Assignment sale is a popular way being used to do speculative buying in today's Ontario real estate market. The original idea of supporting assignment sale as a aid to buyer in case of changes to financial situation is being misused by buying properties speculatively and selling without closing the property. This is against the basic economics that individuals are buying property even though financially not viable , eventually leading to a supply demand issue. This is definitely affecting first time home buyers trying to enter a over-inflated housing market.