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My take on a recent BOC report
Enjoy!
And ya... go buy the thing.
Life is long, way too long not to enjoy that cool thing you want!
Sp get after it.
Who are some of the key individuals that have set housing policy over the past five decades, leading us into this situation.
'this situation' being what it may be to you personally
IE
Profitable
Challenging
Devastating
Or somewhere in between.
Should we call them out? By name, or by political party?
You may want to, but I'm not sure there's any point.
Housing hasn't been a political issue, not really, because nearly every level of government in every city, province, and nationally, has gone through a right swing and left swing and all the while prices have marched steadily upward.
The range of reactions is not unexpected to the last few episodes.
Who are you in this mix?
And what do you want to see happen?
How do you think we get to where you think we need to be?
What's the easy answer?
It there any answer at all?
A few more broader thoughts, and a wide collection of topics that we could go so much deeper on in the future.
The first, or perhaps the Foreign Buyer Episode was the first, in a series on how we got here, where exactly we are, and ultimately some ideas how we might get back to some sort of balanced market... the ideas will be later posts.
The next few, at least, will focus on how we got here - along with some math in this episode that demonstrates how far out of balance we are.
Hit me up with ideas for adjacent topics you want me to go deeper on.
Thank you
Q.
Is a (significant) upfront cheque for your book actually a thing?
What does an earn out look like?
Should we do a huge notification to the entire database?
A.
No.
Clear Consistent Communication will be Critical to the success
No.
You'll be left with many more questions at the end of this episode about how Mike manages to do what he does as a true solo-act.
Part of the answer is in always being a class act!
We humans like to do dumb things, so many dumb things:
Smoke
Vape
Drink to Excess
Eat Too Many Chips (this one is me)
Ban Foreign Buyers
All of the above we will regret, mainly for the sake of the next generation... but also for ourselves because contrary to another dumb belief, life is not short.... life is really really long. And you gotta live somewhere, in that body of yours, and in a dwelling of some sort ideally.
A thought for the day for you from the AMBA conference in Calgary Alberta on Tuesday June 3
From the publisher's feed
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