I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
@NoorFrohock6 ай бұрын
One strategy for protecting against a recession is to buy equities. Investors, especially during a recession, need to know where and how to put money in order to make money while avoiding inflation.
@PhilomenaCopple6 ай бұрын
It has never been easier to understand how to build your money than it is right now, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investtments, in my opinion, are complex.
@PitcockRoth-98766 ай бұрын
Working with a Financial Advisor to help guide you on your wealth-building journey if you're just starting out is a wonderful way to get started and thats how i was able to accrued good gains . They helps to manage investment overall risk profile , prevent permanent loss of capital consider maintaining a broad diversification of your investments that reflects your personal risk tolerance, time horizon, and the nature of your financial goal
@NoorFrohock6 ай бұрын
please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?
@PitcockRoth-98766 ай бұрын
Big Credits to “Carol Vivian Constable” she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Carol has been a good guide through the year.
@geniebegins61817 ай бұрын
Investor are no renting in part because the LTB court is broken, they cannot provide justice to any one - they are overflowed with cases, mostly landlord with tenants who cannot pay their rents. If the Government was serious fixing their juridical system, many of that housing would come back to the rental market. Even the recommendation of the ombudsman fell short. 😔
@nospm12447 ай бұрын
I have one question to these so called professionals - did you have to pay 60k interesest per year on your 599k house and could rent it for max 3k per month when you bought it ? If not, them sht the heck up and don't mislead the public. If income went up by the same percentage as the home prices, you could make talk bs like that.
@agathaloewen8777 ай бұрын
60k interest pr yr? That would be 10% interest pr yr. I don't think it was up that high. Am I missing something?
@essentialpassion7 ай бұрын
Income is irrelevant. No one is predestined to own a property, it's earned not given. Housing is an asset, you can rent a home but when buying it's an investment. In most big cities people accept the fact that they cannot afford to invest in real estate, the math is simply against it. Toronto and Vancouver are on the same trajectory. However, people who are out, cannot see simple economics. Correlating income inflation and housing prices is simply false.
@marionovoa38467 ай бұрын
@@essentialpassionI’ve lost brain cells reading this crap lol. Pal the party is over, Mr condo is trembling on his boots because once reality sets in and governments cannot engineer markets anymore everything will revert to its meaning like always does. 🤡
@essentialpassion7 ай бұрын
@@marionovoa3846 Governments can’t engineer free markets; they can only influence them to some extent. This isn’t a communist state where the government owns the land. So average incomes are irrelevant. Owning real estate in bustling cities like Toronto or Vancouver is not a right-it’s a competitive arena. This isn’t about entitlement; it’s purely about the dynamics of a free market.
@marionovoa38467 ай бұрын
@@essentialpassion QE , QT and interest rates are tools from the central banks to engineer markets all day long with the help of the banks. Interest rates dropped but buyers didn’t show up because currency is drying up, inflation is sticky and the dollar is weakening and the trend is going to continue. Mr condo and the rest of the very irresponsible speculators can only pray for another government bailout because it is the only solution for them.
@sergeyc55287 ай бұрын
How about New Capital Gain tax?
@howy33336 ай бұрын
Weve done a few deals but Ive never seen your content. I have to be honest! Your info was great. Much respect!
@JohannLeon7207 ай бұрын
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment with Mrs Elizabeth Frankel. in other not to depend on the government for fund.
@WrightFletcher27 ай бұрын
Wow. I'm a bit perplexed seeing her been mentioned here also Didn't know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Carlklaus4317 ай бұрын
The very first time we tried, we invested $1000 and after a week, we received $7500. That really helps us a lot to pay up our bills.
@AntonioGabriella7 ай бұрын
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
@BlaineRothschild7 ай бұрын
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
@RichardWalter.7 ай бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
@jpings115 ай бұрын
I like this video. I hope you do a video on Vancouver if you have any insights for 2027 condo market.
@DidYouKnowDanny6 ай бұрын
Question: what's the likelihood that 2027 scheduled completions CHANGE as interest rates drop and more people start buying again? Your statements are true for NOW, but what about once rates are lower?
@Jp1904ltАй бұрын
Construction schedules. Lowrise is a 2-3 year turn around from sales, high rise is 4+. We will be playing catch up well past 2027
@Lifeisapartydresslikeit7 ай бұрын
Very true!! Same!! Bought my detached house at the peak in 2017 for 805,000 now it’s worth 1.3M 🤷🏾♀️. The best time to buy a home was yesterday!!
@Plumber604237 ай бұрын
You dont wait to buy real estate, you buy real estate and wait
@moosiani17 ай бұрын
BOC cut the rate and inflation rose. Obviously it was a mistake. Will they make the same mistake twice? Probably not. Notice the timing of the rate cut. It was during peak sales season.
@butwhytharum3 ай бұрын
So mortgage rates went down?😅
@Jp1904ltАй бұрын
This stupid ass comment didn’t age well 😂
@JoeL-fs4sm7 ай бұрын
Good insight Dan. Can't wait to see how the govt solves the potential problems explored in few years later
@firewoodlake7 ай бұрын
When will people see the .25 cut in our mortgage payments?
