Imagine someone saying to you "if you buy this house you will earn at least 25%, tax free" Why would that be?   The ability of people with US dollars to buy realestate now gives them at least a 25% advantage over people buying with Canadian dollars.  Regardless of what happens in the market they will always maintain that advantage.  In fact, it will only improve over time. This is what is driving foreign buyers to flock to the Canadian... [read more]