With the government intervention aka liberal approach. It will create a massive gap between the lower income and rich. causing the middle class to fall into the lower income Category. Also first time home buyer incentive before march 2024 gave 10% free down payment. Not to mention YOU HAVE TO PAY THAT BACK AT SALE 10% OF PROPERTY VALUE OR 10% in 25 YEARS. Without government intervention aka conservative approach. The private sector will have more confidence and less taxing which will lessen extra costs they will put onto a house. Helping a lot of the middle class and lower income homes buy property without government help, also attracting investors bettering the economy and building confidence with the people. Along with an incentive from the conservative party. that sounds like a better deal. Or we just let economics happen and deflate and everyone losses. which the government is trying very hard to avoid currently and pumping money into the markets

Would changing houses from being more of an asset to proper homes and shelters be a better way of fixing it? Because in America companies like black rock and other simply buy houses in bulk then resell or lease them. Could dissuading them or putting in laws that prohibit companies from buying that much be a worthwhile solution?

Lame

Less people will vote conservative now. Conservative can come and reverse the recent housing rules liberals put in place

This is the problem with capitalism and greed.

Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in April 2024..

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

If you're bearish on the Canadian real estate market, you may be hoping for a downturn. Conversely, if you're bullish, you're likely rooting for prices to continue rising. For those who prefer renting and have no intention of buying, you might be focused solely on the rising rent costs, perhaps without considering the challenges your landlord faces in maintaining the property where you live and raise your family. Affordability in Canada is no joke-it's a significant issue when compared to average household incomes. It’s a situation that’s both alarming and challenging. To navigate this complex market, it's crucial to get informed and consider both sides of the debate. But most importantly, work with real professionals. Unfortunately, 99% of so-called 'gurus' are just after your money and business. Seek out that rare 1%-the professionals who prioritize education, transparency, and genuine expertise over quick sales. You'll notice the difference not just in transactions, but in the quality of service and advice. That's my two cents, fellow Canadians.

I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?

It scares me if Poilievre gets in !! He is a hard rite and has many extremist values like a Trump !! And talks with conspiracy theory Allan Jones 👿 we see what is happening in the States. We will become so divided like the US. And wish we keep the Liberals. I know many Canadians are upset with Trudeau and maybe get a new Liberal to run for election if Trudeau steps down. Almost identical to the States where many people didn’t like either party! I feel we are in the same boat with Trudeau and Poilievre . But. Hopelessly logic will prevail.

Amazing videos and thank you for breaking it down!! Despite the economic downturn, I’m so happy I have been earning $ 60,000 returns from my $9,000 investment every 21days.

Tax capital gains more vigoursly, or at least on housing windfalls. This should not be your retirement strategy alone. Can anyone say inheritance tax!

This is a good breakdown If you want more government intervention More government spending (and the taxes that go along with it) Vote liberal If you want less government intervention, less restrictive regulations, less direct government spending (and reduced taxes that go along with it) Then vote Conservative

what about the endless waves Of INDIAN Foookers

Conservative come in with deregulation overhaul, then 8 or 16 years later elect the liberal to tweak with social regulations to those who fell though.

PAY ATTENTION.... No Charge ! Under actuarial analysis of the datasets there is now completely insufficient gdi or 'gross domestic income' as derivable from Canada's already stagnant 10+ years barely $2T gdp.... a gdp that was being maintained for a decade by no more than low-rate fueled speculative sentiments injecting FALSE demand into elevating Real Estate price discovery valuations.... to service/maintain the payments on the now $3.4T combined Mortgage/Consumer DEBT imbalance(still growing).... let be maintain Canada's ~68% consumer spending reliant economy as still 4.2 Million Mortgages renew (~650,000 Negams) here through Q4/2026 all at higher rates than initiation regardless intending significant reallocations to DEBT servicing into recession. Simply put.... This is a Real Estate crash/correction into recession/demand destruction and a very painful deleveraging cycle. And Pierre Poilievre is no more than a LIAR and a MOUTHPIECE who ain't gonna fix SQUAT !