@parkerbohnn7 ай бұрын
Savers and retirees have already seen their daily interest rates fall as well as one and two year GIC rates.
@butwhytharum3 ай бұрын
When you borrow more
@cronstrubzo7 ай бұрын
this guys a real estate agent, obviously hes gonna say this crap. reality is the TSX beat real estate in the past 20 years, SP500 *crushed* both.
@TaiChan-m3r6 ай бұрын
if you could the what is happening in 2027, why didn't you see what is happening in 2024 ?
@JkHellas3 ай бұрын
What is happening in 2024...& what happened during covid to 2022? & what happened from 2015 to 2017? My friend the value of a property (especially bangalows will never decrease)
@chillingspree39387 ай бұрын
We need Hong Kong style cage houses in GTA if we are serious about affordibility.
@parkerbohnn7 ай бұрын
Soon even they will be a luxury item for the middle class to live in. Still its better than living in a tent and freezing to deaht in the winter.
@RaFa-cm5kp7 ай бұрын
i know this might not be the right forum, but I'm looking for recommendations for real estate tax accountant - any recommendation would be much appreciated (independent small landlord in TO here)
@Rodriguezpaul-97 ай бұрын
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Rose Strayer.
@Brucelanham8457 ай бұрын
I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
@Nguyenvictory837 ай бұрын
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
@DaveCulbertson7 ай бұрын
Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's
@carolynvo78027 ай бұрын
I'm new at this, please how can I reach her?
@Scottweeier8467 ай бұрын
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.
@anuhou43297 ай бұрын
Great research Dan!!
@nt0077 ай бұрын
One counter argument to the fact that more people foming to Canada pusing the prices higher is that most these people don't have money. Besides Canada economy is nkt exactly growing to create jobs for these people. So I'm not sure how "more people" is a good thing. My 2 cents.
@Plumber604237 ай бұрын
Just because they cant afford to buy, doesn’t change the fact they still require a roof over their head. Maybe if you tell the 1.2 million people coming into Canada to remember to pack their homes with them you would be right
@nt0077 ай бұрын
@@Plumber60423 and hence more pressure for low end cheap housings rather than expensive condos...
@Plumber604237 ай бұрын
@@nt007 Problem is there isnt anyone building cheap affordable housing. This housing crisis is only going to get worse
Hold onto it, and sell it for twice as much to the people calling for a housing crash😂
@wc41097 ай бұрын
The only way to keep up supply next 5 years is for the Federal government itself to be the developer…
@parkerbohnn7 ай бұрын
New builds will just skew prices a lot higher not lower.
@MrTrevorDidier7 ай бұрын
Lolz - the government would build housing at minimum 20x more than the highest bidder. The last thing anyone should welcome is government building housing. Anything the government gets involved with.. is to funnel taxpayers funds into their pockets. Government couldn't build housing for less than $2k per sqft, not including the cost of land. Cutting government by 95% would greatly benefit the economy and society would be more productive.
@redwards106 ай бұрын
@@MrTrevorDidierGovernment builds housing in many developing countries. It is obviously subsidized, but it’s the only way many people have been able to even afford housing, because it’s sold at below market prices. There are downsides though.
@trojanproducttester6 ай бұрын
Lol buddy inventory is at record highs ! I’m making so much money in the stock market us equities haha. Everyone is fleeing the country
@zafarhussain99647 ай бұрын
Once Mr Truedo is able to sell his property portfolio, he will make the houses affordable for Canadians. Until then, you just sacrifice 😢
@user-ui6et3xp4h7 ай бұрын
Happy father’s day🎉🎉🎉🎉
@cindyb19733 ай бұрын
I think landlords are just greedy, living accommodations should not be profit driven.
@stevejukic81667 ай бұрын
Prices are HIGH or prices are LOW. That condo is EXPENSIVE. That car is CHEAP. Easy peasy.
@tudvalstone6 ай бұрын
OK, if you play a clip from the most ignorant PM Canada ever had and say that's a good summary of anything, I have to switch the channel. The guy gives France as an example ffs. People in Paris live in "affordable" 100 sqft apartments! He thinks markets are "unfair", so he's been at it, manipulating markets, for 9 years and the result is a mess everywhere. THAT my friend is a good summary.
@forte79916 ай бұрын
No supply in 2028 ans 2029
@anwarnayani58496 ай бұрын
No demand in 2028 and 2029 more recession
@ProudIndia-re5zuАй бұрын
Canadian have to getting Trudeau out vote him out Canadian will get better life
@northernsamba73883 ай бұрын
Do not pay attention to a vlogger that has skin in the market. Canadian property market is on the decline. Worse when you factor in inflation. When your property resale value was not keeping pace with inflation, you are in fact losing your investment value. The over reliance of the Canadian economy on housing is at a dead end. Canada is not as bad as some places such as Florida, about to be hit with yet another hurricane. Park you money elsewhere when agents talk about good deals for you! 😂😂
@Kelvin-b3j6 ай бұрын
Canadian you can get a better life out of Toronto .you to help Canadian citizens