Better Dwelling
Better Dwelling
  • Видео 27
  • Просмотров 91 274
Federal Reserve’s Housing Bubble Expert Enrique Martínez-García Breaks Down The Market | 2023
Is Canada & the US in a real estate bubble? Is this another 2008, or is it actually different this time?
We ask US Federal Reserve senior economist Enrique Martínez-García, who works on cutting edge housing bubble research at the Reserve Bank of Dallas.
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DANIEL FOCH (HOST)
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BETTER DWELLING
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Просмотров: 4 641

Видео

Canadian Real Estate Is Facing Disruption After 33 Years, With Mortgage Expert Ron Butler
Просмотров 33 тыс.Год назад
Veteran mortgage broker Ron Butler of Butler Mortgages tells us about the end of the 33 year Canadian real estate cycle, and what the market should expect in the coming months. Ron Butler, Butler Mortgages t: ronmortgageguy WILL TRAN t: willjtran1 SUBSCRIBE FOR MORE VIDEOS ruclips.net/user/BetterDwelling BETTER DWELLING Web : betterdwelling.com Twitter: Bette...
Real estate, money laundering, and shell companies with James Cohen of Transparency International CA
Просмотров 1,4 тыс.Год назад
Money laundering, real estate, and anonymous companies. James Cohen, executive director of Transparency International Canada, swings by to explain beneficial ownership and how it will be an important tool to deter illicit activity-especially in real estate. TRANSPARENCY INTERNATIONAL CANADA web: transparencycanada.ca/ twitter: ti_canada JAMES COHEN, EXEC DIRECTOR, TI CANADA twitter:...
Was The Bank of Canada Reckless When It Said Rates Would Be Low Until 2023? | Canadian Real Estate
Просмотров 3,3 тыс.Год назад
In October 2020, the Bank of Canada's newly minted governor Tiff Macklem assured households that rates will be low until 2023. Now households are facing interest costs based on a policy rate 15x what they were expecting. SUBSCRIBE FOR MORE VIDEOS ruclips.net/user/BetterDwelling BETTER DWELLING Web : betterdwelling.com Twitter: BetterDwelling FB : BetterDwelling
Canada's Real Estate Bubble, Inflation, & Policy w/ Former Bank of Canada Governor Stephen Poloz
Просмотров 8 тыс.Год назад
We chat with former Bank of Canada governor Stephen Poloz, and ask for his take on Canada's real estate bubble, inflation, and monetary policy. Poloz is also the author of a new book that just hit shelves, The Next Age of Uncertainty: How the World Can Adapt to a Riskier Future. Check out Penguin-Random House's local bookstore finder to pick up your copy. - www.penguinrandomhouse.ca/books/69662...
How Long Will The Canadian Real Estate Correction Last, With BMO Senior Economist Robert Kavcic
Просмотров 11 тыс.2 года назад
How much will Canadian real estate correct? Is it a bubble? BMO senior economist Robert Kavcic drops some knowledge with our team. Robert Kavcic, senior economist @ BMO - twitter: RobKavcic Daniel Foch, real estate broker: - twitter: daniel_foch Will Tran, data journalist @BetterDwelling: - will@betterdwelling.com Recorded Sept 19, 2022. SUBSCRIBE FOR MORE VIDEOS ruclips...
Canadian Mortgage Originations Fell Before Rate Hikes | Canadian Real Estate Investor Insights 2022
Просмотров 1,5 тыс.2 года назад
We asked Toronto real estate broker Daniel Foch & mortgage agent Nick Hill to record a chat about our latest piece on mortgage originations which began falling *before* interest rates climbed. Article discussed: Canadian Mortgage Originations Fell Before Rate Hikes, Ontario Took The Biggest Hit betterdwelling.com/canadian-mortgage-originations-fell-before-rate-hikes-ontario-took-the-biggest-hit...
How Organized Crime Captured The High End of Vancouver Real Estate | Sam Cooper Interview Clip
Просмотров 5542 года назад
How Organized Crime Captured The High End of Vancouver Real Estate | Sam Cooper Interview Clip
How Organized Crime and Money Laundering Are Inflating Canadian Real Estate Prices With Sam Cooper
Просмотров 4,6 тыс.2 года назад
How Organized Crime and Money Laundering Are Inflating Canadian Real Estate Prices With Sam Cooper
The Irrational Exuberance of Canadian Real Estate With Mortgage Veteran Ron Butler
Просмотров 6 тыс.2 года назад
The Irrational Exuberance of Canadian Real Estate With Mortgage Veteran Ron Butler
Drug Banks. Corrupt Officials. Canadian Real Estate. - Sam Cooper Interview Preview
Просмотров 1,3 тыс.2 года назад
Drug Banks. Corrupt Officials. Canadian Real Estate. - Sam Cooper Interview Preview
Canadian Mortgage Debt Has Never Been Riskier | Canadian Real Estate 2021
Просмотров 11 тыс.3 года назад
Canadian Mortgage Debt Has Never Been Riskier | Canadian Real Estate 2021

