Imagine someone saying to you "if you buy this house you will earn at least 25%, tax free" Why would that be?   The ability of people with US dollars to buy realestate now gives them at least a 25% advantage over people buying with Canadian dollars.  Regardless of what happens in the market they will always maintain that advantage.  In fact, it will only improve over time. This is what is driving foreign buyers to flock to the Canadian... [read more]

I have spent a lot of time lately discussing the merits of buying land and building or buying an already built home in a similar location.  Ultimately the decision comes down to three factors: Location, Time, and Cost (thanks to supply chain issues in 2021-2022) If you have time, as much as two years, between now and the when you want to move in then the custom build concept could work.  If you have less time, like one year, then you will likely b disappointed when... [read more]