Canada finally agrees housing is broken, but nobody wants to admit what fixing it costs. RBC says buyers stopped waiting for perfect. Teranet shows 36% of 2022 Ontario buyers reselling at a loss. OSFI loosened bank buffers, population fell a third straight quarter, and B.C. is fighting over a condo bailout. One question ties it together: who takes the loss?

TORONTO MULTIPLEX EVENT

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Canada finally agrees housing is broken, but nobody wants to admit what fixing it costs. RBC says buyers stopped waiting for perfect. Teranet shows 36% of 2022 Ontario buyers reselling at a loss. OSFI loosened bank buffers, population fell a third straight quarter, and B.C. is fighting over a condo bailout. One question ties it together: who takes the loss?
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The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio. Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Canadian Real Estate Investor

The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.

Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

Who Eats the Loss? Canada Finally Gets Price Discovery

CREA August is out and every province sold fewer homes than a year ago. Oil topped $108, which pushes fixed mortgage rates up. Carney's summit pledges and the new Mega Deduction won't lower anyone's mortgage. Sales are stuck and buyers are gaining leverage, so watch your local numbers, not the national average.

Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan

Exchange-Traded Funds (ETFs) | BMO Global Asset Management

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CREA August is out and every province sold fewer homes than a year ago. Oil topped $108, which pushes fixed mortgage rates up. Carney's summit pledges and the new Mega Deduction won't lower anyone's mortgage. Sales are stuck and buyers are gaining leverage, so watch your local numbers, not the national average.
<a href="https://nordvpn.com/realestate">Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan</a>
<a href="https://www.bmogam.com/ca-en/products/exchange-traded-funds/?ecid=dw-F25GAMOrganicGAM1-BMUM14">Exchange-Traded Funds (ETFs) | BMO Global Asset Management</a>
<a href="https://www.patreon.com/creipod">LISTEN AD FREE</a>

Market Updates, Mega Tax Deductions & The Investor Summit 

We switch things up in this episode and Fred Cassano from PwC interviews Dan on the Emerging trends Report produced annually by PWC and ULI 

TORONTO MULTIPLEX EVENT

Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan

Exchange-Traded Funds (ETFs) | BMO Global Asset Management

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We switch things up in this episode and <a href="https://www.linkedin.com/in/fredcassano/">Fred Cassano</a> from PwC interviews Dan on the Emerging trends Report produced annually by PWC and ULI&nbsp;
<a href="https://realist.ca/community/events/unpacking-multiplexes-toronto">TORONTO MULTIPLEX EVENT</a>
<a href="https://nordvpn.com/realestate">Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan</a>
<a href="https://www.bmogam.com/ca-en/products/exchange-traded-funds/?ecid=dw-F25GAMOrganicGAM1-BMUM14">Exchange-Traded Funds (ETFs) | BMO Global Asset Management</a>
<a href="https://www.patreon.com/creipod">LISTEN AD FREE</a>

The Most Important Trends In Real Estate 

GET TICKETS TO CANADA'S #1 MULTIPLEX EVENT: https://realist.ca/community/events/unpacking-multiplexes-toronto 

Most Canadians think their home is an investment.

And honestly, the data says they are not crazy.

Homeowners are dramatically wealthier than renters. In Canada, StatCan showed homeowner net worth rising from about $324,000 in 1999 to about $685,000 in 2019, while renter net worth went from about $15,000 to $24,000. CMHC research says homeowners are roughly seven times wealthier than renters, and their homes represent about half of their net wealth.

So yes, homeownership has created an enormous amount of household wealth.

But Robert Kiyosaki also had a point when he said your house is not an asset if it takes money out of your pocket every month.

Because a primary residence can make you rich on paper while making you cash-flow poor in real life.

That is the episode today.

Is your home actually an investment, or is it a liability with good branding?

 

GET TICKETS TO CANADA'S #1 MULTIPLEX EVENT: <a href="https://realist.ca/community/events/unpacking-multiplexes-toronto">https://realist.ca/community/events/unpacking-multiplexes-toronto</a>&nbsp;
Most Canadians think their home is an investment.
And honestly, the data says they are not crazy.
Homeowners are dramatically wealthier than renters. In Canada, StatCan showed homeowner net worth rising from about $324,000 in 1999 to about $685,000 in 2019, while renter net worth went from about $15,000 to $24,000. CMHC research says homeowners are roughly seven times wealthier than renters, and their homes represent about half of their net wealth.
So yes, homeownership has created an enormous amount of household wealth.
But Robert Kiyosaki also had a point when he said your house is not an asset if it takes money out of your pocket every month.
Because a primary residence can make you rich on paper while making you cash-flow poor in real life.
That is the episode today.
Is your home actually an investment, or is it a liability with good branding?
&nbsp;

Who Eats the Loss? Canada Finally Gets Price Discovery

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