The FREEHOLD Real Estate Market is Worse Than CONDOS

In this video I disprove the claims that the Freehold Market is doing fine while the Condo market is crashing. It turns out the Freehold market is just as bad or worse. I also show the latest bank sales statistics and provide another important update to my home buying recipe. #realestateinvesting #realestate #canada #housingmarket

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[MargaretWest-mu]

A key factor often overlooked is that over 25% of new homes are being acquired by investors, rather than individuals seeking primary residences. Even if Baby Boomers decide to offload their properties or more housing stock enters the market, it won’t alleviate the underlying issue. Wealthy investors will continue to absorb the available inventory, which will keep home prices elevated.

[kortyEdna]

I recently sold my condo for $400k and i want to invest the money in the stock market. However, it appears the market is at an all-time high. Should I invest elsewhere or wait for a market correction?

[lak]

'Twas the Cringe before Christmas,
And all through the house,
The realtors were trying
To trap buyers like a mouse.

Thanks for the laughs and sharp analysis this year! ☃️

[roberthodgins]

Merry Christmas Jon. Thank you for giving us an honest critique of the reality market.

[IamJonny-ov]

More immediately than a collapse in the stock or real estate markets, inflation directly impacts people's standard of life. It is hardly surprising that the present market attitude is so negative. If we are to live in this economy, we are in dire need of assistance. ETF and stock markets are still unpredictably volatile, just like the housing market. My $350k" portfolio has been reduced to rubble.

[karanbirshah]

Merry Christmas and happy new year to Jon and to all his subscribers🎉. You always sail against the wave and that's your strength. Thankyou for sharing insightful content always.

[davidmarshall]

I have clients so optimistic on the market given the recent rate cuts but the employment numbers are concerning, especially when you separate the public and private sector

[ericbergman]

Freehold properties require more maintenance and upkeep, which can add up. On top of that, they’re not as liquid as condos. If you need to sell quickly, it can be a lot harder to move a detached home compared to a condo.

[mikekovacs]

For Erskine-Smith, I'm sure it had nothing to do with the $96, 800 pay raise a cabinet minister appointment comes with...

[WilliamsJoy-tq]

Warren Buffett once said to treat investing in securities like real estate—you don't constantly check for gains. So, the recent bitcoin price drop doesn't bother me. I keep dollar-cost averaging and adding to my position, and I'm up 200% year-to-date because of this strategy.

[eh-jay-music]

Good stuff as usual JF, I trust your perspective and your transparency, honesty and integrity continues to promote your videos (IMO). Thank you and Merry Christmas.

[doloresbeavan]

Merry Christmas to you and your family. Thanks for all the great info over the year... Cheers

[gskills]

Merry Christmas. Thanks for the Canadian Data

[philip]

Merry Christmas!

Man our local Calgary boards keep calling for 5% increase next year, wishful thinking at the most on their part

[QuantFlowInvest]

Thanks for the update Jon! Merry Christmas!

[inder]

If you notice the peak in detached went substantially higher, so comparing both to their own peak rather than overall peak does not paint a clear picture. Additionally Real estate priced in gold as well as S&P would make for interesting comparison.

[datruth]

The issue with the condos and the appearance of them holding their values is that none of the shoebox condos are selling, only the quality 2 and 3 bedrooms or more. Albeit, at much lower valuations.

If the shoeboxes were selling they would drag down the whole condo market by about $200, 000.

We're not seeing the real value of the housing market as the lower end isn't selling and the higher end is selling for less. A person who can afford these rates or can drop cash isn't buying a low end townhome, bungalow or semi detached.

[InvestInFrench]

Love your Christmas tree lol Thank you for the hope of Freehold falling, love it! Merry Christmas to you and your family🎄

[stevecarter]

As long as minimum wage workers are fed the lie of home ownership we will always have a problem.

[Atomb]

Merry Christmas Jon. Thanks for all your hard work and content.