Комментарии

  • @stephenbuck1092
    @stephenbuck1092 7 месяцев назад

    Thank you for uncovering the truth about real-estate in Canada. Sam Cooper is a true patriot.

  • @mtrest4
    @mtrest4 9 месяцев назад

    He "forward ⏩ guided" a ton of people into financial ruin.

  • @sithdemon5965
    @sithdemon5965 10 месяцев назад

    Please provide other links on this. As well, why doesn't this get more media coverage?

    • @daniel_foch
      @daniel_foch 9 месяцев назад

      I’m the host on this video - I just did a video on it today.

  • @DickNiaz26
    @DickNiaz26 10 месяцев назад

    Is Better Dwelling still making predictions on when the housing market will become affordable & giving people financial advice on buying vs renting?

  • @dougiep2769
    @dougiep2769 Год назад

    Canadian Britain, Australian real estate has been the biggest Ponzi scheme on earth

  • @BriCam1
    @BriCam1 Год назад

    TIff "No accountability" Macklem

  • @kevinreno7204
    @kevinreno7204 Год назад

    What a liar, this is giving people the security and not protecting them. Shame on Bank of Canada a lot of families and people future got destroyed because of this nonsense what's happening .

    • @kevinreno7204
      @kevinreno7204 Год назад

      Lawsuits are coming very soon from millions of Canadians who are suffering from this nonsense Bank of Canada politics ,against the People of Canada .

  • @MoonlitMedows
    @MoonlitMedows Год назад

    Loved the interview, very smart people! Great job better dwelling

  • @bluefm7370
    @bluefm7370 Год назад

    65 year old gent, 25 years in the real estate industry and to my surprise, an HONEST practitioner is a god sent. My colleagues were motivated by self interest, meaning yes, it is strictly a commission based industry, having said that you can stoll dupport buyers and sellers, just share the facts knowing the largest investment an individual will ever make. You will have a client for life and sleep well. Great showcand wonderful guest in my view❤

  • @tz7332
    @tz7332 Год назад

    Misleading + smoke and mirror, failed government and central bank policy inflated the price, don't try to blame others!

  • @angeleye4253
    @angeleye4253 Год назад

    No broad based unemployment???? Huh?

  • @josephabanktress
    @josephabanktress Год назад

    Undrip. Article 26. All land to be returned to indigenous tribe leaders following depression. Rising food and energy prices will drive many to sell.

  • @vrocket7744
    @vrocket7744 Год назад

    Remember….Ron is a mortgage broker!!

  • @ghungroo3850
    @ghungroo3850 Год назад

    There is a new scheme by Investors in Canada called the easy small business loans. Mostly being offered by mortgage agents these funds are being used to prop up the housing market. I think it is called the Canada small business financing program.backed by the federal government. You can qualify for big loans against your home equity , then you get the loans , invest in real estate and are liable to return just 25 percent of the amount back to the government.

  • @supermash1
    @supermash1 Год назад

    I hope it all utterly collapses. When house prices reach 2.5 to 3x income, then Canada will have an increasing middle class again. Until then it is just more destruction.

  • @labadiest
    @labadiest Год назад

    The only way to prevent inflation is production. We must be an agricultural country.

  • @vishalmittal1840
    @vishalmittal1840 Год назад

    Great interview..Ron doesn't beat around the bush

  • @Tyranthraxus78
    @Tyranthraxus78 Год назад

    “Legal” immigration helps. Not the charity type.

