Condo Act revolutionized housing market in Ontario

[joeiannuzzi]

When Alvin Rosenberg was asked to comment on the proposed Condominium Act before it came into existence in 1967, little did he know the act would so dramatically affect the Ontario housing market over the next four decades.

"I thought it would be a useful tool in real estate ... I never dreamed it would become as predominant as it has," says Rosenberg, then a lawyer who later became a Supreme Court judge.

Rosenberg is the author of Condominium in Canada, a legal text which was the first on the subject in this country, and the founder/president of the Canadian Condominium Institute.

http://www.thestar.com/living/article/305114

 

[thejules]

Yeah mon! The Condominiums are also a lot easier to manage and rent out as long as your in a well funded complex. I love my condos and so do my tenants. In Orillia they are largely an over looked property type, which is my advantage. Have a rainbow day!