Real estate was deemed an essential workplace during COVID-19 – here’s 3 reasons why.

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.

Is Toronto’s obsession with the CN tower stifling condo supply?

The CN tower is Toronto's baby. It's our landmark and the face of our city. It may also have a role in Toronto's housing supply shortage by suppressing supertall development near it. I remember distinctly during my time at Cornell's CIRECC event in New York City, both of the two tallest buildings in NYC were … Continue reading Is Toronto’s obsession with the CN tower stifling condo supply?

The burning Amazon, and real estate as an information system

Real estate is a technology. I've had this idea marinating in my head for a little while that is sort of an expansion of the concept I've already communicated I believe in: real estate is a technology. Land is the surface of a floating rock in space we're lucky enough to exist upon. It is a … Continue reading The burning Amazon, and real estate as an information system

WTF is a “price floor” and why is it moving up?

Crossposted to http://www.fochfamily.com/blog and my linkedin. I got a response on instagram to yesterday's blog post & subsequent story post about the prominent buyers in the market right now, and why they're dictating the demand side of market equilibrium. The question was: buy now or wait it out? My response was pretty diplomatic. "It depends … Continue reading WTF is a “price floor” and why is it moving up?

So you bought a property… but who are you going to sell it to?

Crossposted at http://www.fochfamily.com/blog The real estate market in the Greater Toronto Area is, for lack of a better word, weird. As a result of this new reality we're living in, it's really tough to find reliable data to formulate any kind of empirically verifiable investment thesis. This has caused me, and a handful of others … Continue reading So you bought a property… but who are you going to sell it to?