Ottawa needs to make housing its top priority

Globe and Mail

By Dan S. Barnabic, November 7, 2016 

After some very disturbing news from British Columbia this summer, where a Globe and Mail investigation discovered that our major banks were favouring foreign buyers by turning a blind eye to a prudent approval process when granting them uninsured mortgages, one has to wonder about the future of housing in this country. Have these deplorable bank practices, since rescinded, fearing the public outcry, been condoned and encouraged by our government, which previously voiced concern about foreign ownership? How else could Ottawa’s (only) recently introduced measures in closing loopholes related to capital gains taxes and mortgage qualifying criteria, be explained? Why so late and only after such reporting?

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What will it take to rein in Toronto and Vancouver housing prices?

Globe and Mail

By Dan S. Barnabic, Diana Petramala and Bryan Tuckey, December 19, 2015

Three experts weigh in on a challenge.

Dan Barnabic is the author of The Condo Bible for Canadians.

Before the recent federal election, the Liberal Party promised to “undertake a review of escalating home prices in high-priced markets – such as Vancouver and Toronto – to determine whether speculation is driving up the cost of housing and survey the policy tools that could keep home ownership within reach for more Canadians.”

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Stephen Harper’s approach to real estate issues is flawed

Globe and Mail

By Dan S. Barnabic, August 29, 2015

What else but bizarre would you call Conservative Leader Stephen Harper’s re-election promise to spend a half a million dollars of taxpayers’ money to collect data on foreign ownership of our real estate market to ensure that the purchase of homes by foreign, non-resident investors doesn’t affect the “availability and affordability of homes for Canadians”?

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Does it make more financial sense to own a condo or rent an apartment?


The Condo Bible book excerpt chosen by The Globe and Mail to accompany Rob Carrick’s article (see my previous post). Published by The Globe and Mail on Monday, January 13, 2014

From The Condo Bible for Canadians, Everything you must know before and after buying a Condo, by Dan S. Barnabic. Copyright © 2013 by Dan S. Barnabic. Reprinted with permission of Neon Publishing Corp.

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What you need to know before, and after, buying a condo


By Rob Carrick, January 13, 2014

Your life as a homeowner will likely include some time in a condo. Condos suit young adults, and retirees who want to downsize. As houses rise in price, more people in between those extremes may opt for condos. Given the strong foundations for condo demand, there are surprisingly few resources available to help people make smart buying decisions.

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