Tag: economics
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The Future According to ReMax
Remax recently shared their opinion of 2020 in many of Canada’s real estate markets. Their outlook for 2020 is rosy. Some of the more bearish amongst us may not be buying the positive outlook. However, us real estate investors are eagerly anticipating these nice, steady bumps. Of course it must be mentioned (for some); This…
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Unintended Consequences
I’m in my car a lot between appointments. This week my mind keeps drifting back to the new “AirBnB rules” in Toronto and Ottawa + the one-sided media coverage of the causes and ramifications. I’d like to state for the record I currently have no STR holdings and don’t see that as part of my…
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Rising costs and Slowing hammers
With current construction costs creeping higher by 4-5% year-over-year, property prices are of course going to move higher. And justifiably, builders are going to pass down those increases onto us buyers. Strikingly though, these increases do not even include the increases to land values on which these structures are built on. So it should not…
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STR and other Fails
STR’s or Short term rentals, have just lost a footing in major Canadian cities like Toronto and Ottawa. My understanding is that the ultimate goal of regulating STR is to make rental housing more affordable which is great. However, I have a nagging suspicion that the vacancy rates will not change and rents will continue…
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Infographic
RE is my favourite investment vehicle, especially rental properties.
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4 Factors…
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REI: A 3 Course Meal
If you were to think about Real Estate Investing (REI) as a 3 course meal, Cashflow would be our appetizer, Mortgage Paydown would be our main course, and Appreciation is a sweet little treat (usually only enjoyed at the end of an investment or at refinance.) Cashflow is the amount of money remaining each month…
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Headlines: the Media’s 3 Card Monty.
Certain words stand in or attempt to disguise themselves or their meaning. Affordability is one of these words. We hear it a lot in terms of rental supply and new build developments. Housing is rarely affordable, as it is in high demand and currently in low supply. Affordability is usually standing in for a less…