ld777

From 2011 all property tax will increase 20-50%.I have few rental buildings in montreal. All of buildings evaluation cost increased 20-50% of value from 2011.I am sure the montreal house market will drop from this winter. The government squeezes all profit from the hard working landlords to save their ass without discussion. They don’t provide good inverstment environment here. Money will go to other place which will make sense. If all money goes away from montreal,who will pay the high tax to create the job offers. I am not against increase the tax but not that fast and that huge. From other hand you only can increase 2-5% of the rent by year.Nobody is stupid,In this circumstance no landlord will renovate the building and keep their building in good shape .

ld777

We need better goverment!

ld777

Montreal is more and more like commonist city.Money will leave here and serching for better place .This is bad situation for everybody.the living expense will be much higher than now.The rent,food,everything.Since they squeez the profit from business people and them will transfer all the expense to their tenants,employes and customers.

ld777

Anybody who has property should check your house value from this website:http://evalweb.cum.qc.ca.
After find out how much your property worth now you will understand what I am saying!

ld777

Who bought your properties at high price in this year will pay for it. Life is getting harder and harder. Small business will not survive only monopoly big company will get more profit from bankruptcy of small ones. Rich get richer and poor get poorer.

ld777

This winter will be good time to buy properties.Prepare your money and wait the price to drop and you will get very good bargain price or sell your properties as soon as possible to get better price from now on.

ld777

I checked again the website of the goverment.Who bought before 2007,the value of house incresed 20-25%.Who bought after 2007 till now,their value of house increased 30-50%.No more house business in canada.Let's move to united states,since their market is down and lower tax.

ld777

2011 will be the year to check your business strategy is right or wrong.

ld777

check your 2011 municipal tax before you buying any properties.The listing agent give you that is 2010.After you find out how much tax you gonna pay then decide to buy or not.