It all happened because of realtors, government late interference and of course investors thosehave more than 3 properties. V scary situation,only the average man is suffering. Only God can save us 🙏
8:14 - Property tax ‘increase’ is 7%, property tax itself is NOT 7%. Please do not share incorrect information. A lot of cities in Canada have had property tax increase over 7% btw
Does she even understand what happened in US in 2008. What was the reason of that crises? Does she understand what CDOs are? US banking system works in a totally different to that of Canada. What a clown? They do realize fixed rates are offered at 4.7-5% and not 7-8-9%
@@fsckool6894 ਆਹੋ , ਕੈਨੇਡਾ ਵਿੱਚ ਫੇਕ ਮੌਰਗੇਜ ਵੀ ਚਲਦੀ ਹੈ । Real estate prices are always cyclical , usually it follows the 18.6 year cycle . In current time it seems to be 8 years long downtrend in canadian real estate . May take 6-7 years to reach previous prices . Thank you .
So, she is a realtor and on one hand she comes on RedFM and tells people Canada may experience a 2008 like crisis but on the other hand she is selling homes to her clients and earning a commission? lol...make it make sense.
@@Mr-Faraz92 I didn’t say she was forcing anyone. But you don’t see an issue with her saying real estate is going down the drain, while at the same time selling that asset to her clients?
@@TheDonjuan15 i am not in the favour of realtors. I believe that we are in this situation because of this greedy realtors and some greedy peoples housing is a basic need. There should be no any kind of profit greed on Housing food and housing is a basic necessity but in Canada, people think differently and they are throwing all their money into housing and making other peoples life hell expensive and unaffordable. This should stop as soon as possible.
@@Mr-Faraz92 I agree with you on that. Greed and misinformation is the biggest problem and our community has an issue where no one thinks for themselves. They all just want to follow the crowd and get taken advantage of by realtors, mortgage brokers etc
A very big recession is coming. Covid level 0% interest rate are impossible. Average interest rates will stay in best case scenario 2% to 3%. Be careful and stay asset light ans debt free
She is all wrong about 2008 situation coming back. I don't why she is trying to scare people , it will never happen in canada ,what happened in US 2008 😅,our banks are in solid position, they have solid policies for their lending rules
Yeah okay lol…go read the annual financials of the banks and look at their credit loss provisions. You’ve been brain washed into thinking nothing can happen to real estate in Canada
Scary situation in Canada man.
Very down to earth discussion between host and guest.
Indian realtor responsible fake offers scammers cash out etc.
It all happened because of realtors, government late interference and of course investors thosehave more than 3 properties.
V scary situation,only the average man is suffering.
Only God can save us 🙏
8:14 - Property tax ‘increase’ is 7%, property tax itself is NOT 7%. Please do not share incorrect information.
A lot of cities in Canada have had property tax increase over 7% btw
What a talk! I never knew so many things. U nailed it Divleen ji.
Whoever bought housing that they cannot afford , should face the consequences. Its not unfortunate because people created the problem themself.
Does she even understand what happened in US in 2008. What was the reason of that crises? Does she understand what CDOs are? US banking system works in a totally different to that of Canada.
What a clown? They do realize fixed rates are offered at 4.7-5% and not 7-8-9%
Pls also tell which type of property are these??
House, townhouse or condo ??
Shameel very practical person & daring anchor
ਬਾਈ ਮੈਂ ਇੰਡੀਆ ਤੋਂ ਦੇਖ ਰਿਹਾਂ, ਸੱਚੀ ਏਨੇ ਬੁਰੇ ਹਾਲਾਤ ਨੇ ਕੈਨੇਡਾ ਦੇ । ਪੰਜਾਬ ਵਿਚ ਵੀ 2012-14 ਤੱਕ ਪ੍ਰੋਪਰਟੀ ਦੇ ਰੇਟ 50 % down ਹੋ ਗਏ ਸੀ । 10 ਸਾਲ ਲੱਗ ਗਏ ਪੁਰਾਣੇ ਰੇਟ ਆਉਣ ਲਈ ।
aho, ohthe ta fer bhi cash buying hundi eh, orre ta sab loan te hi lende ne,
the longer the rates stay high the longer it will take to recover
@@fsckool6894 ਆਹੋ , ਕੈਨੇਡਾ ਵਿੱਚ ਫੇਕ ਮੌਰਗੇਜ ਵੀ ਚਲਦੀ ਹੈ । Real estate prices are always cyclical , usually it follows the 18.6 year cycle . In current time it seems to be 8 years long downtrend in canadian real estate . May take 6-7 years to reach previous prices . Thank you .
Ah sb paji lgda fake mortgage kr k aa
Divleen karda is very good presentator . Looks very energetic and sharp girl
Don’t believe the realtor marketing this is just the start it will get really bad as payments to up home prices go down
Trudeau is going to some cushy board appointment & leave his Punjabi supporters and all Canadians with the mess of defaults and higher taxes.
Still 20% overprice are the properties
BITING MORE THAN THEY CAN CHEW, SIMPLY PUT.
So, she is a realtor and on one hand she comes on RedFM and tells people Canada may experience a 2008 like crisis but on the other hand she is selling homes to her clients and earning a commission? lol...make it make sense.
she is doing her job don't buy simply she is not forcing anyone
@@Mr-Faraz92 I didn’t say she was forcing anyone. But you don’t see an issue with her saying real estate is going down the drain, while at the same time selling that asset to her clients?
@@TheDonjuan15 i am not in the favour of realtors. I believe that we are in this situation because of this greedy realtors and some greedy peoples housing is a basic need. There should be no any kind of profit greed on Housing food and housing is a basic necessity but in Canada, people think differently and they are throwing all their money into housing and making other peoples life hell expensive and unaffordable. This should stop as soon as possible.
@@Mr-Faraz92 I agree with you on that. Greed and misinformation is the biggest problem and our community has an issue where no one thinks for themselves. They all just want to follow the crowd and get taken advantage of by realtors, mortgage brokers etc
According to my opinion
A very big recession is coming. Covid level 0% interest rate are impossible. Average interest rates will stay in best case scenario 2% to 3%. Be careful and stay asset light ans debt free
House 🏠 has become an emotional business, and unfortunately Asians especially ਪੰਜਾਬੀ are in trap because lack of knowledge.
But, my realtor told me prices are going to double by 2026 because of rate cuts 🤣😁
Tera kaand krwao
because he want to make money from you so you are a bakra for your realtor
when rates were 1.5% i told my realtor that it will go to 6% and he laughed at me that everyone will protest and come to road
No body has the power to challenge the Bank of Canada 🇨🇦 or international monetary policy of 🇨🇦.
Stay in your home country
Kuch ni hona price will rose once interest down
She is all wrong about 2008 situation coming back. I don't why she is trying to scare people , it will never happen in canada ,what happened in US 2008 😅,our banks are in solid position, they have solid policies for their lending rules
Just wait and watch ⌚️
Yeah okay lol…go read the annual financials of the banks and look at their credit loss provisions. You’ve been brain washed into thinking nothing can happen to real estate in Canada
Stop scaring people nothing will happen. This host has no other contents always talk negative.
They're giving fect throws your shit somewhere else
Nobody is asking your opinion.@@Mr-Faraz92
She is just pushing her own agenda cut the bs
Canada da kirayedar😂😂😂😂😂😂😂😂
Fudu Red FM, especially the host.
Still you are here. 🤦♂️
@@stallionshark1726 have to keep a watch on fudus as they are dangerous 😳