Warren Buffett
Since stocks are trading low, that means your money will have more room to grow and your dollar will go further. Historically, stocks will rise in value, but you might have to wait longer to see these returns. No, you shouldn’t go out and spend all your money on action figures or pour it into cryptocurrency. But if you do your research, or have specialized knowledge about a certain industry, you might uncover something that could be worth investing in.
Love 2 rent forever because homes are just pogs for investors
Corporate media has ZERO understanding of average people. The elitist rich-wing propagandists are full of sh*te. There's no right or left, and culture issues are fake. There's the fake conservative rich-wing, and the fake liberal rich-wing, and then there's the rest of us.
A principal residence should never be seen as a tool for building wealth. It should be seen as a place to live.
I never got a mortgage, I rent for $950 CAD/month all included because I will never get a 20 year loan where I have no control over interest rates and if they raise too high and I can't pay my mortgage, they take my house, my down payment and all my mortgage payments and laugh?
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With mortgage rates reaching new heights, how can you build wealth with homeownership off the tableIf you can\u0027t afford a down payment, there are some other options for long\u002Dterm
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Posthaste: Rising mortgage rates driving Ontario homeowners to move in search of affordabilityAffordability issues pushing 32% of Ontario homeowners to plan a move this year, survey says Getting out of Ontario is the best solution. The living is better elsewhere. Should have read “…driving MORE…now worse traffic jam ever….”
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Posthaste: Rising mortgage rates driving Ontario homeowners to move in search of affordabilityAffordability issues pushing 32% of Ontario homeowners to plan a move this year, survey says In 1981 the BOC rate was 21.46% People weren't fleeing. Avg home was $90k which is why the rate hike. It's $15k higher than it was 2 years before. $90k in 81 is $278k today. That would be a $4800 mortgage. Avg price is $1.3M... It isn't the rate people are fleeing. Guess who’s buying those homes? Outside investors…..
Source: calgaryherald - 🏆 64. / 52 Read more »
2 of the Key Aspects of Housing Affordability - Mortgage Rates & Price - constructconnect.com - Daily Commercial NewsYou’ll often hear that the residential real estate market will be the first among all players in the economy to signal a cyclical change (e.g., from recession to recovery or vice versa) brought on by central bank interest rate action. This is an important topic in the context of current worries about recession due to […]
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