Entries Tagged as 'Real Estate Forecast'

Sex & Real Estate

November 8th, 2010 · 2 Comments · Weird Landlord News

The bulls and the bears are fighting again… I made my prediction of a 10% drop in real estate prices in Toronto a while back. I’m also predicting rents will increase slowly over time as more tenants stay tenants for longer as they save to buy a house. Investors also have to put more money […]

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Your Personal Residence is An Expense

October 14th, 2010 · 12 Comments · Commercial Property, Personal House, Rental Property

As someone who works in the real estate arena with income properties I have often heard the myth that your personal residence is an investment. This is a total fabrication. Here’s why. You Pay More Than The Value Of Your House Interest on your house is not tax deductible. For every $ 100,000 of mortgage, […]

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Can We Ever Expect Truth From CREA?

September 6th, 2010 · 6 Comments · Buying or Selling Your Property

On a regular basis I get upset with the Canadian Real Estate Association and to a lesser extent the local real estate boards. I find their whistling in the dark irritating. We are in the process of a major adjustment of the real estate market and we could use some good guidance and information. I […]

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Did HST cause The Housing Slump?

August 17th, 2010 · 7 Comments · Buying or Selling Your Property, Personal House

In today’s news, irritating me, is this article out of Vancouver HST a Prime Suspect in Home Buying Chill. What are they smoking out there? Perhaps I can help illuminate this situation for them. HST is the least of the culprits. The average house price in Vancouver is a mind blowing $658,000 The all important […]

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Investors – Patience is a Virtue

August 5th, 2010 · 11 Comments · Buying or Selling Your Property, Rental Property

In today’s news… the bleeding starts. The Globe reports that Canadian Housing Cools. Vancouver sales are down 45% percent. There’s even a heart wrenching story about a speculator who failed to pass her hot potato along fast enough. “It’s not fair” she claims “I got ripped off instead of the guy I wanted to sell […]

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