CREA senior economist Shaun Cathcart says the lack of supply in Canada's housing market is the major factor behind the surge in home prices.
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How to catch up and keep up 🙌 kind of applies to everything today ,,,,
Because of the economic crisis and the rate of unemployment, now is the best time to invest and make money 💯
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Thanks for the info I’ll message him when I’m done with work for the day
This is needful but beginners shouldn’t settle for videos alone,deep thoughts of life is not shared or made available to everyone I am so happy for taking the bold step in working and investing $10,000 with him after a week I received $39,000 to my bank .
I’m so happy I got to see this information i guess giving him a trial will surely convince me😇
Boom to doom .
Not landlords and banks?
I mean yeah my grandma caused this by ignoring the warning signs years ago, but now she’s a victim of profit machines like anyone else.
We know whats going on you know whats going on so stop bullin,
Expand your research. Why is there no mention of houses being bought up by investment companies? They over bid and over inflated the market because they pass down higher buying costs to the renter once they flip a house into a rental. Additionally it reduces the amount of inventory for sale. Some areas are seeing more than 25% of house sales going to investors not buyers planning to live in the home.
Because our ‘minister of housing, divesity and inclusion’ himself owns multiple investment properties and doesn’t want to ‘hurt mom and pop investors’
If you can see by now the gov’t is intentionally driving housing up not sure what to tell you
Because they’re just corporations being corporations. That’s not news.
Boomers
Landlords and banks
I just saw a small home in Toronto next to my kids school & the price was $1.8 mil,I thought it was $1.1 (for the most) geez the money is sure rolling in from somewhere.
@Juliette Gill I’d like some knowledge on where the money is coming from so I can join in the party as well.
@Smooth Operator the bank?
Fix our housing market so the young adults have something to work for. If they can’t afford a house or family what do you think Canada will become?
Fix our housing market so the young adults have something to work for. If they can’t afford a house or family what do you think Canada will become?
See now I’m conflicted because on the one hand I think you’re Si based, but in the other I agree with your message
. It’s far better for a bank to lend money to a landlord, who will buy a house and then rent it to you (or whoever can pay) , than it is for the bank to lend you money to buy a house.
You might lose your job or become sick: the bank might lose money.
But the landlord will evict you, find another renter and the bank will get their money back.
Expand your research. Why is there no mention of houses being bought up by investment companies? They over bid and over inflated the market because they pass down higher buying costs to the renter once they flip a house into a rental. Additionally it reduces the amount of inventory for sale. Some areas are seeing more than 25% of house sales going to investors not buyers planning to live in the home.
I just saw a small home in Toronto next to my kids school & the price was $1.8 mil,I thought it was $1.1 (for the most) geez the money is sure rolling in from somewhere.
Knowledge and research are crucial parts in staying ahead in today’s ever changing market trend. For honest investment advice and mentorship I recommend you contact David Mancini ☝️
Limit the number of rental properties in neighbourhoods! Limit the number foreign investors! Open auction buying in place. And build war time starter homes for young families! Our Canadian young families are suffering because of this and this needs to change !