Real Talk With Gary Hibbert - The Canadian Housing Crisis - What's Next?.

In this interview Gary Hibbert discusses with Chris Seepe a wide range of matters related to Canada’s, and especially Ontario’s, unaffordable housing crisis. They zero in on its causes, symptoms and a variety of solutions. In particular, Chris focuses in on why “government cannot afford affordable housing.” Also topics discussed include:

• Retiring on investment property income
• Preparing for hyper-inflation
• What investments besides real estate track with inflation?
• Impact of stress test on unaffordable housing
• Why are the greatest housing shortages in the most socialist provinces?
• Government can’t afford affordable housing
• Feedback on the province’s Affordable Housing Task Force report
• NIMBYs contribute significantly to unaffordability
• Oshawa rental property licensing program is a national concern
• Licensing instantly wipes out $110 million in rental property equity
• Understanding cap(italization) rate
• Long-term tenants wipe out vast amounts of growth-building and retirement equity
• Ontario’s Above Guideline Increase fiasco
• Tenants (not landlords) pay property taxes and some capital expenses
• New (ludicrous) tax schemes
• Government massively widened the wealth gap between haves and have-nots
• Significant danger in over-leveraging in this economy
• Don’t borrow—pay down your mortgages

Видео Real Talk With Gary Hibbert - The Canadian Housing Crisis - What's Next?. канала Christopher Seepe