If prices go up by 50% without people’s income going up no where near 50% then what will a lower interstate rate do. People still won’t qualify for the home in the first place. Something needs to change, this is crazy
I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction
Both stocks have a long term potential, The most important thing is the ratio of the distribution based on the financials of each company. There are many other companies that are also doing well. You could just hire a financial advisor to guide you. A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot
I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one
Canada has transformed into a smaller-scale blend of Hong Kong and Mumbai-at least in terms of population dynamics-where even a humble treehouse now comes with a seven-figure price tag. How did they get here?
@@rafial81 As per the video and other sources, even with interest cuts November/December sales activity is slower on a YOY basis despite predictions of increased sales activity.
Face it, housing prices are not going back to where they were in 2017. Way too many people bought at the peak. If house prices start going down, many people will owe more than what their house is worth and this will cause problems for the big banks. Housing prices, like inflation, only go up. Prices may dip small amounts, but the overall trend is always up.
Yikes, wrong. Prices are going to tumble. Banks will collapse, people will lose their homes. These are market cycles. Ignoring reality is not wise. Unemployment is 6.8% and rising, rates are still high but things you own are dropping in value while the things you need like food and energy stay high. Theres still time to learn what's really going on, watching the news you will be late. Good luck out there.
RE always goes in cycles. It’s no different now, the new arrivals on scene the millennials and GenZ haven’t seen it so they think it can’t happen. Interest rates don’t matter when you don’t have a job to pay your mortgage.
You are absolutely Correct....The US and Canada are great places to live, and raise children, and the proof is that everybody wants in.... I'm on the east coast, and you could buy an affordable place right up until mid 2018..and then prices went Boom.... Foreign students (Their parents have money) Legal Immigrants ( 3 families to a household to make the mortgage payments) REITS (All the new build are not mom and pops) Migration from BC and Ontario (sold 1 home for a big price, can now buy 2 properties in another province) Any new housing that is being built in an inflationary environment (higher sales prices) All these factors are keeping pressure on housing prices....
You probably should watch the "Inside Job" for once to understand that banks won't fail and yet regular people will still lose their house. 2008 is only 15 years ago.
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Either the bubble bursts, or people will just never own a home. We will see more and more multigenerational family homes. This is Canada, not the third world.
@ unlike Canada, the USA has rigorous requirements in order to immigrate legally. I am not waiting and am beginning the process, unfortunately for you They don’t let Tim Hortons employees move there.
@@abcdedfg8340 if the promise of home ownership is not here. Espicially when we have good jobs then yea expect it from a lot of the high quality Canadians. 1st and second generations espically
@@peej91Canadians made enough noise and now housing is steadily being fixed. Maybe if we make enough noise we can fix 40 years of trickle down economics so we have a real middle class? We just need to use our rights and freedoms in this democracy. The europeans do it and get way stronger middle classes in france and germany as an example. With excellent work life balance and productivity matching the us in many cases. Just my thoughts
@@abcdedfg8340 the unemployment rate in Toronto is 8.5% and crimes are increasing according. Soon investing in real estate in Chicago north will be worthless.
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If prices go up by 50% without people’s income going up no where near 50% then what will a lower interstate rate do. People still won’t qualify for the home in the first place. Something needs to change, this is crazy
You are making more sense than those piece of shit called experts
They don't want to qualify. They want you to a peasant renter forever
If people tend to downsize anyway when they get older, why purchase a house then?
I've been an investor in Apple, gold, housing market as well because I strongly believe in them, I've always believed in the stock but now I don't know if to re-distribute my portfolio and put some money in Nvidia or Tesla especially now that we are experiencing a market correction
Both stocks have a long term potential, The most important thing is the ratio of the distribution based on the financials of each company. There are many other companies that are also doing well. You could just hire a financial advisor to guide you. A financial advisor really does help me do the distribution even between different asset classes. I don't even understand technical financial terms much. I just know I make really good profit, and I don't have to stress myself a lot
I've got similar problems and I have also considered using an FA but I don't know how to go about it. Please, what are the steps for getting one? Like a really good one
My financial adviser is Gabriel Alberto William , he is not just a broker, he is a financial adviser that gives advice on any financial matters
I just google the name and found his website and I'm really impressed with his credentials; I have set up an appointment with him
Canada has transformed into a smaller-scale blend of Hong Kong and Mumbai-at least in terms of population dynamics-where even a humble treehouse now comes with a seven-figure price tag. How did they get here?
