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” Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest “ The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users’ interest and a crypto bear market. Land sales plunge 85% in 2022 In particular,…
“Why we need to tax million-dollar-home owners” To tackle the scourge of housing unaffordability, older, wealthier homeowners need to chip in Paul Kershaw is a policy professor at the UBC School of Population and Public Health. He is the founder of Generation Squeeze, a think tank that promotes well-being and fairness for Canadians of all…
“The battle for the soul of Muskoka” It was the type of warm spring day that had brought Roger Oatley to Muskoka for more than two decades: towering green trees, fresh air, and boats with familiar faces welcoming everyone back to Canada’s most coveted cottage country.En route to his summer home in May of 2021,…
“Cottage Industry: Canmore, “the mountain town”” Surging prices, bidding wars, blind offers—the search for seasonal real estate has become a battlefield. Tales from 10 of Canada’s hottest vacation towns. In the July issue of Maclean’s, and each week here online, recent buyers divulge what they had to do to acquire the cottages of their dreams:…
“For $19 million you can buy this castle on the Island of Montreal” Properties like the Bois-de-la-Roche castle—inspired by the historic castles found in the French Loire region—don’t hit the market very often There aren’t many 19th-century castles in Canada. But every once in a while, one of them hits the market. Tucked away in…
“Cottage Industry: Muskoka, “the old faithful”” Surging prices, bidding wars, blind offers—the search for seasonal real estate has become a battlefield. Tales from 10 of Canada’s hottest vacation towns. In the July issue of Maclean’s, and each week here online, recent buyers divulge what they had to do to acquire the cottages of their dreams:…
“For $31 million you can buy this iconic estate in the heart of Montreal” The stunning 67-room mansion in Ville-Marie’s Golden Square Mile was built in 1913 for famed industrialist and philanthropist J.W. McConnell In the heart of Montreal is a majestic residence that takes luxury to a whole new level. Located in Ville-Marie’s Golden…
“This landmark skyscraper was redesigned for the future” When the square is finished in 2024, the complex will feature two towers—50 and 49 storeys, respectively—and more than three million square feet of floor space When British architect Dominic Bettison visited Toronto for the first time in 2013, he saw a whole lot of Mies: Ludwig…
“Cottage Industry: Annapolis Valley, the “eastern attraction”” Surging prices, bidding wars, blind offers—the search for seasonal real estate has become a battlefield. Tales from 10 of Canada’s hottest vacation towns. In the July issue of Maclean’s, and each week here online, recent buyers divulge what they had to do to acquire the cottages of their…
“The Move: Why this family left Toronto for Kelowna” The Grants considered a move to Ontario’s cottage country before settling on a five-bedroom in British Columbia The buyers Sarah Grant, a 40-year-old home-organization entrepreneur; John Grant, a 38-year-old software engineer; and sons Jack, who’s seven, and Charlie, who’s nine. The budget $2.3 million The backstory…