Should New Immigrants BUY A HOUSE IN CANADA?
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- Опубліковано 6 тра 2019
- Looking at houses in the real estate market in Canada is one of my favourite things to do. Today, we'll go on a tour around my city to take a look at some of the houses that are up for sale. Watch this video if you want to know important things before thinking about buying a house in Canada, and BETTER YET, before you convince yourself you cannot afford to buy one.
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#stratford #Canada #Ontario - Розваги
¡Hola!
The name of my channel has changed. Initially the name ‘CanalEliBernal’ made a lot of sense because my channel was in Spanish, but eventually I changed the objective of my channel and it became fully in English, so I decided it was time to change it to something easier to remember. Thank you for understanding.
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La historia del nombre de inicial de mi canal y mis redes es bien larga, pero palabras más palabras menos tenía mucho sentido cuando el canal era en español, pero es en inglés desde hace un buen rato entonces un nombre más corto y fácil de aprender es mejor para todos. Gracias por entenderme.
Mi canal está aquí para enseñarles que si se puede hablar inglés sin pena y sin vergüenza, un besito.
Have any visa for me?
I love your channel. Speaking my language on smart finance handling
Buying a house in Canada is not an investment opportunity like people think. Unless they buy in a place where prices are likely to always be high and not for economic reasons. You need to do alot of research to find those niches in Canada and not with a realtor.
People who bought a house in Vancouver over the past 3 years would be telling you they lost $300-400k and the same in Toronto, same in Calgary and prices here in Calgary are still going down as in Toronto and Vancouver. So who wants to buy a house when inventory is at all time high and housing prices are in decline?
You have to weigh up costs of maintaining the house vs renting in most cities in Canada renting is cheaper than buying after you factor in. Down payment, ever rising never declining property taxes, maintenance. Your better off investing all that extra cash and creating your own investment portfolio in stocks it will bring you a better return. Its a trap to think your lining somebodies pockets when you pay rent as if you've done your research you'll be the one making money off it. Its funny because buying a house is just lining the pockets of the bank. You never actually own the house until its paid off the bank does and they keep the deed until its paid off.
Houses here in Canada are not built to last like in England or Europe. There made out of cardboard and plastic with thin shingle roofs. There designed to be disposable and thats why people flatten them instead of bothering to renovate in most big cities. After 30 years people will not want to buy your house due to age, maintenance and it will decline in value. Example. 30 year old house in Georgetown ON: $500-600k and brand new house $1.2million dollars.
I hate to break it to you but if you live in a house its your home its no investment. People need to stop thinking like this everybody follows like sheep.
I like the Georgetown reference haha
True, an investment is something that gives you cashflow, I will love to be in the real estate business. It's true that renovating properties is a good investment?
I think buying a house in Thunder Bay, Vernon, Sudbury, North Bay to resell it is a good investment. I think pricess will go up in the next 4 years because of the Rural and northern immigration pilot.
@Roland Tuason I think you should read rich dad poor dad from Robert Kiyosaki you actually will leave them debt instead of an investment. An investment is something that brings money in not out. Unless you rent the basement that's when your property becomes a passive income. If you want to leave them a real patrimony finish paying the house.
@Roland Tuason I wouldn't get to carried away with the new immigrant story. People have been saying this is the reason for housing prices going up for decades and its not true. New immigrants are renters not buyers they are responsible for the rental crisis we see today not the housing crisis they are two different things. Same thing happened in Florida in 06, 07 when I was there people were saying buy a house its rock solid immigrants will always need homes. Truth be told the immigrants were buying in Florida because mortgage lending rules were so relaxed but they are not in Canada its all middle class canucks with equity in their current home buying up these houses along with Chinese investors. With so much INVESTING this means that the actual rock bottom of the home buying doesn't exist anymore. What I mean by that is home prices will go up and down like a stock market based on media, economics, employment etc something far beyond the governments control and its dangerous and will go majorly down just like stocks do. The reason for that is Canada's economic outlook is dismal and consumer debt it is at an all time high and I'm talking about car loans, line of credits all this other stuff not mortgages as their guaranteed by the governments terrible insurance agency so if housing takes a hit its not just average people it will bankrupt its also the government and taxes are high enough. Now can you see how Canada is skirting on a fine line of suicide controlled by the Chinese and its own population. For example if Scotiabank went bust or ran itself into the ground which is highly likely as it has more debt than assets then what do you think would happen? It would completely topple the whole country Chinese investors would panic list all their homes, followed by Canucks thus the housing crisis starts. Also remember Canada's housing industry accounts for 12% of GDP if that happened the country would be plunged far into a recession far greater than people think. Trust me I've researched looked at prior correlation compared to what is happening now and all the rest of the complex algorithm and this crash will happen this or next year triggered by a major bank
Very True, I own a home in Edmonton, nice area. my house has been on Market since last week if no one buys it. I'll keep the home and rent it for extra cash!
