Notes

The Of Canada Real Estate Investment Forum - MSCI


<h1 style="clear:both" id="content-section-0">The Ultimate Guide To Housing statistics<br></h1>
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<p class="p__0">You can obviously hear my voice, that I'm from the United States. What we generally do in the United States, you can do it a lot in Canada. It's due to the fact that most of the laws are basically identical, whether it has to do with property rights, and contract law, and everything in between.</p>
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<p class="p__1">All the stuff that I'm gaining from Phil, I can do this right here in my own yard, here in Alberta. Here in British Columbia. Here in Ontario." This is just rough quote. You get thirty 4 million in Canada, and you have actually got about 3 hundred million in the US.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.moneysense.ca/wp-content/uploads/2020/03/how-will-covid-19-affect-real-estate-900x550.jpg" alt="Canadian home sales slipped 3% in July while average price fell to $662,000 - CBC News"><span style="display:none" itemprop="caption">How to Run an Real Estate Agency</span>
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<p class="p__2">When we're concentrating on generating motivated seller leads, it is a function of population. You have to have, in my viewpoint, a minimum of between fifty and a hundred thousand individuals to actually end up being a really effective on the marketplace location. If you're in one of those northern areas, where there's no human beings up there, that may be a bit difficult for you to apply imaginative realty investing methods.</p>
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<h1 style="clear:both" id="content-section-1">Real Estate in Canada: Forums &amp; Discussions - BiggerPockets for Beginners<br></h1>
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<p class="p__3">A main, main difference, and sorry if I offend anyone from the United States when I state this, however one of the primary differences is, I'm going to call it fiscal obligation. Americans have established, over time, a really lackadaisical level of obligation, as it comes to finances. We have high levels of foreclosure rates.</p>
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<p class="p__4">Americans do not do an excellent task of conserving money and paying their bills. They do a very bad job of that, where as Canadians? Canadians are really fiscally accountable by contrast. Canadians conserve cash. Canadian homes for sale pay their expenses. They try to avoid debt whenever possible, where as Americans resemble, "More debt, please!" This implies that you're less likely to get any great opportunities in Canada from things like foreclosures or short sales.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://s.yimg.com/uu/api/res/1.2/PsYxO78CIo8oX1Yh7mcuNw--~B/Zmk9c3RyaW07aD0zNzg7cT04MDt3PTY3MDthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/uu/api/res/1.2/wDqwxL2cQVz7PbdaVm8.jQ--~B/aD00NTA7dz04MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/cp.org/c477fa2a77812cdf1ee5f4003c81b532" alt="Canadian Real Estate Prices Have Completely Stalled"><span style="display:none" itemprop="caption">Here's why Canada's real estate market remains 'on fire' - YouTube</span>
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<p class="p__5">To go even further, first of all, the way the Canadian banking system works is a lot different. Generally, ninety percent of all home mortgages are managed by the five major banks in Canada, RBC, Scotiabank, you know the rest. I have a list right there. I do not understand all five off the top of my head.</p>
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