Entering into the Montreal real estate market can be an intimidating prospect for first time buyers. But there are developments out there specifically designed to offer new buyers realistic and affordable options, without sacrificing style or location. That’s exactly what Groupe Cartierville is aiming for with its current project Le Séville sur Barclay. “These units are ideal for firsttime buyers because of their size, and they are very affordable for a new condo,” said Sam Scalia, president of Groupe Cartierville. “We were able to attain this because of the location and size of the land.”

in 2002 they had a whole different set of qualifications for home loans.like 10% down.and a job for over 5 years.by 2006 that flew out the window with pressure from the left supporting country wide to make them more competitive.2007 you didn't even need a job to qualify thanks to the liberal congress.there is your lesson for the day.

The HVCC passed becasue of the problems with fruad in the real estate market. Because of the past real estate practices making the “deal” work many Americans bought homes they really couldn't afford. I understand it makes it more difficult for the appraisers they will now work for the “lender” not by the mortage broker it will protect the consumer and improve confindence in the long run.

Because GOOD is a moral judgement and capitalism is a cold efficient machine with no moral compass except for the one the government forces it to follow.

In a way it's like fire, you can't live without it but you can't let it go everywhere it wants to naturally go (healthcare, education, etc…) or your house burns down.

A bigger question and more concern might be how much input and control do you have over the investments. And are there and how much are any management fees?