Ryan Sims insights, thoughts, and analysis

Tag: investment

  • Differential

    Differential can mean many different ( no pun intended ) things. Car guys in the group finally think I am writing something for them. While I hate to burst anyone’s bubble, this is not about diff’s on a car. Oddly enough, diff rhymes with Tiff, but I digress.. Today I want to look at how…

  • Saying the Quiet Part Out Loud

    Well, this week we finally heard it. In a press conference this week, the Prime Minister of Canada said the quiet part out loud!! During a press conference on housing, Justin Trudeau announced that basically if housing goes down in value, it will be a problem. I am not going to quote him here, but…

  • Fear and Greed

    There is really only 2 things that drive markets – any type of market, and that is fear and greed. The great Warren Buffett also has a saying about these 2 items – be fearful when others are greedy, and be greedy when others are fearful. Real estate has certainly seen its fair dose of…

  • Regulation Roundup

    What a week it was for Canadian real estate regulation!!! We should all be aware by now that first time homebuyers can now take a 30 year amortization on a new build -insured only of course. We should also know the homebuyer RRSP amount has now increased. First time homebuyers can now take $60,000.00, up…

  • Potpourri

    Wow, what a fascinating couple of weeks!! 2. On that note, Canada just surpassed a population of 41 million. Just 9 months after passing the 40 million mark, Canada has added an additional million people to the population. At this rate, Canada’s population is growing about 1.25 million a year. Of course, job growth isn’t…

  • Kick It While It’s Down – Housing that is

    What would a week be in brokering if we didn’t have curve balls thrown at us on the regular? Today OFSI announced they will implement the 450% income test to mortgages starting 2025. Basically, the mortgage amount cannot exceed 4.5 x the borrowers income. Of course, the Big 5 will get some exceptions, but they…

  • The Will

    will1 /wil/ verb That is the definition of the word will from Wikipedia. However, the will I want to ramble on about today is more “the will”. Canada faces a lot of problems. Just this week, the Toronto Police service was lambasted for suggesting that homeowners leave their keys by the door to make it…

  • Trust Me Bro

    What would a new year be if we didn’t receive some updated tax rules? Well, it wouldn’t feel normal. Although Canada already has some of the most complex reporting on the planet Earth, the CRA is at it again, and has decided to make life just a little more miserable for the average person.  Most of what…