Ryan Sims insights, thoughts, and analysis

Tag: real-estate

  • 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…

  • If It Ain’t Broke

    Where I grew up, it was common to hear someone remark ” If it ain’t broke – don’t fix it”. Great point, but I often wondered all of these years – what if it is broke? No one ever seemed to have an answer for that. No matter what your profession, your beliefs, you political…

  • 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…

  • A Different Lens

    This morning around 11:00 am my phone just started blowing up. And it didn’t stop. What the hell could be so important I wondered? Was Publishers CLearing House trying to get a hold of me to let me know I won 100 Million dollars? Sadly, that was not the case. Of course as most of…

  • 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…

  • Risky Business

    There are few occasions in history where a government getting involved helped. There are countless examples of times where the government getting involved completely fucked things up. It seems that government of today cannot help themselves. One of the least covered stories in the mortgage world seems to be the Canadian Housing Trust, and the…

  • 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…

  • Consider The Source

    I have long held the belief that you should always consider the source whenever taking advice from anyone. God knows there are way too many internet bloggers giving out their opinions these days. Anyways……. Beyond considering the source of someone, we should also consider the source of some things. Today was an absolutely gorgeous day…