The housing shortage is not a myth. It’s a bigger problem than you may think. There is land that is waiting to be developed and we could be seeing housing being built, including the missing middle the experts are calling Townhomes and semi-detached houses, which would alleviate the pressure on pricing. Part of the issue is infrastructure and another big part is policy. As an example of the infrastructure issue, in East Gwillimbury there is land that the community wants to build thousands of homes on, but there is no water treatment plant to handle the increase in population. And ...
The Housing Shortage is Not a Myth
November 25, 2017
Housing affordability: Toronto versus the world
April 2, 2017
Bubble Burst, Bubble Burst, Bubble Bubble Bubble Burst
February 26, 2017
I just read an article where an economist for one of our banks - okay, BMO - said Toronto is headed for a bubble burst. Later on in the very same article, at a point when the majority of readers have moved on and will never see this, a representative from the very same bank, BMO, said there is very little risk of a bubble burst in Toronto. So, who to believe? Are you worried that the real estate market is going to crash? Well, before you make any rash decisions, be sure to fully investigate the reasons why ...
The one question you must ask yourself before buying a home
January 22, 2017
Before you begin shopping for a home you may read a lot of articles online, watch videos and even read books on “how to buy a home.” Information is plentiful and easily accessible. There is way more information now than when I bought my first home. So, you may have checklists prepared that you think will keep you safe from the many pitfalls out there, but there is one thing you need to do first and foremost when you walk into a house. Ask yourself if you like it! Forget your checklist, forget the furnace age, the wiring, the roof ...
Owning A Rental Property: What You Need To Know
July 16, 2014
CLICK HERE FOR VIDEO Owning an income property can be sweet, allowing you to pay down your mortgage with accelerated payments, building equity with help from tenants. Or, you can take the money you receive and use it to improve your property, or -here's an idea, you can save the money! If you are considering becoming a Landlord ask yourself this: What is your motivation? Do you want to create income to support yourself now or are you planning for the future? Do you want to subsidize your mortgage? Will it be a place for your ageing parents ...