3 Warnings For People Who Own Canadian Real Estate

There may be some challenging market forces ahead and those that are the least prepared will be most affected.

0:00 How ironic.
0:23 Intro

1:09 Warning #1 – Do a risk assessment on your personal finances.
1:31 A brief comment on the future of mortgage rates.
2:27 A significant threat to condo owners.
3:53 What is a cash call?

4:45 Warning #2 - Don’t Let Short Term Problems Create Long Term Consequences
5:01 Canadians escaping variable mortgage payments. Out of the pan, into the fire.
5:35 Buying a home…together… with strangers.

8:19 Warning #3: Are you focused on cashflow, and what will you do if that cashflow is threatened?
8:20 Heavy government spending can't last forever.


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Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/rental-report-canadas-housing-crisis-is-worsening-dramatically