  • @marcelmed4574
    @marcelmed4574 Год назад

    Love watching these older interviews and predictions.

  • @Down_with_Plutocrats
    @Down_with_Plutocrats Год назад

    Central Banks are simply fond of playing God. Always they are deliberately creating Booms and Busts, and Misery for the common people.

  • @brianrundle2875
    @brianrundle2875 Год назад

    Ron looks like a guy that makes some bad choices... He never mentioned that the real estate market in Canada has been dominated with foreign money that has caused all of these increases and also that Vancouver and Toronto real estate is a major money laundering machine for dirty money from Asia and Europe...

  • @cronstrubzo
    @cronstrubzo Год назад

    ..wait vancouver wasn't up until 2021??

  • @Todd.T
    @Todd.T Год назад

    Construction costs are up and the builders aren't going to lower the price and eat the cost at the same time. Now is when you'll probably see a move to prefab construction. You've already seen a move away from brick to eliminate costs. A lot of new Canadians that buy houses don't know what brick is, don't know what a separate dining room and kitchen is. Don't know what an office space is. The builders will eliminate all options and construction methods that people aren't culturally aware of. Prefab will eliminate jobs to keep the costs in check.

  • @Observer168
    @Observer168 Год назад

    Chen, also known as Hoy Pang Chan, owns the properties along with his parents, Xiong Guang Chen and Jue Ming Chen, who were also named in the forfeiture suit. The forfeiture suit alleges the properties were used to launder money. Chen and his parents have denied all the allegations in the civil forfeiture suit, including that the two homes and money are proceeds of crime. According to court documents, Chen was identified in 2015 by the RCMP in the E-Pirate investigation among a number of customers of the underground bank Silver International in Richmond that allegedly laundered as much as $220 million a year.

  • @tabasumbazaz8851
    @tabasumbazaz8851 Год назад

    Very insightful 👏

  • @richardfinney2548
    @richardfinney2548 Год назад

    This channel has such great and high quality content, really hope you keep it coming

  • @konkise
    @konkise Год назад

    Thank you for the honesty.

  • @mikemaksymec1334
    @mikemaksymec1334 Год назад

    What people never talk about is that heloc has been the canada's economy for 10 to 12 years.

  • @mikemaksymec1334
    @mikemaksymec1334 Год назад

    At 11 minutes in he calls out the mean. 2 to 3 x income. I suspect its called a mean for a reason.

  • @livingroom3136
    @livingroom3136 Год назад

    I hate his oversimplified take on immigration, it makes everything else he said seem unreliable.

  • @livingroom3136
    @livingroom3136 Год назад

    It's great to have people come from EVERYWHERE else, not the same two places. That's why we have balkanization already.

  • @donm2067
    @donm2067 Год назад

    I think they are going to clap the cheeks of alot of people this year.

  • @hagbard72
    @hagbard72 Год назад

    Why buy sooner? Well, could get evicted from our current house so the landlord can move it and I'm already 65 and haven't owned for over twenty years.

  • @ld4122
    @ld4122 Год назад

    Globalization and investors are killing the housing market for American families. I absolutely despise these corporate home thieves!!!

  • @jaykay643
    @jaykay643 Год назад

    Very high rates? 1980's 20% was high, not 4.25. The BOC raised it 7 times because it was ridiculously low for too long...Poloz didn't know what he was doing

  • @theNorth473
    @theNorth473 Год назад

    Wow. Incredible interview

  • @reefermadnesss
    @reefermadnesss Год назад

    Brillant interview. Thanks.

  • @patrykdrozd2637
    @patrykdrozd2637 Год назад

    Bank of Canada is like … hold my beer

  • @jobber1984
    @jobber1984 Год назад

    The best Canadian real estate content!

  • @jimvautour595
    @jimvautour595 Год назад

    Ron & Will great interview, really appreciated the honesty, especially when it might go against the grain (as you said). I agree with the predictions pretty much 100%. The only wild cards out there being the bigger picture stuff that's difficult to see past 6 mos. My prediction on the longer term is more struggles in the real estate market. There's simply too many issues in that BIG PICTURE to contend with. A change in government in Canada could counter that a bit, but this ride we're on is for at least 3 yrs+.

