As real estate prices continue to increase, man are asking the question whether it is better to rent or to own. Obviously, there are a number of intangible factors that are important. The tangible factors are of course money and the economics of investment. The economics of investment are influenced by taxation. As real estate professionals you are called upon to advise your clients. Interestingly one of he most important questions is to know whether your client is a U.S. citizen (triggered by having a U.S. birthplace). The reason is:
The Toronto Real Estate market continues to be strong. It’ relatively easy to sell a relatively well priced house in the Toronto market. That said, how should sellers go about the process of selling? Do the service of a “full service” broker add value in such a market?
On May 9, 2014, The Toronto Star ran articles with differing perspectives.