Don't Sell Before You Watch This - Toronto Real Estate in 2027
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- Опубликовано: 15 июн 2024
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Toronto Real Estate: What You Need to Know About Prices, Policies, and Predictions
Description:
Welcome to my channel! In this video, we're diving deep into the current state of Toronto's real estate market, exploring why it always seems so expensive and what factors are driving these prices. We'll discuss the impact of interest rates, government policies, and the role of developers in shaping the market.
Here's what you'll learn:
📈 Real Estate Prices in Toronto: Why prices always feel high and the historical context that makes today’s prices seem reasonable.
🏦 The Bank of Canada’s Influence: How recent interest rate cuts are expected to boost the market and what this means for you.
🏛️ Government Policies: Prime Minister Justin Trudeau’s controversial stance on the housing crisis and its implications for homebuyers and investors.
🏢 Developer Insights: Exclusive insights from a top developer on current market conditions, the future of pre-construction sales, and potential opportunities for savvy investors.
📊 Market Predictions: What to expect in the coming years, potential supply shortages, and how to make informed decisions in a fluctuating market.
Whether you own real estate or are looking to buy, this video provides valuable insights to help you navigate Toronto's complex housing market. Don't forget to like, comment, and subscribe for more insider news and updates on the real estate market!
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💬 Comment your thoughts and questions below - I’d love to hear from you!
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
I'm new at this, please how can I reach her?
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment with Mrs Elizabeth Frankel. in other not to depend on the government for fund.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
The very first time we tried, we invested $1000 and after a week, we received $7500. That really helps us a lot to pay up our bills.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I have one question to these so called professionals - did you have to pay 60k interesest per year on your 599k house and could rent it for max 3k per month when you bought it ? If not, them sht the heck up and don't mislead the public. If income went up by the same percentage as the home prices, you could make talk bs like that.
60k interest pr yr? That would be 10% interest pr yr. I don't think it was up that high. Am I missing something?
Income is irrelevant. No one is predestined to own a property, it's earned not given. Housing is an asset, you can rent a home but when buying it's an investment. In most big cities people accept the fact that they cannot afford to invest in real estate, the math is simply against it. Toronto and Vancouver are on the same trajectory. However, people who are out, cannot see simple economics. Correlating income inflation and housing prices is simply false.
@@essentialpassionI’ve lost brain cells reading this crap lol. Pal the party is over, Mr condo is trembling on his boots because once reality sets in and governments cannot engineer markets anymore everything will revert to its meaning like always does. 🤡
@@marionovoa3846 Governments can’t engineer free markets; they can only influence them to some extent. This isn’t a communist state where the government owns the land.
So average incomes are irrelevant. Owning real estate in bustling cities like Toronto or Vancouver is not a right-it’s a competitive arena. This isn’t about entitlement; it’s purely about the dynamics of a free market.
@@essentialpassion QE , QT and interest rates are tools from the central banks to engineer markets all day long with the help of the banks. Interest rates dropped but buyers didn’t show up because currency is drying up, inflation is sticky and the dollar is weakening and the trend is going to continue. Mr condo and the rest of the very irresponsible speculators can only pray for another government bailout because it is the only solution for them.
BOC cut the rate and inflation rose. Obviously it was a mistake. Will they make the same mistake twice? Probably not. Notice the timing of the rate cut. It was during peak sales season.
Great research Dan!!
Condo investors are screwed period! Don't listen to this condo man, he probably is putting every condo he owns on sale so he never need to look back.
Condom is biased
better than u who doesn't own any 🤣
I'll bet he's got thousands of them to unload.
And no, low interest doesn’t drive markets… cheap + loose loans do. Banks don’t lend in recessions/depressions and so historically real estate crashes in recessions despite i rates dropping. Mind u, I would not bet on rate drops with such astronomical inflation. FED clearly stated their stance on this. That 0.25 i rate drop caused an instant 0.53 rise in Canada wide inflation for every single product via a 0.53 drop in CND value.
The Canadian dollar is crud. I'll use them to blow my nose with in a year or two's time. Worthless.
How about New Capital Gain tax?
Good insight Dan. Can't wait to see how the govt solves the potential problems explored in few years later
Same with the Vancouver area. Hold on to it.
Except Vancouver won’t have pain like Toronto
@@goldguilder9554 ruclips.net/video/OPSNFJ75Rdo/видео.htmlsi=Rr3nf4wYLoszwir_
Hold onto it, and sell it for twice as much to the people calling for a housing crash😂
When will people see the .25 cut in our mortgage payments?
Savers and retirees have already seen their daily interest rates fall as well as one and two year GIC rates.
We don’t need new built inventory. Half the condos are empty! HALF!! Massive number of active listings and 97% properties aren’t selling. So we have an over supply. 😂
People are now living in tents instead of in condos.
Investor are no renting in part because the LTB court is broken, they cannot provide justice to any one - they are overflowed with cases, mostly landlord with tenants who cannot pay their rents. If the Government was serious fixing their juridical system, many of that housing would come back to the rental market. Even the recommendation of the ombudsman fell short. 😔
Very true!! Same!! Bought my detached house at the peak in 2017 for 805,000 now it’s worth 1.3M 🤷🏾♀️. The best time to buy a home was yesterday!!
You dont wait to buy real estate, you buy real estate and wait
We need Hong Kong style cage houses in GTA if we are serious about affordibility.
Soon even they will be a luxury item for the middle class to live in. Still its better than living in a tent and freezing to deaht in the winter.
The only way to keep up supply next 5 years is for the Federal government itself to be the developer…
New builds will just skew prices a lot higher not lower.
Wow
Don’t be afraid Condo Wong… even if people want to dump they can’t. Less than 3% of active listings are selling. Your friends won’t have a chance to dump.
Condos are for rats, cockroaches and bedbugs to live in not for people.
True. Nobody interested in Canadian real estate right now and for many months to come.... Not worth it. Game over.
One counter argument to the fact that more people foming to Canada pusing the prices higher is that most these people don't have money. Besides Canada economy is nkt exactly growing to create jobs for these people. So I'm not sure how "more people" is a good thing. My 2 cents.
Just because they cant afford to buy, doesn’t change the fact they still require a roof over their head.
Maybe if you tell the 1.2 million people coming into Canada to remember to pack their homes with them you would be right
@@babyjeero123 and hence more pressure for low end cheap housings rather than expensive condos...
@@nt007
Problem is there isnt anyone building cheap affordable housing. This housing crisis is only going to get worse
Happy father’s day🎉🎉🎉🎉
this guys a real estate agent, obviously hes gonna say this crap. reality is the TSX beat real estate in the past 20 years, SP500 *crushed* both.
i know this might not be the right forum, but I'm looking for recommendations for real estate tax accountant - any recommendation would be much appreciated (independent small landlord in TO here)
Painful again..
Prices are HIGH or prices are LOW. That condo is EXPENSIVE. That car is CHEAP. Easy peasy.
How did those 2023 predictions turn out? Welcome to the clown show 🤣
離地同溫層大師🥱