Day: August 21, 2021
The good, lousy and unattractive of Ottawa’s very hot pandemic housing market place
The housing market in Ottawa has been wild and unpredictable throughout the pandemic, and that breeds some ugly — and also fantastic news stories. From 19 bidding wars to obtaining gems in rural Ottawa and Quebec, realtors, as perfectly as new and to-be home owners share their ordeals in the region’s very hot industry. Forced to look
Detroit secures, auctions off initial batch of Proposal N residences
Detroit — The Detroit Land Bank Authority this week set the initially batch of vacant residences stabilized with voter-approved bond funding up for auction. The $250 million bond, coined Proposal N, as in neighborhoods, was championed by Mayor Mike Duggan as essential in stabilizing Detroit’s housing inventory, by tearing down a proposed 8,000 houses and securing
Housing affordability specialist warns millennials will in no way get a household
Housing affordability expert Ian Ugarte has warned youthful folks not to “rely on the bank of mum and dad” when they program on buying a household, cautioning they might turn out to be trapped in the rental cycle for good. Whilst some youthful people may perhaps have their family’s monetary guidance at the prepared to
Plans unveiled for previous Howard Johnson website in Nanaimo
A mixed-use riverfront redevelopment proposed on the previous Howard Johnson resort lands in Nanaimo would convey 698 housing units, a lodge and a waterfront park to the northwestern edge of downtown. The Millstone Riverfront Task, with predominantly mid-increase household buildings on 7.2 acres, involves rezoning approval in advance of proceeding. Mayor Leonard Krog is thrilled
Heron Gate tenants say developer’s social deal would not meet affordability demands
A Heron Gate tenants group claims the town should really have fought tougher for a more reasonable definition of affordability when negotiating the binding memorandum of understanding meant to promise social commitments with a developer. Residents who’ve structured underneath the community advocacy group ACORN say the settlement with Hazelview Investments misses the mark by calculating affordability