Tweet of the Afternoon #2:

[alwaysinasnit]

4. Perhaps Canada has the right idea.

https://betterdwelling.com/the-canadian-government-just-put-real-estate-investors-in-its-crosshairs/

Canada quietly put real estate investors on notice, right before the holidays — probably hoping it slips under the radar. A newly re-elected Liberal Party of Canada (LPC) distributed mandate letters. These letters contain orders for the Minister to execute and are usually pretty dry. A big exception is the Minister of Housing’s mandate letter, which puts real estate investors in its crosshairs. The Minister has been ordered to cut profits, deter speculation, and limit leverage. Here are the key takeaways.

snip...