One of the easily ignorable differences in the future analysis of the Shores of Lake Simcoe is the differences in urban planning and settlement patterns over the course of the histories of these municipalities. Both municipalities have their historic cores, with a couple of 190X homes densely put together to capitalize on some random enterprise … Continue reading A Tale of Two Shores – Arteries, Highways & Regional Roads [Innisfil vs. Georgina]
A Tale of Two Shores - Chapter 2 See Chapter 1: How the GO Train may not change the future of Innisfil vs. Georgina The first point of fascination for me in regards to these two municipalities is that they're functionally very similar, and a small detail in their past has made them ever so … Continue reading A tale of two shores – They’re called “Skilled” trades for a reason. [Innisfil vs. Georgina]
Stuck on the Highway It's just a cultural norm in the GTA that you can send a text and just say "stuck on the highway" and you're automatically excused from being late. In the GTA, it seems that housing capital migration is "stuck on the highway", too. I had to spit out my conclusion quickly … Continue reading How we move: regional migration patterns along provincial highways
Those who know me and work closely with me know that I'm no stranger to spending (wasting) money on strange tech plays in the real estate space. My experience with it has given me a healthy dose of skepticism towards the idea that real estate will get an "uber" - that being a completely peer-to-peer … Continue reading The Uberification of Property is Computer-Assisted Real Estate vs. agent kick-backs
If you study people who really understand investing in companies, you can typically find some pretty sound fundamental analysis and systems for the valuation and investment of companies that can be purchased at a fair price. In your studies, you may come across a couple of gentlemen named Warren Buffett and Charlie Munger. If you study people who really … Continue reading Timing the housing market should be judged like timing the stock market
The short answer is "it's too early to tell." The longer answer is probably synonymous to the reason I'm asking this question, so I'll give you that rationale first: I have a couple of motivations for wanting to answer this question, but the primary one would be my concern for young Canadians and our role … Continue reading Could Canada end up with a European-style housing economy?
Q: What is the best investment that you can make in real estate today? A: Residential income property located on a major arterial road within the secondary plan of a small town in the GTA. I work with a lot of small-cap investors, and I get asked this question regularly. I'm typically reluctant to answer … Continue reading Small-cap investors: What’s the best investment you can make today?
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?
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
Real estate supply & demand I've been writing a lot about demand factors lately, and perhaps that's a function of the buyer's market we're currently in. So, as an aside, I will be releasing my Summer 2019 market report sometime within the next few days, but here's a teaser infographic reiterating that we are, in fact, in … Continue reading WTF is a buyer’s market?