Don’t Believe All The News

One of the hardest things I’ve learned while on my quest to achieving financial independence is how to avoid all the news. Everyday we are inundated by news articles stating the “facts”. Browse Facebook, LinkedIn or even look at the home screen on your Android phone and you’ll know what I mean. It’s not hard…

Are REITs Better To Own Than An Actual Condo?

Many people believe that real estate is the best investment. That includes those that buy Apple stocks, weed stocks or even Bitcoin. From a historical perspective, real estate has always had a steady upward trajectory in price, very much similar to stocks and equities. However, real estate has suffered less significant and frequent crashes that…

Risks In Real Estate

Recently there have been a lot of news articles talking about real estate deals gone bad. First there were the Mattamy homes in Whitby that dropped almost $100,000 in price this year. Buyers from last year had remorse and begged to get their home prices readjusted but to no avail. Then came another Mattamy story…

Has Investing In A House Lost Its Luster?

First they taxed the foreigners. Then interest rates were jacked up. Finally the Canadian federal government dropped the B-20 bomb. Even with these big three events, housing has continued to be the most sought after commodity in Toronto and Vancouver. Yes, I did say commodity, because over the years it has been treated as such,…

Why I Should Buy: Debunked

Just recently I received an article to read written in the Globe and Mail about why I should buy a house rather than rent. Of course I knew this was a ruse because I’ve written many times how, in cities like Toronto or Vancouver, renting is much more affordable and financially responsible than buying. If…

Have Homeowners Become Too Cocky?

Over 4 years ago I read a quote that was said by the then Governor of the Bank of Canada Mark Carney. Even to this day it still resonates with me Real wealth is built through innovation, and it’s gained through hard work. It’s not through some magical asset inflation. Well Mr. Carney, you couldn’t…