Condo market dies canada plummets from 5th to 33rd in global Quality of Life ranking Real Estate

#canadianrealestate #canada #realestate #toronto #vancouver #calgary The Canadian Real Estate Show Darryl Frankfort from DealCore Properties and TK Butler from The Frank Leo and Associates discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market. Today we are lucky to have Mark Morris join us once again! You can find mark at: https://www.legalclosing.ca/ Check out THE NEW Canadian Real Estate SKITS Channel @TheCanadianRealEstateShowSkits Check out The Canadian Real Estate Show CLIPS Channel @canadianrealestateclips Listen to the podcast Spotify: https://open.spotify.com/show/3IdhJbcDW4DOQR4PlTKarD?si=68e39e2c17474279 Follow us on TikTok https://www.tiktok.com/@canadianrealestateshow?is_from_webapp=1&sender_device=pc Follow us on X https://twitter.com/canadianREshow Talk with T.K. https://calendly.com/tk-book/1-on-1?month=2024-04 Join The Frank Leo Team https://getleo.com/joining-the-team/ You can find everything Darryl Frankfort on TikTok https://twitter.com/FrankfortReprt You can contact TK Butler at https://www.realtor.ca/agent/1779810/t-k-butler-2234-bloor-street-west-104524-toronto-ontario-m6s1n6 You can follow TK on Instagram https://www.instagram.com/armbar_broker/?hl=en -sun simulator  -Wildfires in alberta , here we go again -canada’s plummets from 5th to 33rd in global Quality of Life ranking, you see its not just me, its actually measurably getting much worse. -foreign students whos student visas expired are not being asked to leave, they are rallying to fight to stay. -average size home in canada in  1950 was 983 1970 was 1500 1990 was 2080 2004 was 2349 2009 was 2700 -many young developers who were able to raise a lot of capital now with many projects, no construction yet and needing to sell soon if not already. -we have already had the crash, ive been saying this for a long time, are we going to have another crash ontop of the last one? -I am seeing many instances of companies in development / construction laying people off. Either they’ve already done it or they’re about to. Sadly, we should expect this to continue. -ron butlers bet on boc rate -”I am noticing a significant uptick in defaults and general economic hardship at my office over these past two months.  People are hurting out there.” -”Aggregate res volumes are down (though not in our firm: humblebrag).  Refinances of 2nds/3rds are up noticeably.  I hear rental market demand is falling.   Significant % uptick in new build defaults.   Things feel shaky going into spring/summer.” Bear market Bull Market Bull trap Pause Rate Pause Rooming houses Bill 23 Mortgage Fraud Homelife Miracle fraud Scam Protest Investing Investment House Hacking BRRRRRR AirbNb Rental market Renting Trigger rates Oil Bank Of Canada Interest Rate Immigration Recession Deglobalization Demographics Aging Population Toronto Real Estate Hamilton Vancouver Real Estate Calgary Real Estate Montreal Real Estate Saskatchewan Real Estate Calgary Regina Saskatoon Real Estate Market Multi family investing Nimbys Yimbys Phimbis Politics World war 3 Recession Inflation ww3 Housing Policy Pre-construction Sales Condos Condominiums Bank of Canada Interest rate hike Interest rate raise War Canadian Real Estate Toronto Real estate Calgary real estate Toronto development projects Toronto past the canadian economy real estate investing real estate technology poptech buying real estate low inventory levels 2022 real estate predictions City Planning Real estate technology Investing in real estate Work from home Toronto Real Estate Vancouver Real estate canadian real estate house pricing condo market interest rates Politics Evergrande China oil Prices are dropping Darryl Frankfort DealCore Properties TK Butler Frank Leo and Asscociates 00:00 Intro 02:00 Please Subscribe 55:00 Almost Done

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