The difference is Hong Kong builds a shit ton of affordable subsidized homes unlike Toronto/Canada as a whole
😂
JT is the problem, high immigration, carbon tax all have caused this.
Neo-liberalism destroyed Canada
Greed
Housing market is slow because home prices are too high. Market correction is way more important than rates. Bring on the recession (fire sales).
It's not low it's still very expensive and will stay that way with massive immigration
@@rafial81 As per the video and other sources, even with interest cuts November/December sales activity is slower on a YOY basis despite predictions of increased sales activity.
You want to bring a recession to screw over the current mortgage payers. Be realistic, you just want anything you cant afford to collapse
Face it, housing prices are not going back to where they were in 2017.
Way too many people bought at the peak. If house prices start going down, many people will owe more than what their house is worth and this will cause problems for the big banks. Housing prices, like inflation, only go up. Prices may dip small amounts, but the overall trend is always up.
Yikes, wrong. Prices are going to tumble. Banks will collapse, people will lose their homes. These are market cycles. Ignoring reality is not wise. Unemployment is 6.8% and rising, rates are still high but things you own are dropping in value while the things you need like food and energy stay high.
Theres still time to learn what's really going on, watching the news you will be late. Good luck out there.
RE always goes in cycles. It’s no different now, the new arrivals on scene the millennials and GenZ haven’t seen it so they think it can’t happen. Interest rates don’t matter when you don’t have a job to pay your mortgage.
You are absolutely Correct....The US and Canada are great places to live, and raise children, and the proof is that everybody wants in....
I'm on the east coast, and you could buy an affordable place right up until mid 2018..and then prices went Boom....
Foreign students (Their parents have money)
Legal Immigrants ( 3 families to a household to make the mortgage payments)
REITS (All the new build are not mom and pops)
Migration from BC and Ontario (sold 1 home for a big price, can now buy 2 properties in another province)
Any new housing that is being built in an inflationary environment (higher sales prices)
All these factors are keeping pressure on housing prices....
You probably should watch the "Inside Job" for once to understand that banks won't fail and yet regular people will still lose their house. 2008 is only 15 years ago.
No market is safe from a crash, including realestate
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
A house is only worth what buyers are willing to pay. The sellers opinion is irrelevant. Buyers set the market!!
what if we refuse to sell to the buyers? Its not like we're desperate to sell our homes xD
@@cyonix5941 Wait till your mortgage goes into negative amortization.
Either the bubble bursts, or people will just never own a home. We will see more and more multigenerational family homes. This is Canada, not the third world.
Seller should give in or just have their home stuck
Dont care, im just waiting to join the U.S.A. as the 51st state at this point.
don't wait...move now..
@ unlike Canada, the USA has rigorous requirements in order to immigrate legally. I am not waiting and am beginning the process, unfortunately for you They don’t let Tim Hortons employees move there.
@@LeakyFaucetThen move there. Keep the rest of us out of it please
@@LeakyFaucet ...Spoken like a tiny little man....
@@BudWiser654 you will swear allegiance to your new president of Canada Donald J Trump
51st state!
don't wait...move now
If you want to live in the US, your free to try moving there.
@@abcdedfg8340 if the promise of home ownership is not here. Espicially when we have good jobs then yea expect it from a lot of the high quality Canadians. 1st and second generations espically
@@peej91Canadians made enough noise and now housing is steadily being fixed. Maybe if we make enough noise we can fix 40 years of trickle down economics so we have a real middle class? We just need to use our rights and freedoms in this democracy. The europeans do it and get way stronger middle classes in france and germany as an example. With excellent work life balance and productivity matching the us in many cases.
Just my thoughts
@@abcdedfg8340 the unemployment rate in Toronto is 8.5% and crimes are increasing according. Soon investing in real estate in Chicago north will be worthless.
bring on an english speaker next time
CRASH CRASH CRASH CRASH !!!!