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E#261 - The Largest Housing bubble Of All Time!

Posted on Aug 31, 2023 in Vancouver Real Estate News

TITLE: Largest housing bubble of all time!

here are the video notes from this weeks topic

Canada sitting on the largest housing bubble of all time? (aug 22)

A BNN Bloomberg report this week

- Stretched Housing Prices

- Weak Affordability

- Over-leveraged mortgage borrowers

- “Canada is probably sitting on the largest housing bubbles of all time.”

- 2 decad...

E#259 - 4 Reasons To Buy Today!

Posted on Aug 20, 2023

Top 4 reasons to buy today **

MLA - Stats Can (FEB’23) – 50% of property owners have no mortgage

– highest equity position % in Canada

– escalated to this % post pandemic

– has never been this high

What does this mean? MARKET Stability!!!!

- The market can afford to hold prices high and not add inventory.

- boomers are staying in their homes and reverse a...

August 2023 Vancouver Real Estate Market Update

Posted on Aug 10, 2023 in Vancouver Real Estate News

This week we highlight notes from the West Side Real Estate market detail:

August update:Sales to active listings ratio July 2023
0 – 12 – 20

Detached – 16.5%

Townhomes – 32%

Apartments – 30.6%

- - -
Jericho Lands

4yr consultation

Original - 9,000 homes

Now – 13,000 homes (24,000 people aprox)

More than 50% geared towards incomes

30% affordable housing

20% soci...

How They Make It More Expensive

Posted on Aug 03, 2023 in Vancouver Real Estate News

There are 2 aspects to this whole thing.

Lets take things back a few years first…

When you make money easy to get, people take it.

SHOW CHART:

Inflation – total M2 (cash/bank accounts/anything you can spend) money supply has increased 33% from 2020 – now. 1.8T – 2.4T (600 billion) in circulation.What does that mean, simply as money enters the system...