OZZIE’S TAKE ON THE 2022 BUDGET – EYEBROWS RAISED STRAIGHT BACK; HUGE NEW ASSIGNMENT TAX, FLIPPING, FOREIGN BUYERS’ CHANGES; THIS NEWS WILL KNOCK YOUR SOCKS OFF: NO MORE RS-1 ZONING IN VANCOUVER; INFLATION TO STAY FOR YEARS; CAN ALL DEVELOPERS COMPLETE?; ASTOUNDING: NEW LISTINGS LOWER AGAINST 2021 BUT NOT AGAINST PREVIOUS 4 YEARS; EXPECT LISTINGS TO CONTINUE TO INCREASE; SF SALES PLUMMET IN VANCOUVER AND THE VALLEY; NUMBERS: MARCH 2022, 2021, 2020, 2019; US DOLLAR NEARING ALL TIME HIGH – AS OZBUZZ FORECAST; US POT IS LEGAL; PHOENIX STATS; CANADIAN DOLLAR OUTLOOK; INTEREST RATE FORECAST; QUESTIONS, QUESTIONS; SONG/MUSIC OF THE MONTH – SOMETHING TOTALLY DIFFERENT; BINGEWORTHY TV SHOWS; SILLY CORNER
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Well, in a co-op essentially - residents buy a share allocated to a particular apartment in the co-op building but the building is owned by the Co-op Society. There are two kinds: Profit and non-profit. The non-profit buildings are mostly government sponsored (through loans), have income restrictions and are meant to be given back at no profit. Actually most