Tags Posts tagged with "real estate bubble"

real estate bubble

Toronto

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“Clearly” a bubble in the market was about to pop and I didn’t want to be the fool who failed to time the market. Only recently have I come to terms with the fact that I was the fool.

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Have you heard that “nothing lasts forever?” I’m sure you have. Have you thought about that at all in relation to the current real estate market in Southern Ontario? It will happen, just be prepared.

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We are facing many problems in our country. There is not enough time and space here to discuss all the challenges of health care, especially mental health care, as well as housing for the poor and marginalized people in our society.

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Booms are driven by strong demand and constrained supply, whereas bubbles are driven by greed and extreme leverage. Canada has the former and not the latter.

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What causes real estate bubbles in Canada? Is the real estate market in a bubble right now? Bubbles march to manipulations and emotions. But in Canada, our lifestyle housing requirements are quite unique.

Municipal Land Transfer Tax (MLTT)

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A survey by the Real Estate Council of Ontario (RECO) says sixty-four per cent of respondents in the Greater Toronto Area (GTA) are concerned that the real estate bubble will burst.