Quote:
Originally Posted by KnoxfordGuy
From the Times & Transcript
Rental vacancies in New Brunswick:
Saint John: 3.3
Moncton: 2.2
Fredericton: 1.4
Apartment buildings are being built across Moncton and Fredericton but vacancy is still down year over year.
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Source for the Rental Vacancy Rates.
It's no wonder the Big3's housing markets are so hot at the moment. Even with the double taxation on rentals, it's still worthwhile to build and build big. I just hope we can keep the pressure up to sort that taxation issue out eventually. With the market so hot, the temptation will be to leave things as they are because it is 'working'.