THEY Built a Bubble | The People Behind Canada's Soaring Real Estate скачать в хорошем качестве

THEY Built a Bubble | The People Behind Canada's Soaring Real Estate

Who Built the Bubble??🤔 Start Investing: http://bit.ly/russellinvest | ₿₿ $10 Free Bitcoin with BlockFi ₿₿ http://bit.ly/BFcanada | Buy Crypto in Canada (+$25 Bonus): https://bit.ly/CaCrypto | Canada's CashApp (+$5 Free): https://bit.ly/RussellCash --- Become an OFFICIAL MEMBER of the channel:    / @russellmatthews   (or JOIN Button) Start Investing (+$10 Bonus): https://my.wealthsimple.com/app/publi... Buy Cryptocurrencies (+$20 Bonus): https://bitbuy.ca/sign-up?c=TCATMF7MP Protect your Crypto: https://shop.ledger.com/pages/ledger-... Join our DISCORD Server to Discuss and Ask Questions:   / discord   Become a FREE subscriber: https://bit.ly/3jcltCp Instagram:   / askrussell   For business or one-on-one investing/real estate agent consulting inquiries, or to work with Russell to purchase or sell property in the Greater Toronto Area, contact via this email address: russell@askrussell.ca Microphone: https://amzn.to/36weYHT Camera: https://amzn.to/2OrTh4U Audio Interface: https://amzn.to/3nKt5Qj Studio Lights: https://amzn.to/34Qa7z4 Headphones: https://amzn.to/30Q9vrF --- ⚠ #Canada #AssetInflation #BoC ⚠ We’ve talked about real estate/ how markets are manipulated before, but now the ones responsible for it are starting to own up for it - and their response is essentially “we’re aware, and we don’t care” The Money Printing is reducing Interest rates, increasing liquidity in the banks, more mortgages issued, looser with credit, of course this will increase the buyer pool, boost demand, and prices. Previously, the Bank of Canada hasn’t taken responsibility for this, and as of right now, they still haven’t. But the former governor of the Bank of Canada, the one who was in charge at the beginning of the pandemic has made some interesting statements. Poloz Interview    • Rising interest rates a symptom of an econ...   Poloz Comments - he’ll take a booming housing market as the consequence for avoiding a deeper recession. But what is ignored is the broader societal issues that can emerge, when the gap grows between the people who invest in things like real estate and stocks, and those who don’t. Now on the channel, I recommend that people learn about this kind of investing, because we can’t count on governments to solve these inequality problems, so we have to play the game by the rules that currently exist. The language that BoC and Government Use is very important Macklam Says Early Signs of Exuberance, either they don’t know the impact of their language, or they do and are using it. When they say they don’t see signs of overheating, and signal that they're going to keep interest rates low in the long term, what does that tell buyers? We’ll take the growth we can get, says Bank of Canada. Perhaps the BoC won’t do anything to slow the growth, since this makes up a significant portion of the Canadian economy. Not many politicians are ringing alarm bells, RBC recommends looking at removing primary residence Capital Gains exemption Would this make real estate even less liquid? Home owners could just take out HELOCs or Do a Cash Out Refi, instead, tax free! Summary, No Silver Bullet - what is anyone supposed to do? Should the Bank of Canada not have started their QE program to lower interest rates? This could have led to the Government of Canada not being able to provide support to individuals and businesses throughout the pandemic. Should Politicians and Bank of Canada change the language they use when talking about real estate price growth? Shifting the narrative could be enough to quell the rampant expectations of future growth. --- End Music Credit: www.bensound.com DISCLAIMER: This video is intended to be used for entertainment purposes only, and is not to be interpreted as advice, financial, investing, legal or otherwise. Any decision or action made by any viewer of this video is entirely at the discretion of that individual. Russell Matthews does not warrant or represent that any information is accurate. This description contains affiliate links, and if you purchase an item, a portion of the sale will go towards supporting the channel, at no additional cost to you.