Tag: government
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The Revival – March 2020: Life is so Rich…
Last weekend, I attended Theta Trading’s options course; It was fantastic. For a real estate guy, I dove deeply into stock market data + trend lines. I am grateful for this new skill and the many investors that I connected with over those days. However, with the coronavirus wreaking wider havoc on the market and…
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Toronto – February 2020 Stats and Update
From TRREB: “TORONTO, MARCH 4, 2020 – In line with the forecast contained in the Toronto Regional Real Estate Board’s recently released Market Year in Review and Outlook Report, TRREB President Michael Collins announced a very strong year-over-year sales and price growth in February 2020. Greater Toronto Area REALTORS® reported 7,256 residential transactions through TRREB’s…
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The Revival – Feb 2020: Problems need Solutions
As many of my clients and colleagues know, I think it’s sloppy to believe we can “read” someone else’s mind (although many attempt this daily by assuming they know what is going on in another’s head.) In the same vein, I am also no fan of what I call “future thinking“; this is guessing what…
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5 Steps to RSP Freedom!
What if you could make money the way banks do? The banks know how to make money! Interest rates have been at historic LOWS for many years now, and even still banks are making money! Many people don’t know this but we Canadians can “act as a bank”, and we have options available to us…
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**Guest Post** by Cherry Chan – Real Estate Tax Accountant
Many of you would have known, English is my second language. It shows in my writing style, it shows when I talk. My mother tongue is Cantonese. I can speak both Cantonese and Mandarin. I learned English in Hong Kong, but no one really spoke English to me, naturally it wasn’t great. I just didn’t…
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Co-ownership: Riding the wave
Those readers who have been following me for some time or with whom we’ve already had conversations (if not, book here!), will know that I advocate getting your foot into the market by any means necessary. Remember it is not timing the market, it’s time in the market. There are multiple strategies to get your…
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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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4 Factors…
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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…