Uh, not exactly neutral, are you? In any case, having lived in Canada for all of my 60 years, I know that the Liberals and Conservatives both take their orders from Bay Street (under Trudeau's Liberals, more billionaires have been created in Canada than ever before, so the rich aren't exactly suffering). The difference isn't economic as much as it's social. Today's Conservative Party has become more populist and more aligned with American Republicanism, so, for example, would increase military spending while seeking to restrict women's reproductive rights. Most Canadians don't trust such extremes, which is why Conservative support in the polls has stalled at around 38% and why they're trying to force a snap election.

!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated.

There are many, many more contributing factors to the housing crisis. Not just government. Covid has driven up costs, interest rates, ....

Conservatives 👍

Great Video!! Neutral and realistic. You are right about their respective strategies. I am in favour of market forces determining pricing for rents and housing, and that is a sustainable solution. There should be property rights for the owners, too, not just tenants. However, I think the smart money will slow down or stop the construction before the prices decline too much. The market will balance itself at higher rents and pricing, or the construction costs and good paying unionized jobs will have to come down. Just slashing the profits of the developers will not reduce pricing enough. Everyone down the chain will have to reduce their income, such as concrete guys, carpenters, plumbing, HVAC, lumber, metal, and so on. If that cycle is too difficult, then the government will have to step in and build it or provide free land, incentives, or cheap money to build.

124

Thank you great information as always !!

Oh please , Wong. The HK tycoons will not be able to turn Canadian people to be in cages like HK people. Multi culture influences. NDP's ultimate goal is to allow more students to come and more working visas. There are many chefs in the housing scams. You will not be able to ruin Canada and Canadian lives.

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a banking crisis. Where do I best grow my money?

Amazing video, you work for 40yrs to have $1M in your retirement, mean while some people are putting just $10K into trading from just few months ago and now they are multimillionaires

Wonderful.

How does the least popular party ,NDP, gets to lead the governing Liberals and set their policies (which the majority of Canadians voted against) are beyond me. The coalition government should have been made by the top two leading parties. liberals and conservatives.

Conservative historicity been better for housing market!

Support

I was a tenant for over ten years before i can be a landlord. I paid my rent on time and worked so hard to buy a rental property. Nobody should live in my house and not paying! Except my own children! Ha ha. I am glad they moved out, have their own places.

The "growth" peddler is out 😂

Way too optimistic

There is no recovery!

Oh my, Canada what’s happening to you. Trudeau is a total elist n he is protecting the interest of the upper class. Get him out asap

vacant home tax is totally justified, why do u purchase a home to keep it vacant ?

cant help

The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..

GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

Where the heck are you getting your 416 Detached appreciation? Can't find 8.3% anywhere else. Also, a condo identical to mine sold for 1% less than we bought ours in August. It is definitely different across the 416.

Condo is a depreciating asset

This could be fixed within one day straight up, just identify the maximum cost of a home. Set criteria for a home to achieve a certain value. Why the government of Canada is okay with people charging six times? What they're home is worth is beyond me. The supply and demand works with a couple of things but it's not universal. New brands get added all of the time, You don't see apple all of a sudden dropping the price of its phone because of all of the competition do you?

GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

You are way too optimistic! The demand is completely dead so there won't be a recovery this time. Too much supply.

Hii broo.... Do you need a professional KZbin thumbnail designer & KZbin video SEO expert.

We are just starting see all those rate increase taking effect. We havent seen the worse yet jsut wait until 2026 thats when shit will hit the fan. Lots of job lossees coming and im seeing lot of bankruptcy business snd individuals as well.

It is a government created crisis. The government issues entry visas and brings in millions of foreigners and that overcrowds our towns and cities. Here is a Short on the housing crisis in Metro Vancouver, Canada: kzbin.infocdSZ0E10FhU?si=pJWv2ECr10SHmbDT

50 bps cut in Oct?

7:46 Hamilton?market?

2 families should live in 1 home. That solves a lot of our problems. Divide expenses, free child care, and you can divide chores.