Читать книгу Buy & Sell Recreational Property in Canada - Geraldine Santiago - Страница 8

Demand for recreational real estate has already exceeded supply in many areas throughout Canada. Contributing factors are low interest rates, more international buyers, baby boomers reaching retirement age, and a decreasing number of waterfront properties. As a result, the demand for less traditional recreational properties has increased. In many markets, small farms and acreage sales are on the upswing. Also growing in popularity are leasehold properties. In many cases, purchasers of leases (of up to 99 years) are permitted to tear down existing buildings and build to their specifications on the land. (See Chapter 2 for more information about leasehold property.)