This property has already been paying out distributions! There is less than $30,000 USD in equity available for investment. |
This is your last chance to become a part-owner of a remarkable 234-unit, 732-bed student housing community that sits right next to Oklahoma State University in Stillwater, Oklahoma. (Learn More) |
💰 Trout Lake Duplex |
The front unit of the Trout Lake duplex has an accepted offer and subjects were removed. Watch for more details about the larger, back unit going up for sale soon! |
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Available Investment Opportunities |
The HarrisonThis is your opportunity to participate in the ownership of 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building located in the City of Calgary. (Details) ✅ Projected Monthly Dividends have already begun 1069 Canadians have invested an average of $593.84 |
Astra Block IndustrialThis is an opportunity to participate in the ownership, upgrading and renovating of an Industrial building situated upon 1122 40th Avenue NE, in Calgary Alberta. (Details) ✅ Projected Quarterly Dividends |
Retreat CondosThe opportunity is to participate in the ownership of a 357-unit condo development situated at the address of 3291 Kingston Rd and 2&4 Windy Ridge in Scarborough, Toronto, Ontario. (Details) 757 Canadians have invested an average of $630.80 |
Apex on PerkinsParticipate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma. (Details) ✅ Projected Quarterly Dividends have already begun 🏁 Closes End of April |
Lakewood Shopping CenterParticipate in the ownership of a neighbourhood shopping centre located within Lake Country, alongside Highway 97. (Details) 674 Canadians have invested an average of $482.63 |
Upcoming Events |
Join us to hear from Kevin Falcon, Official Opposition Leader for the BC United Party and MLA for Vancouver-Quilchena on April 15th | Vancouver (Tickets) |
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