The last part of the video when rock music begins and you're walking, i just lost my mind XD. Greetings from El Salvador.
You are so MOTIVATING!!!!!!! ( subscribed ) ❤️👌👍🇨🇦
"If you wanna buy a house in toronto or in Vancouver only jesus can help you!" you made my day :D ( 0:52 )
Unfortunately he is not living anywhere ....
Lol
The government pay a part or all of there rent.
I know a woman from Afghanistan she gets he rent paid and has for the last 8 years.
If you buy a house in Pakistan only cash can help you. more money
@@dbcooper488 JESUS living in our heart though :)
Great video! Thank you!
love the way you present yourself woww its inspirational thank you
This is superb. I enjoy your videos. They are lively. It's really fun to watch them.
Thanks for the information you give us .
Like your spirit and ernergy. I will see this when i came to Canada thanks for your informations.
U R SUCH A LIVELY PERSON WITH A STRONG POSITIVE ATTITUDE AND WITH THE INFORMATION IN SUBJECT YOU ALSO SHOW THE WAYS TO REACH IT. THANK YOU SOOOO MUCH. AND KEEP UP WITH YOUR GORGEOUS SMILE N POSITIVE ATTITUDE.
You are lovely and so positive😊😊. This is a well made video👍👍
You are a person with good logic..!!!
5:57 Awwww this is the sweetest bit of this video. Thank You!
She made my day:)
Nice one! Thank you for this.
The video is exciting. I hope to watch more videos from you.
6:02 by listening this i just dropped a like and subscribed
And btw very beautiful video
You got my subscription 👍👍many thanks and love from the islands.
Thanks for the sub!
Nice information. ❤️
Thanks you for more advising about houses 🏠 Canada
I watch your video to listen English. it's much helpful for my English practice and also the videos are informative... 😍
Body language is absolutely perfect 👌
NAVEED ALI No. it’s not absolutely! Great preachers recommend don’t point fingers to others people like she does after in 12:40
Wow..beautiful content...love your creativity ❤
Diooos Eli he visto otros videos tuyos pero me encanta como luces en esté no obstante la tematica del video estuvo excelente también 😉👍
very very usefull. tks so much
Love at first sight for your channel. I subscribed. Did I tell you I love hats too?
Excellent blog.
u are so helpful .may u be truly blessed .
Superb fantastic video...you gave clear and upto the point information...big big thank you
In which city you did this research?
You are the only best person on UA-cam
In which city are the houses?
Um, I don’t intend on buying one, but what is the average rent for houses or apartments in the city you currently reside in? Thank you.
Informative
Hola Eli, estoy feliz por haber encontrado tu blog, gracias por compartirnos info sobre Canada, te felicito for let me know about your life there. :)
Found the house at 7:02. 113 William St., Stratford. Gorgeous house, but needs a lot of work.
u r so nice & positive :)
live like this...always!!
Very Smart
Thanks 😍
Nice informations .. thanks
Very informative and realistic 👍
Really good job my friend....
Girl, you are 👌! Really practical and smart!
You are cute canal
I really enjoy your vidio
I am coming over toronto my family is there .
Good advice madam..Thank you
Hola, se ve muy bien la calidad del vídeo, q tipo de cámara usas??? Saludos 😁
Ek Rj hola, muchas gracias. Uso mi iPhone 8
Super Eli. Aunque no es mi prioridad. Lo bueno fue que te entendí todo el video. Yeeeeee
Me alegra demasiado! It's the little things :)
You are brilliant!
