Seniors & Affordable Housing; G.T.A Rental Vacancy Rates now < 1% #TREB #GTA #RealEstate

Posted on 3 CommentsPosted in Caledon, Market Commentary

Canada`s average home price is now just shy of $500,000. Toronto`s average home price remains near $900,000. These inflated prices mean that an individual or a couple must spend > 8.5 times their annual income to afford a modest home in the GTA. . Fear not, Toronto pales in relation to Vancouver.   Where an average […]

Elderly Orphans or Child Day Care?

Posted on Leave a commentPosted in Brampton News, Caledon, Community Service, Market Commentary

There is a poignant biblical tale about Solomon declaring before two plaintiffs that the new born be sliced in two! One mother did not contest the ruling, declaring that if she could not have the baby then neither of them could, but the other begged Solomon.                                             “Give the Baby to her, just don’t kill […]

Could Rent Controls De-Couple the G.T.A Condo Market ? #RentControl #GTA #TREB

Posted on Leave a commentPosted in Liberty Village, Market Commentary

The new 2018 rent control guidelines (https://www.ontario.ca/page/rent-increase-guideline) which now includes all private market housing units within the province. This new legislation will effect > 30,000 newbie landlords.  Most will be apartments in the sky. Please note that vacancy rates in the G.T.A are < .085%. This categorical evidence demonstrates that this is a vibrant city […]

3 Tiny Earth Day Resolutions That Can Make A World Of Difference!

Posted on 1 CommentPosted in Burlington, Caledon, Liberty Village, Market Commentary

There is little argument that Facebook has had a very Bad Week! Factually It has dropped $60 billion in value in just the last few days, for corporate behavior that was most unbecoming! Facebook is also being accused by numerous psychologists of creating a massive vortex of loneliness & depression. These doctors claim that it […]

How Will The New Mortgage Rules Effect You & Your House Equity ?

Posted on Leave a commentPosted in Liberty Village, Market Commentary

Check out the following articles/videos which easily explain the ramifications of these new rules. Please call any one of our 4 offices if you have any questions that remain unanswered. May everyone have a safe & festive Easter holiday! New mortgage rules 2018: A practical guide Could you pass the mortgage stress test? Here’s how […]

Business Cycles & Household Debt are Surely First Cousins

Posted on Leave a commentPosted in Brampton News, Burlington, Caledon, Caledon Trail, Hamilton, Liberty Village, Market Commentary

  The Great Recession of 2009 demonstrated that a slowdown of economic activity can be predicated on rising household debt. This was specifically true in the USA but not exclusively. Recorded Household Debt to GDP ratios rose vigorously through 2002 & 2007.  These gallant numbers correlated strongly with increases in unemployment through 2008 & 2011. […]