{"id":52395,"date":"2017-04-20T22:02:44","date_gmt":"2017-04-20T15:02:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ontario-imposes-tax-on-overseas-buyers-to-rein-in-housing-prices\/"},"modified":"2017-04-20T22:16:37","modified_gmt":"2017-04-20T15:16:37","slug":"ontario-imposes-tax-on-overseas-buyers-to-rein-in-housing-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ontario-imposes-tax-on-overseas-buyers-to-rein-in-housing-prices\/","title":{"rendered":"Ontario imposes tax on overseas buyers to rein in housing prices"},"content":{"rendered":"<p>&#013;<br \/>\nOntario announced a rash of measures including a tax on foreign buyers and expanded rent control as part of a plan to temper escalating home prices in Toronto.<br \/>\nThe 15 per cent levy would apply to non-Canadian citizens, non-permanent residents and non-Canadian corporations\u00a0buying residential properties containing one to six units in the greater Toronto area, the provincial government said in a statement on Thursday. Rent control will be imposed on buildings constructed after 1991, which&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2089296\/toronto-imposes-tax-overseas-buyers-rein-housing-prices\" target=\"_blank\">Ontario imposes tax on overseas buyers to rein in housing prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Ontario announced a rash of measures including a tax on foreign buyers and expanded rent&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-52395","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-dD5","jetpack-related-posts":[{"id":52443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/toronto-to-introduce-15-per-cent-foreign-buyer-tax-in-bid-to-calm-red-hot-housing-market\/","url_meta":{"origin":52395,"position":0},"title":"Toronto to introduce 15 per cent foreign-buyer tax in bid to calm red-hot housing market","date":"April 21, 2017","format":false,"excerpt":"\r Foreign nationals who don\u2019t live in Canada\u2019s biggest city and its surrounding communities will pay an additional 15 percent tax on home purchases under legislation proposed by the government of Ontario province. Ontario Premier Kathleen Wynne made the announcement Thursday in an effort to cool a hot housing market\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-homes-may-be-off-limits-to-foreign-buyers-for-two-years-trudeau-says-in-re-election-pledge-to-rein-in-runaway-prices\/","url_meta":{"origin":52395,"position":1},"title":"Canadian homes may be off-limits to foreign buyers for two years, Trudeau says in re-election pledge to rein in runaway prices","date":"August 25, 2021","format":false,"excerpt":"\r Prime Minister Justin Trudeau promised to introduce a two-year ban on foreign homebuyers to tackle housing affordability in Canada if he\u2019s re-elected.The proposed restriction is an attempt to cool a housing market that has soared during the Covid-19 pandemic. Surging prices have become a central issue in the campaign\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/spore-luxury-home-prices-up-7-9-in-q2\/","url_meta":{"origin":52395,"position":2},"title":"S\u2019pore luxury home prices up 7.9% in Q2","date":"August 16, 2016","format":false,"excerpt":"\r Singapore was ranked ninth for global price growth, revealed Knight Frank\u2019s report.\u00a0 Singapore was listed ninth on Knight Frank\u2019s Prime Global Cities Index for Q2 2016, with luxury home prices increasing 7.9 percent in the year to June 2016. According to the property consultancy, prime property corresponds to the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2016\/08\/Prime-price-performance-Q2-2016.jpg?fit=560%2C559&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":99000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-developers-hit-by-new-stamp-duty-tax-on-overseas-buyers\/","url_meta":{"origin":52395,"position":3},"title":"London developers hit by new stamp duty tax on overseas buyers","date":"October 2, 2018","format":false,"excerpt":"\r Builders of luxury apartments fear proposed levy will cut into their prices\r \r Source : ft.com\r Read more...London developers hit by new stamp duty tax on overseas buyers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-to-benefit-from-hong-kong-tax-hike\/","url_meta":{"origin":52395,"position":4},"title":"Singapore to benefit from Hong Kong tax hike","date":"January 20, 2017","format":false,"excerpt":"\r Lower stamp duties in Singapore has made the city-state more attractive for Chinese investors. \u00a0 Singapore may benefit from Hong Kong\u2019s recent increase in stamp duty for overseas property buyers, reported Bloomberg. According to Cushman & Wakefield, Singapore\u2019s three-year slump in house prices could end this year as foreign\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121749,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-cap-annual-urban-rent-increases-at-5-per-cent-to-rein-in-runaway-prices-and-make-homes-affordable-to-job-seekers\/","url_meta":{"origin":52395,"position":5},"title":"China to cap annual urban rent increases at 5 per cent to rein in runaway prices and make homes affordable to job seekers","date":"August 31, 2021","format":false,"excerpt":"\r China\u2019s government plans to put a lid on rental charges in the nation\u2019s cities to rein in runaway housing costs, after years of draconian crackdowns have failed to make urban housing more affordable for the millions of people who enter the job market.Rental charges in urban areas will not\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52395"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=52395"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/52395\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=52395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=52395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=52395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}