Is now a good time to buy a house in Ontario? The impact of COVID As more and more people have been working from home due to COVID-19, there has been a definite trend of people moving towards Toronto’s periphery, but we have not seen an influx of people buying homes in remote areas, where…
Category: Buyer Advices
Is now a good time to buy a house in Ontario? Three key indicators to check when investing in real estate in Toronto in 2022
Many house buyers ask this question: Is now a good time to buy a house in Ontario? In the process of investing in real estate, it is advantageous to understand certain economic factors to help us eliminate psychological biases and avoid wrong judgements. For first-time buyers, lacking a similar experience, they are often influenced…
Is now a good time to buy a house in Ontario? Psychological biases in investing in property
Is now a good time to buy a house in Ontario? Behavioral economics Behavioral economics suggests that people are not always completely rational and tend to be impulsive, and that people’s mistakes in decision making are determined by inherent psychological biases. A common psychological bias in the process of purchasing a property is called…
Is now a good time to buy a house in Toronto? Three key indicators to check when investing in real estate in Toronto in 2022
Is now a good time to buy a house in Toronto? For this question, we should consider the following three aspects. Psychological biases in investing in property Behavioral economics suggests that people are not always completely rational and tend to be impulsive, and that people’s mistakes in decision making are determined by inherent…
Is now a good time to buy a house in Toronto? Dual increase in land value and construction costs
It is heatedly discussed that Is now a good time to buy a house in Toronto. Is now a good time to buy a house in Toronto? The combination of the value of the land and house itself House prices are a combination of the value of the land and that of the house…
Is now a good time to buy a house in Toronto? What is flexibility of land supply
Many people want to know is now a good time to buy a house in Toronto? In terms of population, as we summarized in the last issue, at the macro level, the population of Canada will double in the next 50 years. In terms of specific regions, population growth will be concentrated in the…
Is now a good time to buy a house in Toronto? The impact of land on housing prices
Many people ask that: Is now a good time to buy a house in Toronto? In his “Real Estate Cycle”, Ren Zeping proposed his real estate law of “look at the population in the long term, land in the medium term, and finance in the short term”. In the previous two issues, we have…
Is now a good time to buy a house in ontario? Land Chapter
Is now a good time to buy a house in Ontario? A lot of people ask this question. In this article, we will analyze this issue from the perspective of the land. The impact of land on housing prices: In his “Real Estate Cycle”, Ren Zeping proposed his real estate law of “look at…
Is now a good time to buy a house in Toronto? A lifestyle plan
Is now a good time to buy a house in Toronto?—Buying a home is a lifestyle plan for most Canadians According to statistics, although Canadian housing prices have been rising exponentially in recent years, the majority of people (81% of long-term property owners, 77% of short-term property owners, and 63% of renters) still believe that…
Is now a good time to buy a house in Toronto? The impact of an aging population
Is now a good time to buy a house in Toronto? —The impact of an aging population Furthermore, according to Statistics Canada, the proportion of Canadians aged 65 and older will grow rapidly over the next 20 years, primarily because the baby boomer generation (those born between 1947 and 1966) will gradually reach the age…