Or for the matter, the reals estate industry as a whole. Canadian real estate players are always on the lookout for just about any excuse why you should continue to purchase properties. As witnessed today, just because Warren Buffett bought into Home Capital, everyone in the real estate business were quick to interpret that as a […]
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 […]
Sorry, Housing Crash will not happen to Toronto
Many believe housing crash is nigh for Toronto. Early numbers hint at larger decline in GTA home sales: expert … Toronto’s suddenly dipping housing market appears poised to decline at a higher rate, according to early June numbers from one real estate expert… CTV News Canadian home sales fell 6% in May, but prices still higher […]
Canada Infrastructure Bank’s Impact On Real Estate
Today, the Conservatives are questioning the establishment of “Canada Infrastructure Bank”. Whereby the Conservatives charge that “the Liberal government is asking taxpayers for $35 billion—which roughly equals $1,000 per Canadian—to start a new “infrastructure bank.” Obviously, our focus is folks-orientated as usual: So, how does the proposed “Canada Infrastructure Bank” benefit folks with “higher tax […]
For Sales: $109K Multiplex and Live in the U.S. and Canada at the same time
Ever wanted to live in 2 nations at once? Here’s your golden opportunity Buy this multiplex with five apartments for only $109,000 … Isn’t this a steal considering even a shack will cost you more than $1 million in Toronto or Vancouver nowadays? Best of all, you get to live on both side of the […]
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 […]