Last night, the Ontario government released a list of all businesses they consider to be essential during a Covid-19 induced shutdown-ish thing. Some doomsayers have told me the general economy has sort-of been ground to a halt. Some organizations seem to be salvaging with the ostensible "work from home" strategy. The challenge with real estate is that … Continue reading Real estate was deemed an essential workplace during COVID-19 – here’s 3 reasons why.
I had someone inquire about last week’s 3-pointer videos on Instagram (which I haven’t posted the follow-up article to, sorry). The inquiry was specifically about the meaning of a supply-flood, and how exactly that may take shape. A flood, or other type of supply-shock is probably the biggest vulnerability the real estate market faces right … Continue reading Watch for these 3 supply flood indicators in the real estate market.
1. Don’t try to time the market. Buy and sell in the same economy. Trying to create or carve out an arbitrage in a volatile market is where people get burned. Unless you're an economist, an actuary, or write financial instruments for a living, arbitrage is fickle. One of the important ignored nuances around this concept … Continue reading 3 protection mechanisms for transacting real estate in a volatile financial market
3-Pointer Below is a list of the 3 types of listings that will perform the best while the spring market is on pause, in the event of a shutdown comparable to Italy or Wuhan. I think that we’re currently at the onset of what seems to be an interesting shift in consumer psychology, where the … Continue reading The 3 best real estate listings in a shut-down spring market
I'm going to outline the 3 housing buyer groups most impacted by current market conditions... which are: house prices rising stock market declining declining interest rates If you'd prefer to read this in tweets click here: https://twitter.com/WTFoch/status/1237721132113018886 If you'd prefer to watch me talk about this in less than 1 minute, check out my IG story: https://www.instagram.com/danielfoch/ … Continue reading 3-pointer | The 3 housing buyers most impacted by current market conditions.
Today's 3-pointer will be brief, and it could very quickly become functionally irrelevant as the coronavirus panic spreads from grocery stores to real estate viewings. There are 3 statistically-biased reasons you really shouldn't get too wrapped up in the idea that "spring market" pricing is any different than the other seasons: People - selection bias Product … Continue reading 3 reasons you shouldn’t get caught up in spring “price growth”
Coronavirus, more formally known as the disease Covid-19, and the infection Sars-Cov-2, just became a lot more real for North Americans, as it's finally permeated our two favourite things, the economy, and pop-culture. There is a travel ban between Europe & USA. All major indices are in bear-market territory. The NBA is shutting down, an … Continue reading 3 hidden ways coronavirus is going to impact the real estate market.
Municipalities (cities, towns, regions, etc.) are more than just a place to live. They're a firm within the economy, and like every other firm in the economy, they want to sell you something. The way that they sell you something is through a supply chain that starts with the land registry system and ends with … Continue reading Firms exist to make profit. Towns exist to make progress.
I recently had a conversation about this with my brother, who is a landscape architect. We're working together on a project right now, and we were looking at a house called "The Millbrook House" trying to figure out if we should set up a visit for inspiration. It almost felt out of place to be … Continue reading The architectural role of small towns in urban areas
I was on the phone this morning with an individual who is looking to put two large residential rental towers in the middle of designated employment land that are not yet serviced. Naturally, the municipality did not like this idea. Who's surprised? This site is located about 500m across the road from a power centre. … Continue reading Planning adaptive reuse: tomorrow’s wasteful nature is today’s urban planning