Support Tax Incentive for More Rental Units
Information summarized from the Association of Saskatchewan REALTORS® October 12th news release.
Saskatchewan’s real estate industry wants the next provincial government to offer a special short-term tax incentive to increase the number of apartments and other rental units.
REALTORS® say people looking for a place to rent are finding very few choices because supply is limited in today’s market. Saskatchewan has the country’s highest rate of growth but the second lowest supply of rental units on a per-person basis.
The Association of Saskatchewan REALTORS® say today’s rental shortage is the result of decades of neglect and poor policy that made investing in apartments unattractive.
Read more here: http://www.saskatchewanrealestate.com/Government%20Relations/ASR%20Election%202011%20-%20News%20release%201%20-%20October%2012,%202011.pdf