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Is It The Private Sector’s Job To Build Affordable Housing?

Toronto Realty Blog

TorontoRealtyBlog I’ll be honest: I wasn’t sure how to begin today’s blog post. “There’s not enough affordable housing in Toronto.” And is the lack of affordable housing the problem, or is it merely the symptom of a larger problem, such as: “Housing is too expensive in Toronto.”

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Top Ten Topics Of Discussion For 2023! (pt2)

Toronto Realty Blog

Looking back on it, I suppose I didn’t “need” to write a thousand words or more about my holiday break in Thursday’s blog post, thereby extending the length of the blog and only allowing us to examine two of the ten discussion points for 2023. But just how common are defaults in Canada? Is that a lot?

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Spending “Toronto Money” Across Canada

Toronto Realty Blog

She’s thinking that she’ll sell her large condo here in Toronto and look for a tiny pied-a-terre that she can use when she’s in the city. I can get a job at a bait-and-tackle shop, making minimum wage, and have a really nice, laid-back life, resting comfortably on the money I made in the Toronto market.”

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Immigration, Housing Prices, & “Blame”

Toronto Realty Blog

I thought long and hard about the title of today’s post, the manner in which I wanted to get the point across, and then exactly what the thesis or hypothesis would be. In 2015, the median rent across Canada’s 35 largest urban centres stood at $966 per month. ” Is now the time to mention “Pandora’s Box?”

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Monday Morning Quarterback: Forcing Seniors From Their Homes Isn’t The Answer!

Toronto Realty Blog

Today, I feel like the general thoughts expressed in this blog will be met with 100% support! We’ve spent time looking at the demand side of the problem, with the Bank of Canada and CMHC enacting legislation to attempt to reduce demand in the marketplace. But today, I’m doubling-down!

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Monday Morning Quarterback: Ch-Ch-Ch-Changes At CMHC!

Toronto Realty Blog

Don’t worry, I’m not going to start this blog with lyrics from “Changes” by David Bowie. One of those sneaky radar boxes adorning the sidewalk on a Toronto street happened to photograph my wife driving the exact same speed as everybody else. That was a real money-maker! Er, how much money did they make?

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Parents Helping Their Kids With Housing? No Kidding!

Toronto Realty Blog

After a few years in the market, watching what was going on, and experiencing the market dynamics, I began to think that Toronto was different. ” The average home price in Toronto was $315,000 when I started in 2004. We saw the market retract in 2008, 2017, and 2022. It was almost $1,200,000 last year.

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