  • @quixomega
    @quixomega Год назад

    "The shorter the episode, the smaller the misalignment". That doesn't align well for Toronto and Vancouver where housing prices have been out of line for at least 10 years.

    • @BetterDwelling
      @BetterDwelling Год назад

      😬😂 misalignments can be fixed all at once and recover in a short time, or slow and last a long time. The difference can be observed by comparing the 1980 and 1990 corrections.

    • @daniel_foch
      @daniel_foch Год назад

      That’s was a chilling line for sure

    • @GearsDemon
      @GearsDemon Год назад

      45:16 *gulp*

    • @svc2461
      @svc2461 Год назад

      24 years to be more precise.

  • @eatmeskivys
    @eatmeskivys Год назад

    Greed and people thinking it was the end of the world trying to get what they can ...simple as that and the Banks let them get away with it because they are the ones with the most GREED

  • @daniel_foch
    @daniel_foch Год назад

    Apologies if I sound out of it for the first half. My sound was echoing back to me 😅

    • @donm2067
      @donm2067 Год назад

      Lol "investor" walk in a house fart, paint the walls beige, put in grey flooring and charge 250k$ more. What a grift

    • @daniel_foch
      @daniel_foch Год назад

      @@donm2067 very clever Don

    • @donm2067
      @donm2067 Год назад

      @@daniel_foch well if there's any work to do, I am sure it was done by the cheapest most unqualified individual in 75% of fix and flip situations.

    • @daniel_foch
      @daniel_foch Год назад

      @@donm2067 certainly Don

  • @nickyfurlano8531
    @nickyfurlano8531 Год назад

    Unless the U.S. stock market falls about eighty percent back down to fair market value money will continue to go into real estate. Gold and silver are rigged so they aren't supposed to rise in price and with the U.S. stock market the most overvalued ever there isn't a lot of alternate investments to housing. The bond market is also pushing down long term rates so money will flow back into real estate if that trend continues.

  • @SukhS555
    @SukhS555 Год назад

    Housing is as essential as food for governments to take note of the massive inflation in RE prices. Speculative investors should know this.

  • @luigit9321
    @luigit9321 Год назад

    Saying you wish prices need to come down to 2012 levels is quite hypocritical coming from a broker whose standard of living directly benefited from this appreciation. Wishing a return to 2012 prices is essentially wanting to reverse a decade of economic growth and all the progress that was made. Loser talk.

    • @BetterDwelling
      @BetterDwelling Год назад

      Thanks for the feedback! Not everyone agrees on this since there's substantial evidence that indicates the wealth effect of higher home prices when accompanied by a credit boom with such high household debt, since it tends to reduce the ability to engage in per capita GDP growth.

  • @nickt007007
    @nickt007007 Год назад

    Great interview, thanks!

    • @BetterDwelling
      @BetterDwelling Год назад

      Glad you enjoyed it! Don't forget to subscribe to our channel, we have some more great interviews lined up.

  • @SynergyOfTwo
    @SynergyOfTwo Год назад

    Income to price is actually 10-15x, $120K a high income before taxes is really $85K. $1M average detached price divided by 85K is 11.7x. The only way to make it possible is dual income couples, but then the cost of day care per month is crazy also. Can't win.

    • @BetterDwelling
      @BetterDwelling Год назад

      Such an enormous gap for first time buyers, which is why they're now a small market market segment. RBC's CEO recently said that they're being replaced by investors in their portfolio, and that was before rate hikes.

    • @mitchreynolds9841
      @mitchreynolds9841 Год назад

      How can everyone I know pull it off then? Maybe your just making excuses, time to work harder.

  • @sureshglobeit
    @sureshglobeit Год назад

    Canada immigration should allow more doctors from India to practice without additional license and exams

    • @BetterDwelling
      @BetterDwelling Год назад

      It appears Canada is looking into the possibility of making international skills more transferrable.

  • @sureshglobeit
    @sureshglobeit Год назад

    7 times Family income= Real estate prices What should be Family income? 100k ? 120k ?

    • @BetterDwelling
      @BetterDwelling Год назад

      That's about the average household income estimates we're seeing from banks. Big jump if you don't have home equity to trade up, for sure.