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Monthly Archives: February 2012
Anatomy Of A Boom
Real Estate is a local market, dependent on the local economy. