The current economic situation makes the real estate industry harder to navigate than ever. In this episode, Justin Nehme (one of the lead realtors in Montreal) clears up some of real estate’s biggest questions such as: buy vs rent, house vs condo, and is the real estate industry doomed.
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CENTRIS: https://www.centris.ca/en/real-estate...0:00 intro
1:04 Is the real estate industry doomed?
7:30 Buying vs renting
7:01 How did we get into the current housing market?
20:59 Single family home VS condo
26:56 Are perimeter neighborhoods the next big thing?
28:44 What makes a condo more valuable than another
30:45 The baby boomer effect on the housing market
35:14 Rents tripled in 2 years.
38:32 laws around raising rent
44:00 Landlords used to have a hard time getting tenants
51:24 Real estate vs GICs
1:05:25 Instant gratification vs sacrifice
1:14:13 The effect of social media
1:19:41 Is the next generation screwed?
1:27:44 Raising kids when you have money
1:31:52 Rating the different neighbourhoods in Montreal