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11-02-2012, 12:47 PM
  #89
Poulet Kostopoulos
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Quote:
Originally Posted by Mike8 View Post
Immigration and foreign investors are the primary drivers for the real estate market.
Agreed.

Maybe in the early days of the condo boom, the baby boomers had a lot to do with it but not anymore. The high-end condos are mostly bought by foreign investors. Mid to low-end ones are bought by immigrants and the younger population. "Buying" is the new renting nowadays.

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