Canadian Money Forum banner
1 - 2 of 17 Posts

· Banned
701 Posts
Just wondering what some of you out there are wondering in regards to our RE market.

Personally...I think at best we can hope for a plateau in valuations....but probably a 'correction' is in the future.

Gov't is in a rough spot...I think they want to raise rates a bit to slow the RE market (definitely don't want a crash like the states), but increasing rates will slow the economic recovery...

I have no opinion on this since I'm an utter failure at predicting the future.

However, having said that, I don't see anything reasonable in the Toronto RE market at the moment. So far my wife and I haven't found anything interesting.

We don't base decisions on our opinion of the future or other predictions. Actually we consider thinking about what may or may not happen to be a waste of time - time better spent looking for deals.

In general my wife and I look around to see if there is a deal in the asset class we're interested in. If there is a deal, we buy. If there is no deal, we just sit around and watch DVDs.
1 - 2 of 17 Posts
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.