Property ain't cheap in Canada, but you can find a bargain in sunny Florida. And many Canadians have. Since the 2008 mortgage crisis, many have been scooping up Florida homes that have been foreclosed. But turns out, some of those deals are too good to be true.
Part Two of The Current
It's a Steal (Documentary)
We started off the segment with Joe Koebel. He sells foreclosed homes in Florida. There have been a lot of those on the market in the wake of the US mortgage crisis. And a lot of the people doing the buying have been Canadians ... who buy more property in Florida than any other group of foreigners.
But now, there are allegations that many of the foreclosed homes may have been seized through a system that is unfair ... and perhaps even corrupt. The Current's Howard Goldenthal headed down to Florida last year to look into those allegations and to find out how they are affecting Canadians. Here's his documentary, It's a Steal - which first aired on The Current in November.
Last Word - Game Changer Promo
For our last word today, Piya welcomed host Anna Maria Tremonti back to the airwaves. She'll be hosting on Monday as The Current launches its tenth season on the air. Anna Maria also shared a special project the show is set to launch.
Other segments from today's show: