Hi I'm Logan Wilson of Sotheby's International Realty Canada in beautiful Victoria, BC. I'm a multiple-time MLS Gold Award winner with over a decade of residential and commercial real estate sales experience spanning many hundreds of transactions, and have had the pleasure of listing some of the most prestigious estates in British Columbia.
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How the heck do they get away with having a 9152 sq ft house assessed at only $307,000 ? Sure it was built in 1985, but the tax assessment is way outa line. We’re subsidizing the rich !
I actually know a few people back East who could easily get the money to buy an island like this if they wanted to, but they would rather live in a concrete jungle. (Toronto) If they moved there, they would probable scream and call Animal Control if they looked out the bedroom window and saw a raccoon.
I take it you're either from Ontario or Western Canada?... Because no one from the actual East, being the Maritimes, would react that way to wildlife; they are nearly as plentiful as we are. And none of us want to live in Toronto.
Actually, you can blame the Fed for manipulating the market by keeping interest rates artificially low for the last decade. They created this mess and now there's no way to fix it without completely crashing the market. And I'm OK with that.
You can also blame the Fed but most of it goes to those investors that have made life difficult for the 61% of people that are living paycheck to paycheck and can’t afford to buy a home because of these investors that gobble up the properties and jacking up the rent and buying price for a home. That’s BS.
He's mainly talking about CA real estate in the Bay Area for this video. Many real estate investors in other parts of CA, and even other states, are still doing well. In CA, I'm sure the lack of supply to meet demand, rising construction costs, extremely long process to approve housing projects, and high property taxes are just a few things causing high housing prices in the state. It's bias to just use real estate investors as the scapegoat to "a major reason why the real estate market is the way that it is now".
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.
Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
You can also blame the Fed but most of it goes to those investors that have made life difficult for the 61% of people that are living paycheck to paycheck and can’t afford to buy a home because of these investors that gobble up the properties and jacking up the rent and buying price for a home. That’s BS.!!
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment...
I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.
You can also blame the Fed but most of it goes to those investors that have made life difficult for the 61% of people that are living paycheck to paycheck and can’t afford to buy a home because of these investors that gobble up the properties and jacking up the rent and buying price for a home. That’s BS.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
I am currently in contact with ROCH DUNGCA-SCHREIBER .She has an online presence, so you can easily find more information about her by conducting a simple search.
So happy I moved to Japan bought a house with an ocean front view for 50k instead of wasting my life in canada being house poor. Videos like this are a good reminder of why I will never step foot on canadian soil again.