To my own research In Canada, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call.
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
I am a middle millenial with a fairly high income (more than double the national household average) but I live in an area where houses are 1M+ for war time teardowns. Many of my friends have already left the country, and as much as I am a patriot, it just makes a lot more sense, if you are a professional or are otherwise a higher earner, to head to the states if you are able. I like Canada a lot, I grew up in rural Ontario with the total "Canadian experience", but it is a country that has chosen to intentionally grind the young to benefit the established, so, it's probably best to play the game and take the hint to bounce.
I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large wage.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
My CFA, Desiree Ruth Hoffman, is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
I was going to make the same comment. His "balancing effect" comment is nonsense, because if 500,000 people come to Canada, all 500,000 will need housing, while only a percentage will go into construction. Even if 100% went into construction, they couldn't meet the demand. They wouldn't even qualify as tradesmen. It's a ridiculous argument.
This guy is living in de-lu-lu land. We don’t build houses because we have bureaucracy lined in red tape, until that changes there’s no houses going to be built in time to see change. So bringing in more immigrants is not a solution, we have issues around building, plus the cost to build them is expensive, thus builders don’t want to take on new projects. Sir you need to read the room. 🙄😐
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
On behalf of young Canadians, Trudeau and Freeland must tax the old Canadians to their last pennies. We want to live in Canada where everyone is equally poor, but happy, since it's absolutely fair.
Heck ya. Sold my house and leaving Canada ASAP. The U.S. will gain an even bigger portion of Canada's tech talent over the next few years and they typically don't come back. Lower cost of living with a higher salary is a no brainer.
With a lot of Chinese investment in the Mexican economy (building multiple Electric Vehicle plants, solar panel manufacturing etc), a lot of Canadian talent (scientists and engineers) will also be moving to Mexico. Also, there is no DEI in Mexico hiring....therefore even white guys are welcome in Mexico :-)
Not only housing but all the cost of upkeep, property taxes are extremely high! I pay $350 a month just in property taxes (Guelph Ontario) in contrast, my USA coworker pays the same for a 4bd 4bath house in 4 ACRES , mine is an 880sqft CONDO, why does nobody talk about that???
The reason that is happening is coz when assessed your house is in millions while in the USA when they assessed the house it's not worth that much. So we again will come back to the issue of unaffordable housing here in Canada. and round and round we go where it stops nobody knows coz we all seem so stupid and driven by greed especially our chosen leaders.
@soulitaryconfinement516 not really, houses in USA are cheaper than in Canada, my condo here is about $550k cad, my coworker property is $320,000 USD (I checked with him) so, no. Besides, we are comparing 880sqft vs 4 acres.
lol I like how realtors were big part of pushing prices going high up, and now suggesting those who can't afford it should move to elsewhere, I hope your industry crushes you guys
Alberta. I just bought a 6 bedroom house on a half acre lot 30 mins outside Calgary for $175,000. Plenty of cheap houses in southern Alberta... for now.
My India investor landlord are attempting to sell an apartment they bought for 270k last year for 370k this year. 120 days on the market. I kind of love laughing at how dumb these people are
Gonna rent out my condo in Edmonton to some Indians and live off the rental income on a beach their country where I won't have to work and the rental income will cover all my expenses. I'd like to live and work in Canada but the wages are so low and costs are so high it's just not worth it to stay and contribute.
Yep. If you choose to live in Ontario or BC. Move to Alberta. Wages are better, taxes are lower and houses are cheaper. Can buy homes in southern Alberta for a fraction of home prices in BC and Ontario.
Tax investor more , they should not have 50 percent without tax. Capital tax gain on primary residence. More incentive for people to buy land and build their homes!!!!
With a lot of Chinese investment in the Mexican economy (building multiple Electric Vehicle plants, solar panel manufacturing etc), a lot of Canadian talent (scientists and engineers) will also be moving to Mexico. Also, there is no DEI in Mexico hiring....therefore even white guys are welcome in Mexico :-)
To my own research In Canada, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than 5 figures within just a year, and i have entrusted my advisor with the task of determining entry and exit points.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call.
Newly graduated medical doctor here. Moved out of Canada as soon as I graduated. Good luck everyone
Nobody's jumping in the market.The ball game is over.Okay it's o k forever canada will have to change their name one day to india
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
That's awesome!!! I know nothing about investment and I'm keen on getting started.
What are your strategies?
I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
People dismiss the importance of advisors until they are burned by their own emotions.
I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
As a beginner, it's essential for you to have a guide. Myself I'm guided by Mr Michael T Abagnale a widely known consultant
Close family relatives have forever left Canada for the USA.
Leaving Canada is the best move.
I am a middle millenial with a fairly high income (more than double the national household average) but I live in an area where houses are 1M+ for war time teardowns. Many of my friends have already left the country, and as much as I am a patriot, it just makes a lot more sense, if you are a professional or are otherwise a higher earner, to head to the states if you are able.
I like Canada a lot, I grew up in rural Ontario with the total "Canadian experience", but it is a country that has chosen to intentionally grind the young to benefit the established, so, it's probably best to play the game and take the hint to bounce.
