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Fiscal Stimulus vs. Falling Prices: The Real Estate Story the Federal Budget Isn't Telling You
Ciao! Welcome to a new episode of Helping YOU Build Build Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.
The government just doubled the deficit to pour billions into capital projects, betting on future growth. But the numbers don't lie: Toronto's prices are still dropping. In this episode, we connect the dots between Ottawa's massive $78.3 billion budget, the Bank of Canada's muted rate cuts, and the very real decline in local home values.
What You Will Learn:
- The Real Target: Why the BoC is relying on the Budget's slow-moving stimulus instead of aggressive rate cuts.
- Where the Money Goes: Which key sectors (housing, infrastructure, defence) are getting the $170B+ investment and how that should affect long-term property values.
- The Disconnect: Why October's strong jobs report isn't enough to stop price declines (like the 7% condo drop) in the near term.
- Your Strategy: How to position your real estate investments now to leverage future fiscal growth while navigating today’s fragile market.
Next Steps: The market will closely watch the Inflation Rate data on November 17, and particularly the December 10 Bank of Canada Interest Rate decision, to see if the recent job strength is enough to keep rates steady.
Ciao ciao 👋🏼
Support the show
Helping YOU Build Wealth Through #RealEstate #BrickByBrick
Your support means the world. If you’ve found value in these conversations, the best way to keep them going is by subscribing. Support the show 🙏 Click the link to see support options.
Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock
View all episodes
By Nico James-BockCiao! Welcome to a new episode of Helping YOU Build Build Wealth Through Real Estate...Brick by Brick with me, Nico James-Bock, Founder of The CondoWiz™ Group and Broker at Keller Williams Co-Elevation Realty in Toronto.
The government just doubled the deficit to pour billions into capital projects, betting on future growth. But the numbers don't lie: Toronto's prices are still dropping. In this episode, we connect the dots between Ottawa's massive $78.3 billion budget, the Bank of Canada's muted rate cuts, and the very real decline in local home values.
What You Will Learn:
- The Real Target: Why the BoC is relying on the Budget's slow-moving stimulus instead of aggressive rate cuts.
- Where the Money Goes: Which key sectors (housing, infrastructure, defence) are getting the $170B+ investment and how that should affect long-term property values.
- The Disconnect: Why October's strong jobs report isn't enough to stop price declines (like the 7% condo drop) in the near term.
- Your Strategy: How to position your real estate investments now to leverage future fiscal growth while navigating today’s fragile market.
Next Steps: The market will closely watch the Inflation Rate data on November 17, and particularly the December 10 Bank of Canada Interest Rate decision, to see if the recent job strength is enough to keep rates steady.
Ciao ciao 👋🏼
Support the show
Helping YOU Build Wealth Through #RealEstate #BrickByBrick
Your support means the world. If you’ve found value in these conversations, the best way to keep them going is by subscribing. Support the show 🙏 Click the link to see support options.
Book a time for a quick 15min Chat - Discovery: https://calendly.com/thecondowiz/15min
Social:
https://linktr.ee/nicojamesbock