Click here to read the original article: https://globalnews.ca/news/4037313/bc-budget-housing-taxes-prices/ TRANSCRIPT This article is from Global News, and the headline is, "BC budget: new housing taxes might not knock down prices, but they could help tame them." So I'm often interested to watch and take a note of what's happening in Vancouver, because oftentimes, whatever happens in [...]
Click here to read the original article: http://news.buzzbuzzhome.com/2018/02/torontos-millennials-calling-kind-housing-fast.html TRANSCRIPT Speaker 1: What type of housing is missing in the GTA according to millennials? Well from this article in BuzzBuzzHome, titled Toronto Millennials Are Calling for This Kind of Housing Fast, the answer is two and three bedroom condos. This articles says that, "79% in a [...]
Click here to read the original article: http://news.buzzbuzzhome.com/2018/02/big-data-big-ben-hamilton-next-hot-condo-market.html TRANSCRIPT Speaker 1: What is the next up and coming area to invest in, in a GTA? Well, if you as Ben Meyers in this article here that he wrote in Buzz Buzz Home the answer is Hamilton. And Ben is not alone, more and more people [...]
Click here to read the original article: https://www.theglobeandmail.com/real-estate/toronto/looking-for-the-best-return-in-the-condo-market-buy-old/article37872607/?utm_source=facebook.com&utm_medium=Referrer%3A+Social+Network+%2F+Media&utm_campaign=Shared+Web+Article+Links SHOULD YOU BUY AN OLD CONDO FOR INVESTMENT? This article is from The Globe and Mail and the headline is "Looking for the best return in the condo market? Buy old." Basically, it's talking about how they did a statistical analysis and the numbers were from Urbanation [...]
Click here to read the original article: http://www.cbc.ca/amp/1.4530383 TRANSCRIPT Here is an article from CBC and the headline is "As 'personal use' evictions appear to spike in Toronto, tenants suspicious of landlord cash grabs." The headline here for me is, landlords and condo investors, don't do this. Stay away from this type of strategy. Basically [...]
Click here to read the original article: https://www.theglobeandmail.com/real-estate/toronto/in-torontos-land-war-condo-builders-are-better-armed/article37872588/?utm_source=facebook.com&utm_medium=Referrer%3A+Social+Network+%2F+Media&utm_campaign=Shared+Web+Article+Links TRANSCRIPT And this article is from the Globe and Mail and the headline is, In Toronto's Land War, Condo Builders are Better Armed. So, it's talking about the rising price of land and how there's this sort of war between condo builders, residential builders, and office builders [...]
Click here to read the original article: http://news.buzzbuzzhome.com/2018/01/vancouvers-speed-market-high-vulnerability.html TRANSCRIPT Speaker 1: Now here's an interesting article from BuzzBuzzHome, Metro Vancouver's two-speed housing market continues to face high vulnerability. What they're talking about two-speed housing market is this idea that demand for attached homes and condos is significantly outpacing demand for detached homes. So the detached [...]
Click here to read the original article: https://www.bloomberg.com/news/articles/2018-02-01/new-condo-sales-in-toronto-set-to-fall-after-record-high-year TRANSCRIPT Okay, this article is from Bloomberg, and the headline is New Condo Sales In Toronto Set To Fall After Record High Year. New condo sales in Toronto set to fall, so you're gonna be hearing a lot of this this year, headlines and people talking about [...]
Click here to read the original article: https://bc.ctvnews.ca/850-for-a-den-renters-forced-to-turn-to-tiny-accommodations-1.3777366 TRANSCRIPT Speaker 1: This article is from CTV and the headline is, "$850 for a den? Renters forced to turn to tiny accommodations." It's talking about the rental market in Vancouver and people are now advertising their den spaces within their condos, renting them out as much [...]
Click here to read the original article: http://news.buzzbuzzhome.com/2018/01/rent-control-supposed-make-renting-toronto-affordable-prices-soaring.html TRANSCRIPT Speaker 1: Rent Control. Is it working, is it not working? Well, so far it's definitely not working. It's doing exactly what I and many other people in the industry predicted, and that is it's actually driving up rents even more than they were before. Here's [...]