Відео

There is a big difference between speculators and investors. Bigger risk for speculators. Investors it's all about mathematics. I never worked with speculators. Walked away from every possible deal.

Brilliant advice!

Canadian garbage fell apart because of propaganda lgbt perversions.

It's just starting

In newmarket area, i see homes sold in a month in june. Just looking, it's hard to know purchase prices since I am not sure if agents are bidding them up. Surprisingly, some signs have "sold over asking."

The first time buyer is no longer interested in condos, fees and taxes are too high, the real estate market all starts with the first time buyer!!!! Even seniors don't want them any longer, especially the expensive unis!

Its not just real estate. People are not spending. My business year over year is down 80% this month. Everywhere there's "sales". Like, who is paying 800k at 7% for a small house way up in Barrie right now? lol

Amazing!!!!!😍

Losing hundreds of thousands of dollars being unable to close on presale condos in Canada is almost impossible to imagine being possible. It’s such an anomaly at the same time.

Don’t pay at a hotel and the police will physically throw you out right away

Question ? If the real estate market crashes ...........will property taxes be reduced ???? Why are property taxes going up and up ?????? right now I don't get it ?

Wow how prices have changed,I believe this is a recession .

I'll tell you, our property is rented out and we have very good tenants. We were considering selling, but what do we do with the profits? You can't put it into stocks because the economy is doing bad, you can put it in GIC but that will last only for so long and banks are sitting on massive unrealized losses and who knows what will happen. We also can't qualify for a new mortgage due to stress tests and income not tracking inflation and our monthly expenses are up from a year or two ago. We have variable-rate mortgages which cost us around $500/month out of our pocket, but we also pay that much for the principal. So we are basically "forced to save" via principal repayment. It's not that we don't want to sell and buy something newer, it simply makes no sense, and it makes no sense to drop the price either. We'll just ride this one out, even if it takes us another 5-7 years. We'll focus on other stuff in the mean time.

Prices are all over the map and dont make sense. Some 1 bedroom condos are listed for more than 2-3 bed towns? huh.

Good things are coming in Canada. International students peaked. Temporary workers and residents peaked. Home prices peaked. Rent prices peaked. Mortgage rates peaked. We are on the right track. 100%. I know very well what am I talking here.

High Commission Pirates. We need Real Estate Sales Reform like in America to protect consumers from gougers.

Almost all Asians have a million in net worth so I think the market should hold up.

I think people are making good money on their money market funds

The easy money party is over. Prices are coming down to reality soon. Condos. In Barrie will drop another 100k

Exit first-time buyers, enter last-time buyers.

No one can predict the future. Could be a housing crash a great depression. All things are possible. Bank's are in trouble in all countries. More banks in the US going under.

People should always remember that the buyer dictates the selling price, not the seller or the listing agent, when a listing doesn't sell, it is because no buyer is willing to pay the price. In a super market prices get reduced when the consumer won't pay the original asking price, same with any commodity, demand and affordability help make the buyers decision to buy or not. In this market , a family buy what they need, not what they want.

you should be thrilled that you guys had a good run for 10 years. Kick back and watch the debacle unfold. Rinse and recycle!!! I find it hard to be sympathetic to the situation for multimillionaire realtors who will lose a couple of years of business.

📉

I predict bag holders will lose money

To the moon baby! Inflation has not fallen into the BOC 2% target in over 4 years. We see spiking oil and we have 5% wage growth in Canada. Along with a productivity problem Canada can see what we call Stagflation. Stagflation is the combination of high interest rates and weak growth. It’s the absolute worst situation. Canada has done this to itself.

To the moon baby! Inflation has not fallen into the BOC 2% target in over 4 years. We see spiking oil and we have 5% wage growth in Canada. Along with a productivity problem Canada can see what we call Stagflation. Stagflation is the combination of high interest rates and weak growth. It’s the absolute worst situation. Canada has done this to itself.

To the moon baby! Inflation has not fallen into the BOC 2% target in over 4 years. We see spiking oil and we have 5% wage growth in Canada. Along with a productivity problem Canada can see what we call Stagflation. Stagflation is the combination of high interest rates and weak growth. It’s the absolute worst situation. Canada has done this to itself.

There is good ones. The government wants to rent to all of us.

There is good ones. The government wants to rent to all of us.

This market will drop another 30-40% at least. Do not buy right now.

I wouldn't buy a thing, unless the price is half of what they are now.

''transposed'' ?

$599k .... lol...its $600 k !!

these lunatics are out of reach. How do you know it was s==== price ? Maybe that was the market price? Maybe people don't have more free credit they can spend on this crap properties ? This won't end well for the people, it also won't end well for the realtors. Perhaps the upcoming crisis will put an end to this scam "profession" and only the reasonable people will stay.

Not a place to shop for food in Downtown Barrie, plus it has become a shit hole, what fool would buy a condo in downtown Barrie, full of crack heads and homeless

Fucking hilarious how we got into this predicament. We imported china for years on end during the harper years... What they do? Leverage investing in real estate.

I saw a place listed in Wheatley Ontario listed for 350k and sat for 3 months... Got taken down... Got relisted with a price tag of 450 with the tag line "not withholding offers"

Yep. Hire the best Realtor to let you know why.

Some fool will out bid others and then find out latter , they can't afford to run the house, probably will be a stupid buyer from Toronto

Agents getting desperate to drive traffic. Just gonna waste people's time and piss them off.

The information you provide is very helpful and truthful . It’s very difficult to trust anyone these days because of their hunger of money.

Is this the only way agents can spur sales? I don’t get it. Like you said you need to get out in front of the market. If something is listed in an area where all the prices of comps are 600k then if you list at 550 and clear the product that’s the way to go. I really don’t think people understand what is going on here.

Hello I saw you on Marks site I thought I would come and see what you had to say today . Very good information . Your good at your job ! Thanks for the good video .

One thing I learned last week when u and Mark talked about 185: where he happens to live, is that a private dock is coming for 185 Dunlop Condo, that to me is a complete selling feature like no other , obviously more info is needed all Mark said was coming maybe later in year or next summer but yeah a dock would be so cool. pricey thou. Anyway good vid, wish u used more of a proprietary realtor site as we all can go to realtor,ca, u have access im sure to a proprietary “site “ or stuff like that …

The fees were there, you kept scrolling by them

Nice buildings but almost 1 Million bucks, wow.

These agents are still playing silly games. Ha, they wont even get an offer at 599, good luck.

Too many foreigners

Sales down. Prices stable. Using GDSR/TDSR You need an income in the top 10% of Incomes to afford to buy a house. Time to leave home ownership to the market forces and just start looking after Canadians. Canada needs 2 to 3 million rental units that are geared to income. Max rent 30% of total gross income. The current system has pushed 25% of Canada below the poverty line.