@JonFlynnREstats Enjoy your takes Jon. I can foresee pain in the GTA condo market. Single family no chance. Single family is now gold. An increasingly finite resource that will only become a tax-efficient vehicle for generational wealth storage. There is no more supply coming. Prices to the 🌕
@jen_keesmaat Look out for headlines vs. substance in these HAF agreement implementations. Seeing too many token gestures that are riddled with hidden/unspoken regulatory barriers behind the scenes.
@matthew28111015@ronmortgageguy HST on sale of new units is paid by the purchaser and there’s already a substantial rebate program for primary rez (if I’m not mistaken). Small investors purchasing as a rental don’t qualify.
@ronmortgageguy I don’t disagree Ron but there is some substantive requirements imposed on the City thru this $$ (I.e., forced to allow for 4 units per lot) that provide a pathway for projects pencilling in today’s conditions. GST announcement today is a significant move IMO.
@d_demelis 100% despite the sometimes irrational desperation for ownership we will be a nation of renters. Huge cultural shift underway as we speak. Globally this is the norm.
@realEstateTrent My version of the BRRRR...
Buy at peak prices with maximum leverage.
Really underestimate reno/carrying costs.
Rent lower than expected.
Refinance after an aggressive rate hike cycle.
Reel for two years until you raise enough active income to repeat the process.
@TheAgenda Hello. Wow - what a weekend! I have some things to say (below). Yellow school buses went by this morning; watch out for the little ones and help keep them safe.
And thank you. Just thank you. @TheAgenda @BeefCounty@BeefFarmersON#ontag#arranelderslie#thankyou#BigBruce
Final Round: What is Ontario’s greatest roadside attraction?
https://t.co/rE19R78wWa
➡️ Chesley's Big Bruce 🐂
https://t.co/ELTfpxApBx
VS.
➡️ Kenora's Husky the Muskie 🎣
https://t.co/pkKBPnXS9F
Pick your favourite ❤️ ⬇️