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
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
I remember back when I was a gymbro (I still sort of am, just not fit), I bought a cool shirt that said "never settle" on it. I bought it because I thought it was reflective of the work ethic and motivation I had at the time. I didn't really realize that it was more … Continue reading You settle somewhere so that you don’t have to settle elsewhere.
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
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?
Walkability. If you've ever been privy to the circles of planning, development, or real estate south of Green Lane, you've definitely heard someone wax poetic about this term, and the value of robust mixed-use communities, intimately walkable development patterns, and new urbanism. With this series of articles, it's my goal to identify the most walkable neighbourhoods in Georgina … Continue reading Portraits of Walkability: Georgina’s most Walkable Neighbourhoods
Everyone hates tax. And even more so, everyone hates substantial increases in tax. It's no secret that real estate professionals are not supporters of excessive land transfer tax. It costs our clients more money, and it redirects the natural course of the market. Currently, Toronto is the only municipality in Ontario that has a municipal … Continue reading What Wynne’s new land transfer tax means for the real estate market.