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Nov.6
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Nov. 6

 

My Winterim Project name is "the realty company in Canada." Yesterday, I represented myself as a potential buyer who considered couple reasons before I decided to buy a residential house. I thought of one more reason which I need to consider. Sometimes, the government will come up with some policies to regulate some certain communities, so I should consider which policy benefits my investment to the residential house. Today, I will continue talking about the book that I've been reading.

 

There are some different ways by which the developers are able to get land. First, developers can send requests to the government to require land. There are some processes that developers need to go through. a) Tell the government where you want to buy. b) Consult with the government about how much land you want to get. c) Check and ratify the areas of land. d) The government approves to give you your land. Second, the nation could be considered as a land owner who has the right to rent out land to the developers, but the developers need to pay the nation at regular intervals. Third, the land owner has the right to auction a land to developers who can pay the most money to buy it. 

Enjoy!

 

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