Відео

Bitcoin is a system for the honest, forcing the dishonest to steal from each other.

The only way I can think of making housing high and affordable is if you make like 40 year mortgages. Essentially a wealth transfer from the young to the old

except that we didnt have the same level of high immigration and supply/demand issues back then that we do now, so its not an exact comparision

Did you try to contact the mayor or city hall for info he has to know what's going on

Biggest rule in investing.. History is not an accurate predictor of future performance.

Will the Detroit 2008 scenario happen in Canada?

There is no more jobs in all of alberta in any sector

Well mine is paid for,and iam moving to my other house in Europe,iam sure if the housing market decreases property taxes will follow,,,,not a chance

Nope. Canadian housing costs will never drop more than about 10-20%, certainly not 30-40%. The universe itself will intervene to keep it up artificially. And really, an 80% drop is back to normal for Canada. Poillievre says housing has doubled. No. Housing is 4-5x what it should be.

It will happen in august.

Love these folks who claim that the real estate market will crash very soon. Wake up call: IT HAS crashed.

Not gonna happen

This video is laden with Indian poo stats.. I want to see what the listing was worth 5 years ago.. and you will see these properties are still in a MASSIVE BUBBLE .. a 1.6 million listing cutting a meager 200k.. joke.. when 5 years ago the home was not even listed for 1 million.... I call BS on this realtor ..

John realized selling real estate is hard so he quit and started a doom and gloom channel copying / ripping off the other doom and gloom channels.

Jon, thanks for your video. Always enjoy your point of view and data. I don’t really agree with many aspects of your data. Housing prices are directly impacted by unemployment in a specific area. Take parts of Alberta vs other areas with higher unemployment as an example. Things are different now vs all the historical housing price drops you show in your data. Housing demand in Canada is at an all time high, high demand does not align with high price drops ahead. The economy has many moving parts and things are different now. We have a fast growing population and many investors are sitting on the sidelines waiting to scoop up housing when the numbers make sense. To summarize, price drops will be muted and area specific. Future housing prices should not be be compared to historical events. It’s over simplified when you make those types of references.

It’s already happened ! If you live in Toronto and want some real advice ask me and I’ll tell you and no I don’t want your listing because it won’t sell

Different parts of the country are more inflated than others. So, is it reasonable to say this will impact people differently depending on area or country???

man yu got that right , the biggest NIKKEI market crash today since 1987 black monday, lol , smart people are saying 85% residential home price crash is next ! yes i think it's popcorn time if you are prepared!

more FUD, you are manipulating the market.

Canada is doomed

If you've been disciplined and stayed on the sidelines when everyone was bragging about their new condo that's going to double in price, congrats! No you get the just live your life while they blow a gasket, stress and complain it's not fair.

You CLONES have been saying this forever. Get a life. The Reptilians will keep controlling you forever. Just try get a life. Go fishing. Ta

Repeating the same thing again again and again

The markets think you are right

We goin' to party like it's 1999?

Well... All this historical analysis used as a projection of oncoming changes makes sense only if all impact factors are the same. But what about 1M new immigrants coming to Canada every year? It was not so in the past. Is it outpaced by the new houses contraction? Because if not (it is not) all this analytic seems to be not working. People will continue fight for dwellings.

😂

Just made a home sale sitting on $545K equity, not sure where to go from here. Is it a good time to buy into stocks or do I stay 100% cash?

I'm hoping for a housing crisis so I can buy properties cheaply when I sell a few houses in 2025, but as a backup plan, I've been considering purchasing stocks; what advice do you have for choosing the best buying time given that I read about trading earnings exceeding $500k each week, yet also hear that the market is out of control and experiencing a dead cat bounce-why does this discrepancy occur?

A 🚤

Is this crash for Canada or the U.S. … or both

Yippee just sold my house 😊

Home values are declining in every state.

Would love to see this comparison overlayed with average incomes, currency evaluation and also general stock market performance (even just S&P 500 would be great)

NB has a strong history of hunting and fishing. If you're a tree hugger, animal lover you'll have to get used to seeing dead animals in the back of trucks during hunting season.

In 2012 it turned in Arizona.. it had taken 4 yrs and 75% reduction in prices before it turned

Keep running your mouth. You’ll be saying this on your death bed. It’s not happening the way these guys are claiming it’s going to happen. Not smart, not smart.

But i dont see decrease in housing prices yet

interesting patterns in both countries and thanks for pulling this together. I do think there is a bit of a wild card in the Canadian context which makes it a unique compared to the US as well as previous Canadian trends historically and that's immigration. With record highs in the number of people entering Canada, does that not introduce a new factor that prop up demand and mitigate a downturn in Canada?

Re Max isn't it....! They milk from every side

Gradually then suddenly the Bubble pops

The interesting period is the late 1970s when Canadian Bank got into trouble (most notably CIBC). The chart doesn't show it well but house prices boomed with interest rates being less than inflation (negative real rates) in late 70s. The house price dip before the 1980 recession was longer and larger adjusted for inflation (mortgage rates peaked August 1981 at 21.75%.) I wonder if high inflation is what the BOC and FED want and our current situation mirrors the late 70s. Inflation to the rescue (of the banks)?

I don’t see how prices will go down when we have more and more people and the same number of houses…

It already burst! And no one is listening! If you want to hear the honest truth I’ll tell you 23 years experience and we are all fucked! And no I don’t want your listing !

Jon, once again great video. Can you briefly explain why you feel if interest rates fall home prices won’t go up. I appreciate the historical charts that show how house prices will fall even as interest rates fall. To me it’s basic math if the numbers make sense even investors will jump in and prices overall would go up.

Thank you John once again for truthful fact based reporting not wishful deception. FOMO what a cruel tactic the industry has been using.

Hey Jon, I've been in the real estate business for 3 years and we served 850+ clients. We completely automate client acquisition for real estate agent with AI infrastructures. Are u open for a collaboration?

Invest in the financial markets before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.

Jon you are a class act! Other agents take note!

Canada Economy = Canada Housing From Aug 1st, people can get 30 year mortgages with CMHC insurance!! Probably there will be 50 year mortgages next!! Helping people to pile on more and more debt. Govt. is protecting the home-owners. So it’s difficult for prices to come down. Unless people realize it’s gotten too risky now to buy houses at these prices. (Which are still high)