#212: Gary, Q & Christopher - Market Update, Inflation, BOC, Immigration & Debt

#212: Gary, Q & Christopher - Market Update, Inflation, BOC, Immigration & Debt

In this episode, Gary, Q & Chris take a deep dive into where we currently are, what are the year-over-year stats and just where we might be headed - 'Recession'?! Why is the market heating up? Multiple offers again? Tune in for how this is impacting your portfolio and what to do in the near future! Here are Gary's final thoughts on this episode: 

Buy real estate – best hedge against inflation (multiple skills)

Don't keep your money in the bank - Cash is trash, cash flow is king

Take action

Here are the links to the articles discussed in the podcast:

Market Update

Canada - https://creastats.crea.ca/en-CA/

Inflation 

https://financialpost.com/real-estate/mortgage-interest-costs-inflation-april

BOC 

https://www.theglobeandmail.com/business/article-low-interest-rates-era-over-macklem/

Immigration

https://nationalpost.com/news/politics/canada-welcomes-record-number-of-new-immigrants-2022

Bill 23 and Multiplexes 

https://www.cbc.ca/news/canada/toronto/toronto-multiplexes-housing-economics-1.6848643

 

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