The Wise Old Owl Podcast

This week, I had the pleasure of speaking with Nick Hill, co-host of the Canadian Real Estate Investor Podcast. Nick offers valuable insights into the abundant investment opportunities across Canada's real estate market, from coast to coast. We dive into the current market challenges, including the nation's housing affordability issues, while highlighting that, with the right mindset, there are still significant opportunities for wealth creation in real estate.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week I dive into the growing struggles builders face when trying to construct new homes. From inflated costs to unnecessary regulations, government taxes and requirements are driving up prices and making it harder to get homes built. These added costs are ultimately passed down to the buyer, making homeownership even more out of reach for many. This has to stop.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week, Vince explores the latest developments in the housing affordability crisis, shedding light on key policy measures being implemented to address the issue. He also emphasizes the need for high-density housing as a critical solution to alleviate the current challenges. Additionally, Vince discusses the role of immigration in the housing debate and clears up some common misconceptions surrounding the repurposing of single-family homes.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week, Vince sits down with real estate expert Nick Oppedisano of The OP Team to discuss the latest trends and key topics shaping the world of real estate, including a look at some political issues impacting the industry.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

The federal government has been promoting various policy changes aimed at addressing affordability in housing, but the reality is that these efforts are falling short. Instead of providing real solutions, they are creating a new class of debt slaves. We must demand better from our policymakers. It’s time for comprehensive solutions that truly tackle the housing crisis and relieve the financial burden on families.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Not the best news! But this week, Vince dives into the current state of the pre-construction condo market and the tough decisions many purchasers are facing. With a significant number of buyers entering the market during its peak, many now find themselves grappling with declining values and uncertainty about when—or if—the market will bounce back. This may be a tough learning experience for many

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

The newly launched Vacant Home Tax is already facing significant scrutiny and overhaul. Over 150,000 homeowners have been mistakenly charged, highlighting the scale of the issue. Olivia Chow herself acknowledged the situation as a major fiasco. Unfortunately, this misstep has disproportionately impacted the most vulnerable members of our community. It’s crucial that we hold our political leaders accountable for these shortcomings.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

The real estate market is likely to face further challenges before we see any signs of recovery. Affordability remains a pressing issue, and unfortunately, the current government has yet to implement effective measures to address it. Recent TREB numbers have been released, and the statistics paint a troubling picture. Year-over-year comparisons reveal a significant decline, indicating that the market is in a precarious position.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Many people are unaware of how their credit score is calculated, so I thought I'd help clarify the five key components that play a crucial role in determining it. Enjoy!

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Here's some advice for you. Don’t fall for lenders’ tactics—hold off on renewing your mortgage early! Especially if you have a good rate. Be patient! Ride your current mortgage rate to the full length of maturation. The Canadian economy is in a bad place, and I believe that further rate cuts are coming.

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/