The Canadian Real Estate Investor

Mississauga and Oakville just froze new data centres. Saskatchewan rolled out the red carpet for a Bell campus near Regina worth over $50 billion. Nick and Daniel break down what these buildings are, why each province is handling them so differently, and why two out of three Canadians don't want one near their home. They take on the viral water claims and explain how the money works: tenants reserve power and pay whether they use it or not. Then they each say whether they'd invest. Plus the October 27 date that could decide whether the GTA fringe becomes a market or stays frozen.
See omnystudio.com/listener for privacy information.

After over 400 episodes, people still told us they didn't know what to do next, so we started putting them in a room. Nick and Dan look back on how the podcast turned into sold out events, why real estate is a people business, and what we built because of it. Tune in for insights and come to an event to see for yourself!
Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan
Exchange-Traded Funds (ETFs) | BMO Global Asset Management
LISTEN AD FREE
See omnystudio.com/listener for privacy information.

CREA August is out and every province sold fewer homes than a year ago. Oil topped $108, which pushes fixed mortgage rates up. Carney's summit pledges and the new Mega Deduction won't lower anyone's mortgage. Sales are stuck and buyers are gaining leverage, so watch your local numbers, not the national average.
Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan
Exchange-Traded Funds (ETFs) | BMO Global Asset Management
LISTEN AD FREE
See omnystudio.com/listener for privacy information.

We switch things up in this episode and Fred Cassano from PwC interviews Dan on the Emerging trends Report produced annually by PWC and ULI
TORONTO MULTIPLEX EVENT
Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan
Exchange-Traded Funds (ETFs) | BMO Global Asset Management
LISTEN AD FREE
See omnystudio.com/listener for privacy information.

GET TICKETS TO CANADA'S #1 MULTIPLEX EVENT: https://realist.ca/community/events/unpacking-multiplexes-toronto
Most Canadians think their home is an investment.
And honestly, the data says they are not crazy.
Homeowners are dramatically wealthier than renters. In Canada, StatCan showed homeowner net worth rising from about $324,000 in 1999 to about $685,000 in 2019, while renter net worth went from about $15,000 to $24,000. CMHC research says homeowners are roughly seven times wealthier than renters, and their homes represent about half of their net wealth.
So yes, homeownership has created an enormous amount of household wealth.
But Robert Kiyosaki also had a point when he said your house is not an asset if it takes money out of your pocket every month.
Because a primary residence can make you rich on paper while making you cash-flow poor in real life.
That is the episode today.
Is your home actually an investment, or is it a liability with good branding?

See omnystudio.com/listener for privacy information.