Move to Alberta. Better wages, cheaper homes, less taxes. I just bought a 6 bedroom house on a half acre lot, 30 mins outside Calgary for $175,000
I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?
Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.
You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who witnessed the 2008 financial crisis can expect to generate a large wage.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
My CFA, Desiree Ruth Hoffman, is a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this tip. I must say, Desiree appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
Decreasing immigration will increase affordability. Very few immigrants work in construction and they create almost all of the demand.
I was going to make the same comment. His "balancing effect" comment is nonsense, because if 500,000 people come to Canada, all 500,000 will need housing, while only a percentage will go into construction. Even if 100% went into construction, they couldn't meet the demand. They wouldn't even qualify as tradesmen. It's a ridiculous argument.
This guy is living in de-lu-lu land. We don’t build houses because we have bureaucracy lined in red tape, until that changes there’s no houses going to be built in time to see change. So bringing in more immigrants is not a solution, we have issues around building, plus the cost to build them is expensive, thus builders don’t want to take on new projects. Sir you need to read the room.
🙄😐
More like leaving the country
People are.
Very smart to move out of Canada.It's a third world country.We have a corruption of government snake running the country
Money is not meant to control people, rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
On behalf of young Canadians, Trudeau and Freeland must tax the old Canadians to their last pennies. We want to live in Canada where everyone is equally poor, but happy, since it's absolutely fair.
I was raised very poor and worked my butt off, why not try that?
@@user-zx5hb6wi4k ask Trudeau and Freeland.
lol this is funny and its what the boomers have done to the younger generations.
Increasing amortization is the worst solution for the average citizen
Heck ya. Sold my house and leaving Canada ASAP. The U.S. will gain an even bigger portion of Canada's tech talent over the next few years and they typically don't come back. Lower cost of living with a higher salary is a no brainer.
With a lot of Chinese investment in the Mexican economy (building multiple Electric Vehicle plants, solar panel manufacturing etc), a lot of Canadian talent (scientists and engineers) will also be moving to Mexico. Also, there is no DEI in Mexico hiring....therefore even white guys are welcome in Mexico :-)
Yeah, working on moving to the US, whatever it takes.
Nothing has changed to build a house. What has changed is the dollar has been eroded.
If only we had lumber and land
No disabling comments Ok so far this Channel is way better then the CBC and I will give it a watch in future .
You both should work in construction...increase Canada's productivity....add value not noise😂😂😂😂😂😂😂😂😂😂😂
That is perfect. People who do real jobs should be valued more.
Not only housing but all the cost of upkeep, property taxes are extremely high! I pay $350 a month just in property taxes (Guelph Ontario) in contrast, my USA coworker pays the same for a 4bd 4bath house in 4 ACRES , mine is an 880sqft CONDO, why does nobody talk about that???
The reason that is happening is coz when assessed your house is in millions while in the USA when they assessed the house it's not worth that much. So we again will come back to the issue of unaffordable housing here in Canada. and round and round we go where it stops nobody knows coz we all seem so stupid and driven by greed especially our chosen leaders.
@soulitaryconfinement516 not really, houses in USA are cheaper than in Canada, my condo here is about $550k cad, my coworker property is $320,000 USD (I checked with him) so, no. Besides, we are comparing 880sqft vs 4 acres.
@@soulitaryconfinement516 millions for 880 sqft CONDO !? I wish! My condo is not waterfront Toronto 😂
It's a 10 yr correction...
Generational 100 yr mortgages like Switzerland and Japan coming
The definition of super saturation applies to debt levels in Canada..
lol I like how realtors were big part of pushing prices going high up, and now suggesting those who can't afford it should move to elsewhere, I hope your industry crushes you guys
Who are going buy these houses?
Alberta. I just bought a 6 bedroom house on a half acre lot 30 mins outside Calgary for $175,000. Plenty of cheap houses in southern Alberta... for now.
This guy is just pushing the status quo govt lines. Prices are too high, interest rates need to stay where they are, or go up.
0:05 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾 0:11 unpack it all 0:18
My India investor landlord are attempting to sell an apartment they bought for 270k last year for 370k this year. 120 days on the market. I kind of love laughing at how dumb these people are
Gonna rent out my condo in Edmonton to some Indians and live off the rental income on a beach their country where I won't have to work and the rental income will cover all my expenses. I'd like to live and work in Canada but the wages are so low and costs are so high it's just not worth it to stay and contribute.
why don’t we try it. lower immigration a bit and increasing supply
Most young couple have to choose...parents or homeowners. Sad.
Yep. If you choose to live in Ontario or BC. Move to Alberta. Wages are better, taxes are lower and houses are cheaper. Can buy homes in southern Alberta for a fraction of home prices in BC and Ontario.
Tax investor more , they should not have 50 percent without tax. Capital tax gain on primary residence. More incentive for people to buy land and build their homes!!!!
With a lot of Chinese investment in the Mexican economy (building multiple Electric Vehicle plants, solar panel manufacturing etc), a lot of Canadian talent (scientists and engineers) will also be moving to Mexico. Also, there is no DEI in Mexico hiring....therefore even white guys are welcome in Mexico :-)