02/08/2023
Did you know that NOW is the time to build your GENERATIONAL WEALTH through Real Estate?
Due to the changes that are happening in the market it can be your opportunity to build your generational wealth. During 2022 all markets (real estate, stocks, crypto etc.) were crashing. In your lifetime you experience 3-5 recessions and those are the golden opportunities to create generational wealth through buying assets at a BARGAIN. Can you remember when was the last time that you could acquire real estate and be able to make a decision without the rush or even put conditions on your offer and get your dream home or investment property at a lower price. Those were that times that we look back and say to ourselves that why haven’t we purchased more real estate or even our dream house. During financial crisis in 2008 in October your average house cost in GTA was around 350K and at the pick of the market in February 2022 around 1.3M. That is 371% increase in value over 12 years (almost 31%/year). That was one of those golden opportunities that I am referring to. Now is the time to invest before deals disappear from the market and prices will continue going up.
To put things in perspective. According to recent news Canada in 2022 has received more residents (431,645) than ever and in the coming years will be aiming for 500,000/year or more. Were do you think all those people will stay. WE NEED MORE HOUSING. On top of that according to Bloomberg article Canada has accepted 392,221 people that are students and work permitted. In perspective that gives us 822,866 new immigrants that need a home. Those are the highest immigration numbers since 1972.
INVESTORS - Government of Ontario introduced bill 23 – More homes build faster. It means that on certain properties you are allowed to build a secondary unit or divide existing property into more units. WOW this will finally allow you to have this CASH FLOWING property with minimal down payment that you always wanted.
There are more incredible information that I am happy to share with you just contact me.
