After selling a couple homes in 2020, I'm anticipating a housing crisis in order to buy inexpensively. As a backup plan, I've been thinking about purchasing stocks. What recommendations do you have for the best time to buy? On the one hand, I keep reading and seeing trader earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

the question should be "why is a basic human requirement being treated as an investment speculation instead of a free market commodity?"

Better this market crashes. No one can support such crazy house prices and this kind of inflation with the peanuts income levels. You cant have a NY priced property being paid off with half the NY city income level.

Good, house prices need to be cut in half in some parts of the country.

Take a good look at Seoul's housing bubble. Housing got so expensive that rate increases on mortgages are creating panic selling by taking a 40% hit but guess what...there are no buyers. People are expecting bigger discounts up to 80%!!!! Canada is in big trouble here as I'm seeing the same liquidity issues play out.

It will be the anticipatory selling, rather than than forced-selling, that will really push the downward trend (which is going to be extremely difficult to track).

Started appearing when a century home from old towns appraised for 400k. Those got sold all the way up to 600k and renovated and sold for 1-1.5million. Why did it take two more years to figure out that was dumb.

Its horrendous the government let it get to this point. I know many "international students" who have never worked that have bought many condos in toronto!!!!!

02:18

Only when AML (anti-money laundering) measures are implemented with steep prison sentences will the housing market in Toronto and area moderate.

Average house is now over 8.5 times average household gross income. The ratio was 4 in 2012. Some say once you hit 5 you have a bubble. This bubble will not burst but it will deflate over the next 6-24 months. Where the bottom is could be anywhere in that 6-24 month window. If anyone is telling you to BUY NOW block them because they are starving for fees.

A 5 year example.

I just went through a purchase in Montreal recently and I did not find the market was glutted by properties. Far from it the good quality stuff set at the right price goes off the shelves pretty quick. What's left are mostly the problematic items (Dark, facing a grey wall, noisy and polluted street, old and crappy, etc...) that nobody wants to buy.

To a certain extent, the market will depend on anticipated interest rates and house price expectations regarding future prices. If the current lending rates decrease, the market will stabilize. However, if we are going back to historical rates (9-10%), average house prices will be determined by a multiple of average household earnings X rate = approx. $340K using current income figures in Canada.

If the housing bubble broke I would be the happiest person in the world. Who cares if there is a rescission let it all fall! Tired of houses costing millions for a crappy bungalow.

Sub prime loans also called the Brampton loan are going to be the first ones to fall. Then ones markets get over run with new listings, prices will drop 50% to 80% before bottoming out in late 2023.

I feel so sorry for people that fundamentally don't understand how unfair monetary policy dynamics are now. It's not that houses are going up... people are getting poorer because they're being paid with dollars which are going down.

I'm from Ontario and I'm still not seeing it. I do not work on the real estate industry for disclosure. GTA freehold homes that are attractive and in demand are still going for multiple offers and immigrants are paying for it with CASH

Keep raising rates, Mortgage fraud is super rampant in market.

Let the bubbles pop.