Tag: economics
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January 2020 T.R.R.E.B. Stats
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Peterborough Poised
Why is EVERYONE talking about Peterborough all the time???? Ok, they aren’t. But we are! And here’s why: As real estate investors we are always watching for a city about to have a boom (increase in property value!) combined with solid economic drivers. In December 2019 the avg. sale price of a home in Peterborough was…
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Crystal Balling: Back and Forth
Many insiders sense that Toronto real estate prices are going to soar in 2020. If December 2019 is an indicator, then things are trending in their direction. Toronto home prices saw a nearly 12% jump and with fewer days on market (compared to 2018.) The market is clearly showing what I’ve been saying to clients…
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Middle Class Angst
As outlined in a recent Financial Post article, Middle class net worth has nearly doubled in the past 17 years. What makes up the vast majority of middle-class wealth? Not savings, nor bonds or stocks; it is real estate (usually in the form of people’s homes.) “Most of this wealth wasn’t in financial assets, of course.…
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Secret Memos
The CBC has uncovered the BoC’s recession toolkit, and it looks promising for us real estate investors. This document is the Bank of Canada’s plan in the event of a coming recession. The “secret memo” highlights more quantitative easing (money printing), interest rate reductions (even negative rates) and monetary stimulus to businesses/families (think UBI.). All…
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Dalio – Remove your Big Thing
We’ve all had struggles that feel like an insurmountable obstacle; Whether we are talking about making a difficult decision at work (like going for that promotion) or perhaps it’s a health/lifestyle goal that we are grappling with continually. Most real estate investors have felt like these obstacles can be everywhere (leaky foundations, permit processes, LTB…
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The Power of Infographics!
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Peter(borough), Paul and Mary
Why is EVERYONE talking about peterborough all the time???? Ok, they aren’t. But we are! And heres why: As real estate investors we are always watching for a city about to have a boom (increase in property value!) Peterborough has a lot of things going for it in this regard. Peterborough benefits from having a…
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Fairbnb…not really.
With all of the saber rattling in the media surrounding the recent “wins” for affordability, Fairbnb has played a central role. Where the media is interestingly quite is surrounding who is actually behind Fairbnb‘s advocacy. Fairbnb’s founder actually runs a campaigning company. Worse even, it seems as though he may be being paid by the…