I was on loop net and some properties are being offered with cap rates of 18% and above.are these not great deals- a whole lot better than the 7% we can get in Toronto. It`s only an hour away-is anybody investing there?Is it a potential minefield?

There seems to be no interest in properties in the gta.Are they too expensive and will the expected downturn be an opportunity.I am interested in Multifamily properties in Gta,Hamilton,KWC locale.I live in Mississauga and work in Brampton.

Sure they will-the artificially low rates will hurt us in the long term if no action is taken