Comments on: Real Estate Lessons From An Economist That Died Over 100 Years Ago

By: Global Real Estate Prices Are Synchronizing & Creating A Real Estate Supercycle… That’s Bad | Better Dwelling

Fri, 01 Jun 2018 14:05:03 +0000

[…] want more details. The cycle was first observed over 100 years ago by an economist by the name of Henry George. Now that you’re up to speed, try to spot the issue before we explain […]

By: Canadian Real Estate Sales Have Dropped The Most Since The Great Recession | Better Dwelling

Wed, 14 Mar 2018 13:30:20 +0000

[…] cycles in real estate are natural, and the healthy way to balance demand. They were first observed over a 100 years ago, and no healthy market sees an asset price continually rise. If prices and sales did continually […]

By: Canada has twice as many vacant homes as the US did before the crash | MEDIAVOR

Thu, 06 Jul 2017 02:03:15 +0000

[…] sure how vacant housing impacts real estate prices? Check out how Georgists break down the economic cycles of real estate […]

By: Canada Has Twice As Many Vacant Homes As The US Did Before The Crash | Better Dwelling

Tue, 04 Jul 2017 13:54:30 +0000

[…] Not sure how vacant housing impacts real estate prices? Check out how Georgists break down the economic cycles of real estate. […]

By: This Week’s Top Stories: Real Estate Lessons From A Dead Dude, Vancouver’s Market Is Cooling, and 70% of Chinese Millennials Are Homeowners | WewUnik World

Mon, 29 May 2017 04:49:07 +0000

[…] Real Estate Lessons From An Economist That Died Over 100 Years Ago […]

By: This Week’s Top Stories: Real Estate Lessons From A Dead Dude, Vancouver’s Market Is Cooling, and 70% of Chinese Millennials Are Homeowners | Better Dwelling

Sun, 28 May 2017 14:22:02 +0000

[…] Real Estate Lessons From An Economist That Died Over 100 Years Ago […]

By: Rory

Rory — Thu, 25 May 2017 18:25:16 +0000

No shortage of inventory visible on the ground in Vancouver, signs have been abundant in most of the neighbourhoods I’ve travelled through recently. It appears to be operating like micro climates, signage is most dramatic in less ideal locations particularly detached homes along main roads, or anywhere vacant homes are conspicuous. Seems like the bulk sales on Broadway have expanded to other shabby pockets in the area: west, as far as commercial; north, including parts of 1st Ave; east is mostly retail/light-industrial; and I haven’t travelled south of broadway recently.

It is the height of RE season here so listing don’t indicate a crash by any means. Although any suggestion of a supply shortage is absurd. If buyers can’t find a home it is because of the prices.

By: Bay Street Guy

Bay Street Guy — Tue, 23 May 2017 12:42:24 +0000

It’s funny that the general population think deep pocketed investors don’t know the future. Sure, we don’t know the future…but we know how you’re going to act after certain events.

Wild cards like interest rates being slashed and QE might delay the reaction, but it’s still only a delay.

By: Dave C

Dave C — Tue, 23 May 2017 12:35:28 +0000

We’re definitely in the “hyper supply” phase. Take a walk through Aura (the tallest condo in Toronto). Downstairs, all of the stores are closed or rarely open, there’s no people, and it barely lights up at night. These are vacant homes. Beautiful vacant homes, but vacant homes people are speculating on.

By: Michelle G.

Michelle G. — Tue, 23 May 2017 12:32:51 +0000

Thank you for writing this. Clients have been calling for sales, and they expect the property that they bought last year will sell for 30% more.

Just because the benchmark is up 30%, doesn’t mean you’ll be able to sell a home you bought last year for 30% more. There’s going to be some resistance from buyers if they know you paid a million but are asking $1.3 million in less than a year.

You’ll make money at this level, but not quickly. 5 – 10 years down the road, you’ll be glad you bought though.