[KTrain]

Opinion: Real estate's dirty little secret: Inflated fees

In our view, another culprit in the current house price inflation and affordability crisis has escaped most pundits’ notice, namely, the overall opacity of Canada’s residential real estate market. The blind-auction process, the lack of real-time sales data in the public domain and the poor transparency concerning fees to enter and exit real estate all clearly exacerbate the housing affordability crisis. A fully transparent residential real estate market is in every Canadian’s best interest and would go a long way toward slowing down house price inflation. Of all potential reforms to the Canadian real estate market this seems to us the obvious place to start.

https://financialpost.com/opinion/op...-inflated-fees