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If “housing scarcity” is what drives high prices and investor demand Why didn’t home prices and investor demand surge in the 1940s—when housing was even more scarce? Was the law of supply and demand not in effect back then?

Chart shows why the federal Liberals finally had to admit population growth is a big factor in housing prices. This is an excerpt from a brilliant paper by John Pasalis on the dangerous role played by investors, foreign & domestic. #cdnecon #cdnpoli movesmartly.com/thegreatselloff

Toronto is considering legalizing Sixplexes (a 6 unit building) on any residential lot. Do you think that’s a good idea? I have thoughts, but I’d love to hear yours. Please let me know what you think of this idea

Hard to believe same-sex marriage has only been legal in Canada for 20 years And that we were just the third country in the world to legalize it.

Canada’s economy was built on a mountain of household debt. Now, it’s cracking under pressure. Households are so overleveraged that even 4% mortgage rates are forcing them to slash spending Adding to the economic headwinds ahead ctvnews.ca/business/real-…

The craziest part is that we are still early in this downcycle Where will insolvencies be a year from now?

An abundance of homes for sale in Toronto!! Amazing what happens when real estate stops being treated like a get-rich-quick scheme

“We’ve operated under the assumption today’s housing market is simply a more expensive version of the one our parents knew. It isn’t. We are in a paradigm shift — one in which homes are no longer primarily bought by local families, but by global investors," says John Pasalis 2/3

Canada’s distorted housing market calls for more than ‘cranes on the skyline,’ vancouversun.com/opinion/canada…

CIBC's CEO has a big idea to help younger Canadians For Canadians under the age of 30, raise the tax exemption threshold before they start paying income tax to $75,000 “Young Canadians feel like there’s nothing in it for them, and we need to help them” theglobeandmail.com/investing/pers…

Canada’s Crisis CYCLE! 🔁💥 John Pasalis from Realosophy drops major truth bombs on why prices are so batshit crazy 🏡💸 Don’t miss this episode of the Angry Mortgage Podcast!

A realtor describing how some landlords prefer to leave their condos empty “There’s two kinds of investors in the building; people who don’t need the money to cover the mortgage – & they will say, ‘Screw it, I’ll leave it empty.’ And some are desperate” theglobeandmail.com/real-estate/ar…

The CEO of the Century Initiative argues that 🇨🇦 should reverse course on immigration cuts She wants to repeat the same mistakes of the past decade Supercharge the demand for 🏡 Then say high home prices are due to a "lack of supply" Let them eat 🍰 thestar.com/opinion/contri…

Join us for our online Monthly Market Update - live Thurs June 12th at 12PM ET to ask your on Qs or watch on demand after! With host John Pasalis Anastasia Spozito, Davin M frm Realosophy Realty and David Larock, Move Smartly - Toronto Area Housing News & Ideas our Mortgage Expert! hubs.la/Q03rGzKj0

Builders are taking on more debt as some in the residential sector struggle Interim construction lending up 383% over last year theglobeandmail.com/real-estate/ar…

Lots of supply, but nobody is buying