EPISODE · Jul 20, 2024 · 8 MIN
🏦Bank of Canada: Brace yourselves for a financial crash
from Real Estate Podcast Show · host Paul Indrigo
➡️Did you know that Canadians have approx 80%+ of their wealth in real estate? If the market corrects quickly, that equity could be gone overnight. This is what happened to many in the 1990s Toronto real estate crash. It took over a decade for home values to recover. This is why many sellers are cashing in on the equity they've gained recently. I know this is probably a crazy question-but if you got a great offer, would you consider selling? Find out more via RealEstateWealthReport.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-podcast-show--6907081/support.PS Sign up here for the newsletter that 1000s across Toronto GTA receive each week.
What this episode covers
➡️Did you know that Canadians have approx 80%+ of their wealth in real estate? If the market corrects quickly, that equity could be gone overnight. This is what happened to many in the 1990s Toronto real estate crash. It took over a decade for home values to recover. This is why many sellers are cashing in on the equity they've gained recently. I know this is probably a crazy question-but if you got a great offer, would you consider selling? Find out more via RealEstateWealthReport.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-podcast-show--6907081/support.PS Sign up here for the newsletter that 1000s across Toronto GTA receive each week.
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🏦Bank of Canada: Brace yourselves for a financial crash
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