“But Warren Buffett, the Oracle of Omaha, told CNN that he does not think the U.S. will go into a recession. He also thinks president Obama is right in trying to raise $1.6-trillion in revenue: ‘We need $1.6 trillion. We need to get our revenue up to about 19 percent of GDP, and we need to get […]
Have you wondered why investing leaders like Warren Buffet are now turning to real estate? Click the link below and read about the low returns investors have historically received on bond holdings…then compare those returns with real estate… “Thoughtful investors avoid what behavioral finance experts call the “money illusion” — the tendency to think of […]
“Calgary and Edmonton are now the top cities for real estate investment, according to a new report from PwC and the Urban Land Institute, which says the two Alberta cities have displaced Toronto and Vancouver for 2013. Investors will favour apartment and office buildings next year while developers will focus on the retail market but […]
“Canadian housing starts fell in October as both single and multiple urban starts slumped, Canada Mortgage and Housing Corp said on Thursday in a report that confirms further slowing in the country’s once-booming housing market.” (Source: Financial Post, November 8, 2012). Click link to view article in its entirety: http://business.financialpost.com/2012/11/08/canadas-cooling-housing-market-expected-to-slow-economys-growth-in-2013/ We Welcome your questions and […]
“Many experts argue that the U.S. housing market has turned the corner. Some – like Wharton professor Jeremy Sigel – have argued that it’s one of the few bright spots that will drive economic growth. But is the housing recovery all that certain? The Fed’s decision to purchase $40 billion of agency MBS a month […]
“Canadian housing prices will fall 10% over the next several years and homebuilding will slow sharply in 2013, but the country’s recent property boom is not expected to end in a U.S.-style collapse, according to a Reuters poll. The survey of 20 forecasters published on Friday showed the majority believe the Canadian government has done […]
Investing in foreclosed US homes is quickly becoming a popular choice for REITs: “The next wave of real estate investment trusts south of the border is likely to be made of distressed properties bought by private-equity investors so cheaply that they can be rented out and still produce good returns despite the high management costs. […]
Hamilton’s Main Employers: Sector 1996 2006 %change Manufacturing 64,750 57,630 -11% Health care & social assistance 30,630 40,080 31% Educational services 19,550 30,830 57% Construction 15,680 28,080 78% Finance, insurance, real estate 22,150 26,380 19% Professional, scientific & technical 13,400 23,930 79% (Source: The Hamilton Spectator- Souvenir Edition page HN11 (Wednesday, October, 31, 2007). “Hamilton Next, Focus on the Future City: “Where […]
Is it a tunnel dream, a fantasy or an economic vision for the ages? As technology improves we are seeing more under-lake transportation tunnels as opposed to bridges. There is the tunnel linking France to England beneath the English channel, and now, Canada has its own example. A tunnel from mainland Toronto underneath Lake Ontario […]
“The value of building permits issued in Canada unexpectedly fell by 13.2% in September from August, dragged down by a major drop in the non-residential sector, Statistics Canada data indicated on Monday. The fall – the greatest since the 23.7% plunge recorded in Aptil 2011 – was far greater than the 3.0% decrease forecast by […]
