Tag Archives: Vancouver

Foreign Investment in Canadian Real Estate

Not in my Backyard  I recently read an article about a lower mainland couple who doesn’t like how a neighbouring $2 million house sits empty all the time. The yard is unkempt, there are no cars in the driveway and the lack of human presence is “driving [the couple] slightly bananas.” Sacré bleu! You mean to tell me that there… Read More »

Average house in Vancouver to cost $2.1 million by 2030

According to a Financial Post report the average price of detached homes in Toronto passed the $1 million mark for the first time last month. 🙂 The GTA has experienced a housing bull market for almost 2 decades and there is no sign of it stopping. I want to congratulate Torontonians for reaching the $1 million milestone. Welcome to the club.… Read More »

We’re Becoming Wealthier

Recently read in the news that the average Canadian household now has a net worth of $400,151 CAD, a record high. Yay, time to partay\(~o~)/ This is great news because more money translates into better purchasing power so buying goods and services become more affordable, relatively speaking. I didn’t know exactly why my net worth has been going up… Read More »

Adjusted Cost Base for Anything

Good things come to those who wait. Unfortunately that’s not always the case for investors. I missed out on a good piece of farmland recently because I didn’t act quickly enough 🙁 Saw this posting last week. It’s on the realtor.ca website so anyone could browse all the various agricultural listings on there. This particular land is uber… Read More »