Ryan Sims insights, thoughts, and analysis

Tag: real-estate-investing

  • Um, What?

    The only thing I know about 2024 is it just seems to get weirder and weirder as the year goes on. I guess it is hard to predict what a government on the edge of losing power can do? No one, and I honestly mean no one, had the recent mortgage changes on their 2024…

  • 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…

  • Capital, with a Capital C

    Way back when we were in grade school the word capital came up a lot. In English class we were taught to make the first letter of a sentence a capital. In Geography we were taught the capital cities of Provinces and States. However, school certainly fell down in teaching all of us about just…

  • 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…

  • 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…