Canada

Canadian Real Estate Investor Insights 2022 | Canadian Mortgage Originations Fell Before Rate Hikes

We asked Toronto real estate broker Daniel Foch & mortgage agent Nick Hill to record a chat about our latest piece on mortgage originations which began falling *before* interest rates climbed.

Article discussed: Canadian Mortgage Originations Fell Before Rate Hikes, Ontario Took The Biggest Hit

One Comment

COMMENT POLICY:
We encourage you to have a civil discussion. Note that reads "civil," which means don't act like jerks to each other. Still unclear? No name-calling, racism, or hate speech. Seriously, you're adults – act like it.

Any comments that violates these simple rules, will be removed promptly – along with your full comment history. Oh yeah, you'll also lose further commenting privileges. So if your comments disappear, it's not because the illuminati is screening you because they hate the truth, it's because you violated our simple rules.

  • Reply
    Doomcouver 5 days ago

    Investing in single family residential real estate is quite frankly a dirt-bag move, regardless if you own one extra house or 100 extra houses. You’re removing inventory from the market that a family may have been able to buy, live in, and save their money with. These guys can try and justify it all they like, but they’re overly defensive because deep down they know it’s morally indefensible.

    Add to that most of these “investors” aka. “speculators” wouldn’t even be buying if they weren’t trying to ride the manic price gains. Rental yields are trash right now, and don’t remotely justify the purchase price. 100% of recent “investors” in real estate aren’t investing, they’re gambling, plain and simple.

    You want to invest in real estate? Go buy a factory, or maybe build a hotel. Stop forcing families to become renters because you’re greedy.

Leave a Reply

Your email address will not be published.