Investing

Understanding Economic Cycles: Part I

Understanding Economic Cycles: Part I

If we’re going to invest in real estate, wouldn't it be great if we could predict the future? Well we can, sort of. Our economy is made up of remarkably predictable patterns that regularly repeat themselves over time. These patterns, called cycles, can give us clues...

Mortgage Renewal Intel

Mortgage Renewal Intel

renew?   I've coordinated renewal of several mortgages over the past few months (you may recall we sometimes try to time renewals for US election years because of typically coinciding rate dips), and here's what I've learned: Existing variable rates are crazy-low (as...

Mortgage Deferrals

Mortgage Deferrals

defer?   Since March, Canadian lenders have offered borrowers an opportunity to defer mortgage payments (they're okay with this because interest continues to accrue, and they're in the business of earning interest).   As one of our goals is the rapid repayment of...

Exit Alberta Real Estate?

Exit Alberta Real Estate?

exit?   2006 and 2007 were frothy years in Alberta real estate, followed by a not-unexpected collapse in 2008. We waited for things to settle down before beginning to acquire property at significant discounts to those earlier insane prices.   When I first spoke with...

The Coming Canadian Crash

The Coming Canadian Crash

  I used to have a rule of thumb: I’d buy any single-family home at 20% below current market value. Now, I’m not so sure.   On May 27, Canada Mortgage & Housing Corporation (CMHC) released a special edition of their Housing Market Outlook. In it there’s...

The Best Recession  Depression Chat Ever

The Best Recession <> Depression Chat Ever

What follows are notes prepared and shared by my friend John Diack on a recent web-conference. You are invited to view the full discussion and access source documents: Recession or Depression: Why What Happens NEXT Matters. Goals for this chat: prepare to be our very...