The likelihood of a market crash seems low, especially considering the pent-up demand that still hasn't been absorbed, even with many predicting a downturn. Unlike 2008-when very few foresaw the crash-the current environment is quite different. The homeownership rate peaked in 2004 and hit a median level after another peak in Q2 2020. From 2008 to 2012, it dropped by 3%, and by Q2 2020, it had shifted from 68% to 65%.
Diversifying investments between real estate and the stock market is a wise strategy, particularly with a sound trading plan in place to guide you through both prosperous and challenging periods. It's all about maximizing returns while managing risks effectively.
If you're in the market, now is the time to buy. Home prices are unlikely to decrease further, and if interest rates do decline in the future, refinancing is always an option.
You’re not doing anything wrong; the challenge lies in acquiring the necessary expertise to navigate a tough market. Those with experience from the 2008 financial crisis have a distinct advantage, but with the right knowledge and strategy, anyone can succeed and secure substantial returns, even in a volatile environment. Continuous learning and development are key.
Lately, I've been thinking about consulting with financial advisors. I need professional guidance, but I’m uncertain if their services will provide the value I'm seeking.
I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.
Well, leaving all the lipstick on the pig, you know that the upward movement in housing is limited given these insane prices and market conditions. So, as an investor, who will invest in this market, especially with the uncertainty between the USA and Canada? As for first-time buyers, what kind of middle class can qualify for a decent detached house in Toronto? It will take a while for the housing market to pick up, given the current micro and macro situations in Canada.
I am noticing a trend towards investors cashing out and "wanting to enjoy life". These are friends who have been invested long-term but originally planned to continue holding into their retirements. Is this fear of having a short life due to vaccine injury? Perhaps it is the likelihood of the Capital Gains Tax Inclusion Rate being passed into law by Parliament prior to the next election.
In 2025 we need CRA CONNECTED with banks for mortgage income verification and firm mortgage approvals must be asked by builders when selling pre construction properties
The likelihood of a market crash seems low, especially considering the pent-up demand that still hasn't been absorbed, even with many predicting a downturn. Unlike 2008-when very few foresaw the crash-the current environment is quite different. The homeownership rate peaked in 2004 and hit a median level after another peak in Q2 2020. From 2008 to 2012, it dropped by 3%, and by Q2 2020, it had shifted from 68% to 65%.
Diversifying investments between real estate and the stock market is a wise strategy, particularly with a sound trading plan in place to guide you through both prosperous and challenging periods. It's all about maximizing returns while managing risks effectively.
If you're in the market, now is the time to buy. Home prices are unlikely to decrease further, and if interest rates do decline in the future, refinancing is always an option.
You’re not doing anything wrong; the challenge lies in acquiring the necessary expertise to navigate a tough market. Those with experience from the 2008 financial crisis have a distinct advantage, but with the right knowledge and strategy, anyone can succeed and secure substantial returns, even in a volatile environment. Continuous learning and development are key.
Lately, I've been thinking about consulting with financial advisors. I need professional guidance, but I’m uncertain if their services will provide the value I'm seeking.
I consistently recommend Rebecca Lynne Buie as my top choice. She is well-known for her expertise in financial markets and has an impressive track record. I highly endorse her services.
Lower Interest Rates = Economy is terrible = No Jobs = No Investors
Well, leaving all the lipstick on the pig, you know that the upward movement in housing is limited given these insane prices and market conditions. So, as an investor, who will invest in this market, especially with the uncertainty between the USA and Canada? As for first-time buyers, what kind of middle class can qualify for a decent detached house in Toronto? It will take a while for the housing market to pick up, given the current micro and macro situations in Canada.
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I am noticing a trend towards investors cashing out and "wanting to enjoy life". These are friends who have been invested long-term but originally planned to continue holding into their retirements. Is this fear of having a short life due to vaccine injury? Perhaps it is the likelihood of the Capital Gains Tax Inclusion Rate being passed into law by Parliament prior to the next election.
In 2025 we need CRA CONNECTED with banks for mortgage income verification and firm mortgage approvals must be asked by builders when selling pre construction properties
That's already in the discussion CRA income verification for lenders .