Real Estate Trouble... Market Analysis (ft. Al Sinclair)
In this insightful episode, we dive deep into the current real estate market with seasoned real estate expert, who shares his vast experience from witnessing numerous market cycles. We discuss the pressing issues faced by homeowners, investors, and tenants alike. As the government implements policies that seem to target the rich but ultimately affect the middle class and even the poor, our guest sheds light on how these changes are impacting everyday Canadians.
Government policies and their unintended consequences on the real estate market.
The struggles of middle-class and poor individuals owning second properties or cottages.
The importance of creating a personal pension fund through investment properties.
The challenges posed by city politics and high-density housing issues.
Historical perspectives from the 1989 real estate market crash and its lessons.
The impact of assumable mortgages and the drastic changes in the housing market.
Real-life stories of financial ups and downs, and the resilience required to navigate through tough times. The critical need for the government to stay out of real estate to avoid further complications.
Advice for current and aspiring real estate investors on managing properties and preparing for retirement. Join us for this compelling conversation that not only highlights the problems but also offers solutions and hope for a better real estate future. Don't forget to like, subscribe, and hit the notification bell to stay updated with our latest episodes!
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Пікірлер: 12
Investors and speculators took all the homes and propped up the values along with realtors (most are realtors and mortgage brokers) and now they are crying about the end result of how they have destroyed the Canadian Housing Market by virtue of greed. Extra income by living off the poor and suppressing them to never having the opportunity to own their own home someday should be an embarrassment, not an opportunity to cry a river.
@EricAlHarb
Ай бұрын
Absolutely no sympathy for the landlords bleating and crying about how they’re gonna be taxed 9% more. Jeez Louise you didn’t WORK for a capital gain BY DEFINITION!!!
Home buyers hold all the leverage now. If you decline a reasonable offer, you will likely have to accept a lower price after waiting another two months. This shift signifies the return of a buyer's market, unequivocally. The traditional measure of months of inventory versus sales, typically indicating a buyer's market at over 4%, is outdated for today's real estate market in GTA Ontario and its surroundings. This classification system of seller's, balanced, and buyer's market needs an urgent update. I have clients and doing daily business in over 30 cities in Ontario. I know very well what I am saying.Currently I am selling in Kitchener, 2xToronto and Lindsay Kawartha Lakes and bought in Hamilton in Toronto. Multiple clients selling and buying coming up. No inventing. Real facts. Real experience.
If the government’s gotta stay out of real estate first GET RID OF CMHC and then we will see the real cost of capital. None of y’all would own homes!!!!
this scammer again ? im out
@matthewdgomes
Ай бұрын
what did he do?
Two rich guys crying about paying taxes. Boo hoo
That guy he brought is speaking as if he's poor. That guy is loaded and he's crying cause he has to pay a bit more for capital gains tax. They didn't work half as much as their tenants who made them rich.