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The -2.7% YOY change is for the period Oct 1-14.

Yep, that's what I meant - you cannot create a loss to apply to active income. Like all tax deferrals, there is some planning involved - i.e. the expectation disposition will be in a year in which income is substantially less.

TorontoMike's comments would be valid if you can apply a non-cash loss, such as CCA, to active income but, as far as I know, this is not allowed in Canada.

Finance 101 says when considering risk/return, you look at the beta of an investment, which essentially measures its volatility relative to the overall market. Higher volatility equates to a riskier asset and higher the expected return. Using the beta of any Canadian residential REIT as a...

Yes, the questionnaire has to be approved by the client, if that's what you mean but the numbers don't lie. I know this from first-hand experience ;)

I beg to differ. I think younger buyers are in many ways more informed than the generations before them. They know how to tap into the wealth of information that is the internet, in addition to the knowledge and advice of their real estate agent/family/etc. Case in point, I am in my late 20's...

Yes, OREA commissioned the survey but it was done independently by the leading market research company in the country. So any insinuation of "fudging" is misguided.

The Ontario Home Ownership Index Reveals Positive Expectations for Province’s Real Estate Market Thursday, July 10, 2014 Toronto, ON – While the average detached home is still the standard for prospective homebuyers in Ontario, many Ontarians are turning to the condo market for their future...

Why should they bother? Because that's how banks make money. In a low interest environment, they pay you less interest but they also get less interest on the money they lend out. I thought this is common sense.

Ironically, it is the collective attitude of the savers, both consumers and businesses, that are slowing economic growth by not spending/investing and thereby keeping interest rates low and asset values "out of whack".

Nope, not betting. Those who wait and try to speculate interest rate movments are betting. I bought because I needed a place to live.

http://www.theglobeandmail.com/report-on-business/economy/shifting-demographics-crisis-hangover-hitting-economy-poloz/article17540181/ "As a result of the aging population, the new normal for economic growth looks to be slower than in the past, Bank of Canada Governor Stephen Poloz said in a...

What do you know about Kingston/Hamilton/Kitchener? I know there is always a demand for student housing and I've seen ads on Kijiji for $350-$600 for a room near the campus or transit line. For a 4BR house, that is rental income of ~$2K. Carrying costs I estimate $1,200 to $1,500 a month...

Thanks for the insight. I am thinking 20% down on around $300K. Cash flow positive is a must. Any areas at the fringes or just outside the GTA you would consider?

Sorry to go slightly off topic but being a newbie, it doesn't seem like I'm able to start a new thread. I just started looking into buying a rental property after buying my first house but am undecided where or in what (house/townhouse/condo) to invest. I'm looking for the highest cap rate...

No one is arguing that rising interest rates won't have a dampening effect on demand but to speak of an imminent crash with any certainty is foolhardy.

I agree with this sentiment 100%. It's one thing to be cautious in light of market fundamentals but another to preach doom and gloom with such certainty when even the leading economists and analysts in the country are unsure what will happen. I feel a lot of doomsayers are trying to justify...

How do you like a post on UT?

I think the demand for single family homes stems from necessity (i.e. immigrant families, couples/families outgrowing their condos) not from fear of missing the bandwagon but I digress. Like I said, affordability is relative. Someone from an Asian metropolis such as Hong Kong or Beijing is not...

I don't pretend to know any more than anyone here but speaking to my own experience of looking for a sfh in the North York area last year, I would say that, at least in that subset of a subset of the market, demand outstrips supply greatly and any kind of a correction would be muted, I believe...