Prices Aren't Working

House prices continue to be beyond the income levels. They still need to drop more to become affordable!

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation ...



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Mark, it just me or is this usual, I've never seen so many houses listed for sale that are absolutely empty or some that are so staged you can tell no one lives there.
Do people have that much money they can afford two places or are allot of banks taking these over or are investors fleeing no matter how much they lose. ?

🫵👍🏼🇨🇦🦦🦦🦦🌊🌊🌊✅

Canada - read closely. Honda, etc will do the same now. Learn Mandarin.
President Trump STUNS the Democrats by confirming Toyota is moving Tacoma production from MEXICO to TEXAS, USA. "Toyota is moving out of Mexico into the United States and building one of the biggest truck and car plants ever built. That's amazing. That's what tariffs do, properly used!" 🔥🔥

The entire real estate market will turn soon. That’s simply how cycles work. If you want to know the future, study history. For the first time in over 100 years, construction activity across the GTA has virtually come to a standstill across all sectors. At the same time, inventory is shrinking (see actual statistics). The outcome is inevitable. I'm not a broker, just using common sense and looking at the facts.

The funny thing is that in Ontario, if you're on the "Sunshine list" as someone who makes $100,000 or more per year, you can't even buy a shack in one of the larger cities. That 100k figure goes back to 1995. Jokes on you I guess. Cooked

Jason Mercer needs to go to the speech therapy doctor and also he needs to watch his nose because if he keeps it up he will look even more like pinocchio

Great podcast as usual and so much for the so called TREB expert and his/their crystal ball mantra.

Everyone should make their own decisions, but I think buyers are still assuming that they will resell for more and the future purchaser will pay off their debts for them.

Same thing happens in all markets. Nobody wants to call the top because greed takes over. But they are very confident and quick to call the bottom so people start buying up again!

Great video. Thanks.

thank you!

Looking sharp bud keep it up

Markets themselves, sure all down in a buyers market but also less buyers with less money but more demand for the same housing-rigged. Wages are down and not increasing because of the influx of student visa contract workers and wasteful immigration and the carbon scam inflation, this country is doomed.

If you bought your home to live in, what do you care.
If you gambled in the house casino, you deserve to lose everything you bet.

Inconvenient Truths - you are great at giving them all on any particular subject in sub10 minutes. My go-to channel to know what the heck is going on!

Prices will need to hit 2014 prices are minimum to make sense in most areas, 2010 would make the most sense when compared to local wages. Government governments are rigging the markets by allowing massive amounts of migration, fake income documents and forgien buyers (only banned over the past 3yrs) moving drug money though housing, mark cohodes talks about the Chinese money.

Any word from The Catheter?

prices keep down down and down

You never own your home in Canada even if it's fully paid off.. miss forever tax payments they take your house you paid off and bought but never own. Canada has the highest fastest food prices in the entire world. People are piss poor now because of the governments. Everything went up in cost and wages are below poverty level, work full time still can't afford shelter and food.. it's modern day slave labour. and the suits laugh at you while they spend our money fine dining on private jets in the sky while we labour our lives away below so they can have fancy comfortable lives on our money, it's modern slave labour, working so much and not getting enough to survive.. slave labour.. People are fleeing Canada while they can.. nobody cares anymore about buying houses, the country has been destroyed financially on purpose by the federal and provincial governments/globalists. It's a shithole. Canadians are not living, they're barely surviving while the government takes and takes and wont stop taking, refuses to make their own money, only steals it from everyone at every angle constantly to fund their rich suit men lives. Living in Canada is a complete waste of humans short lives on earth. It's not worth fixing, it's too corrupt already. Get out while you can people. Life is too short to waste it on or in Canada.

Dont worry. Bailouts will continue. Money is unlimitted when youre a communist dictatirship.

Love when you call these media shills out.

Thru words they are saving 8% declines per month vs 10%. Only allowing 2% month over month buys more time. More time for our government to print billions of dollars which would revise these trends. How long would that hold? No idea.. probably not take years to correct.

"Temu Regis and Kelly" 👏😂

Every investor I talk to lately is waiting until the US midterms to decide if Canada is worth investing in.
I would assume real estate is the same.
If Trump loses the midterms the bottom of mid 2027 could be correct.
Polls today says Trump has a 9% lead in the Senate and trials in the house by 5%.
Toss up.

Good information Mark.
Pretty ridiculous ain't it ? from my own 'boo bird Bob macro analysis, in my view we're still a very long way( 15-20% anyways down) from any bottom of retail consumer median income support price discovery expectation for Canadian Real Estate generally, with some very disturbing so-called 'shadow' banking/financial market shenanigans ongoing that if known/exposed would absolutely shatter any remaining perceptions of 'free markets' for average Canadians.... let be faith/confidence in our banking/financial system/open objective media devoid of journalistic integrity.
I dare say..... the realization for many that we are truly only "FREE" merely to be a good little consumer and service ever greater cradle to grave Debt that is in essence no better than a Ponzi for accrued 'entitlements'.... may present societal ramifications.

Thanks for the update Mark! Have you ever thought about trying to do an interview with some of these talking heads? That would be an interesting video!

If I was interested in one of these new Condos, I would get these "Shadow prices" from the land titles records or Teranet Land Index which is created from land titles sales. The registration sale prices should be accurate unless someone is committing fraud or tax evasion.

Came for the memes. Stayed for the misinformation

Shouldn't "pent up demand" only be applied to ppl who don't have a home. Renters aren't really "pent up deman" are they? They have an option to just continue to rent...

how can they not disclose the sold price? isn't the prices in the municipal public records??? the mortgage is at least... another good one Mark, thanks... cheers

Jason murcers lisp is hilarious 🤣 i nearly fell out my chair laughing 🤣

0:41 very soon... any moment now... just about...

Sp/LP is a f*cking joke. Totally worthless statistic. Needs to be sp/ original LP, excluding all lowball list prices designed to create over bidding

Canada is not under recession, it is actually under depression under technical PM carney