Common Misconception: Buyer's Market vs Housing Supply in the Toronto Housing Market
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Timestamps:
00:00 Introduction
00:37 The Great Misconception: Buyer's Market vs Housing Supply
04:26 How to Get Market Rent When Your Unit is Under Rent Control?
In this video, Dan addresses the burning questions and comments from our viewers, providing clarity and valuable knowledge on topics that matter to you.
🏡 Key Highlights:
Buyer’s Market Analysis:
Understand what defines a buyer's market, and how it's currently shaping the real estate scene in Toronto. We dissect misconceptions and provide a clear picture of the market dynamics.
Real Estate Misconceptions:
We clarify common misunderstandings between buyer's market conditions and housing supply issues.
Rental Market Insights:
Explore the intricacies of the rental market, including the impact of rent control in Ontario and strategies for landlords and tenants navigating this challenging environment.
Investor Strategies:
Tips and strategies for investors grappling with below-market rents and high mortgage rates. Learn about potential solutions and how to adapt to the current market.
🔔 What's Coming Up:
Next week, we'll dive into the legalities and complexities surrounding developer rights and buyer's rights in real estate transactions. Don't miss out on these critical insights that could impact your real estate decisions.
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Your questions and comments are the lifeblood of our channel. If you have any queries or topics you'd like us to cover in future episodes, please comment below. Your input is invaluable in shaping our content.
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Thank you for watching, and stay tuned for more expert real estate insights and advice!
Пікірлер: 9
Good job! Keep up the videos.
Mr Wong You Are Right
MR WONG, YOU are NOT WRONG :) Great video
1:04 housing shortage down the road - I think a lot of this is being backfilled by purpose-built rental housing starts, which are hitting decade highs. I'd watch that stat closely
Mr. Wong. do you recommend taking variable or fixed mortgage now?
If I have a tenanted property (month to month) and I sell it to an investor, that investor can keep the current tenants or has the right to vacant possession, as long as he gives the current tenants 60 days notice. Then the investor could find new tenants and increase the rent, if so desired. Is this correct?
@sandeepsanzgiri8003
7 ай бұрын
No, you cannot evict the tenant even if you are a new landlord and give the eviction notice to the tenant. You have to go to landlord tenant board for a hearing which can take about a year
ummmm an "end user" who plans on living in it. In which they would have to prove (or you would have to prove) in front of the board hearing in 8 months. since you dont actually have the end user contract yet,,,, the tenant woudnt have to move out and might even be entitled to compensation. basically, you dont have to move out until its confirmed in front of the board hearing. come on, you know this,,,,
Immigration needs to be reduced back to 200k per year.