Credit When it comes to fire prevention, media in Canada basically take comments by local experts at face value ie. because we have Building Code in place, catastophe similar to Grenfell Tower a.k.a the London Inferno has no chance to take place. TRUE or FALSE? First, let’s take a look at what the media say, London’s fire […]
Toronto Homes – What can you get for $1 million today?
As a sequel of “Toronto Real Estate Revolution – Home Buyers Resist to Buy, Home Sellers Persist on Price”, Let’s take a look what can you possibly get for $1 million in Toronto today. Realistically, these are your option:- $1.18M “Let’s just call it ‘rustic’?” “Brilliant!” “To the printers!” “Can we get tetanus shots there?” Or […]
Toronto Real Estate Revolution – Home Buyers Resist to Buy, Home Sellers Persist on Price
Toronto real estate is undergoing a revolution no less dramatic than the French Revolution. Home Buyers staged a Coup d’état, they boycott buying home in the hope that the housing market will crash as a result. The have-nots wanted a real change in regime. They wanted to transform Canada from an “Sellerland” to a “Buyersphere”. They […]
High Home Prices, High Deficits, High Costs, High Taxes, But Stagnant Income
Justin Trudeau giving a speech with the Vancouver skyline visible in the background Message from Conservative Party of Canada: – “Canadian business magnate, investor, and philanthropist Stephen Jarislowski recently said: “You do not build a prosperous nation by excessively taxing those who create prosperity and jobs.” Unfortunately, Justin Trudeau didn’t get the message. He should spend […]
Canadian Homes Prices are 4th Priciest whereas Income ranked 11th in the world
When it comes to home prices vs. income, Canadians are like couples with mismatched libidos … Okay, bad analogy here. The truth is we got a real serious Mismatch: Income and Expense Volatility Are Undermining Households HARD FACTS Canadian homes prices are the 4th priciest in the world. Whereas Canadian income (GNI) ranked 11th in […]
Is there a relationship between Democracy and Real Estate?
Conservatives alledged Liberals aren’t liberal, sorry, undemocratic. Out of curiousity, we wonder if democracy is related to real estate? Or perhaps public housing? Does the following message provide any clue for thought as far as the hotter than hot housing market is concerned? Message from the Conservatives … “Making a mockery of our democracy What […]