Comments by "Mike" (@alphacentauri8083) on "Reventure Consulting" channel.

  1. Great news! Everybody's been moving to Florida and the cost of living here has really skyrocketed. The Fl homeowners insurance market trend is untenable. I've seen my policy increase year over year, and I heard that insurance companies are going to require every homeowner to carry flood insurance, even if you live in a no-flood zone. I own everything free and clear, but I'm thinking of selling everything and buying a small cabin in the Yukon far away from all the rif raff.
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  2.  @lenguindon5019  INCORRECT. There is a loophole. The law that you're quoting only applies to homes in residential areas. A cabin way north of Whitehorse or Haines Junction isn't exactly a "residential area". "A new law prohibiting foreign investors from buying residential property in Canada for two years isn’t as restrictive as it seems. Enacted Jan. 1, the ban is intended to cool Canada’s white-hot housing market by freeing up supply for priced-out locals. Despite its fearsome name, the Prohibition on the Purchase of Residential Property by Non-Canadians Act isn’t all-encompassing, however. And for non-Canadians who’ve been thinking about buying a British Columbia ski cabin or an Ontario country cottage, the timing might actually be fortuitous."
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