You are really a good blogger
Wow..."only Jesus can help you"..Praise the Lord !............God bless you more. Amen
I appreciate your selection of music during your video...it's really awesome..I liked it.
@ 3:53 some gray squirrels in a tree looking down at the driveway, and saying "well, there goes the neighborhood!". So if I move to Canada, I really like a house, and I get a mortgage, all my dreams will come true. That is so cool!
wow.. dreamland Canada.. 😍
Does anyone know where the $680,000 house is located. Thanks.
Very good Sisters
Hola Eli...New sub here! Saludos from Mexico..:)
Very good thank u
Very good job
Didn't expect this to be a lecture on depends on what you can do!!!!!
well said..ty
3:50
And here we are face to face with the mythical *Black Squirrel*
How much would the 3rd house cost per month?
Nice presentation 🙏
Thank You Dear for your nice video. Don't they sell 5/10 storeyed type House? How is the price of them in British Columbia Or Toronto Cities?
I guessed the price for all three houses 😃😃😁😌
Buuuuf Eli pero que bellezas de casas 😍
Nice video..
I would like to know which company agent could be trusted to buy a house there ?
Pls share if could
Wow awesome upload & good information ,New friend here thank you for sharing Big like
Hey,
Which is most job scope oriented and developed province out of these 4 (NS, NL, NB, PE). Please advice me....
to buy a house in Canada is an investment? and then, I can get permanent resident?
Hi.. I heard that, will get some subsidies from Govt. side for buy home 🏡... is that true...?
Asking the price of a house ? Location is very important not how beautiful the house is. An exact similar house in Vancouver will cost more than double if the same house was located in a smaller city like Nanaimo or Chiliwack in the same province.
If you buy the house, does it includes the lot?
Which city is that?
I love u and ur explanation super
Depends on the location.
Does that effect on winter season?
@ 7.35...... $1,200,000 - $1,500,000 USD
Well done video, well done - with very good practical common sense advice.
I agree, if you live within your means one can live like a king, just on a smaller scale :)
I also liked how 30 seconds in, you used images of two famous bridges over the East River in NYC !!
Cheers !!
Very very nice
"Only Jesus can help", beautiful word.
agree
That's where I stopped and took a good laught before resuming 😂😂😂
In MIGHTY AND PRECIOUS LORD JESUS CHRIST'S NAME I PRAY AMEN
@@orubek355 lmao same
If you dont help to yourself no one can't help you!
You inspired me a lot by saying some great thoughts in this video.. Thanks
paused... The squirrel crossing the road :D ( 3:51 )
Thanks miss
Yikes... I currently live in Texas w/ hopes to eventually immigrate to Canada. The first house would definitely go for under $100k, the 2nd house would probably go for $115k, and the 3rd house would definitely range in the low $200k. I wouldn’t even considered the 3rd house luxury, but basic. I guess I’ll have some things to get used to. I’m not trying to be rude, I’m just shocked. I’m just use to our 6B/6B McMansions that go for $300-500k lol 😂
I am the new subscriber for your videos, your speaking skills very cute and nice, I like and encourage you,
Excelente vídeo, un abrazo desde la distancia
Beautiful.
Una pregunta que debo hacer para sacar los papeles para inmigrar para Canadá aque página de internet tengo que entrar gracias.
Thank you Canal，you're right，the priority is being here in Canada！ Luckily，I guess the right prices of all the three house！ haha，That's a good sigh！
7:28 Does it cost 1000000$? Please let me know if I'm right?
Beautiful
Great keep it up
y se puede comprar terreno y contratar alguna constructora con el fin de crear tu casa a las medidas y diseño que tu elijas?
Verdades tan grandes y duras dichas de una manera tan gentil, muy buena información gracias ....
Funny enough been checking out houses in Saskatchewan. N a few minutes backs.
Coming over in two years time
Where in Saskatchewan?
@@joelrogers1430 You are on the internet.. Look at a map.....
Eli como se llama la ciudad donde esta la segunda casa?
"Dont let anyone tell you that you cant afford this house, because if someone could you too can"
Thank you for these words.
Wow nice
thanks girl l like your video
Hola Amega! Do u own a house in Ontario? And where do u live in Ontario if u don't mind asking so we can follow ur advice
Buenos días quería hacerte una pregunta cual es el sueldo medio, btw nice video