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Steve Caunce
writer, illustrator, Social Anthologist
writer, illustrator, Social Anthologist
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Happy Mother's Day
Mother's Love
Mother’s Love This year in Canada this celebrated event honors all Mothers on Apr 14, 2017. Rightly so, after all, we all have mothers and motherhood, maternal bonds and love are all universal. In North America, the celebration of Mother’s Day began in th...

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Mother's Day thoughts and wishes

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A Pair of Fibbers
A Pair of Fibbers Once upon a time at a countryside village, there were two best friends called Nero and Simon, who lived in two ramshackle houses in close proximity to each other. They were also the youngest of their many siblings and so they often were ig...

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And the shoes keep getting laced up tighter and tighter.

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Foreign-owned vacant property should be taxed extra. (Not just condos, vacant factories, cottages and other real estate property as well.)

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Generations of takers, proud of their grifting.

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Properties that rent for below mortgage.
"Pasalis said he decided to carry out the research after hearing anecdotally that Toronto has some “unusual” property investors.

“What was unusual is that, unlike regular investors, many of them were not particularly concerned about the rental income they could generate and were even willing to buy a property that didn't earn enough to cover all expenses,” Pasalis wrote in a blog.

“These investors were buying because of their belief that house prices would only continue to appreciate. … This type of attitude shift is in itself a sign of a market bubble.”

To estimate how many homes are being bought by investors, Pasalis looked at home sales and rental listings to see how many newly-bought homes were listed shortly after on the rental market.

He estimates that 36 to 39 per cent of the homes bought in Greater Toronto’s hottest neighbourhoods in recent years have been bought by investors. The speculation is taking place in outlying areas as well, with investor purchases quintupling in Ajax, Oshawa and Whitby in the space of four years."
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