[JamieDavid Exchange]

Originally Posted by oftheMoon

Is this the program in Regina you're referring to? I'm just looking for some background reference to draw some comparison to what we know was proposed here.

http://www.regina.ca/opencms/export/...icyjan2012.pdf

Not exactly. I'm referring to this....Click Here

Presently, Regina is a particularly profitable environment for real estate investors. "With the current market in Regina right now - and with the incentive that the city has offered of five years with no property taxes for anybody that buys in the building, because they're trying to get people to come back into the city - it opens up a large opportunity for people that potentially want to invest," Tilley said. "At the prices that we're selling from, and with today's interest rates, if people were interested in investing there, they would be able to rent a unit out there and definitely cover its cost and probably turn a modest profit on a month-to-month basis."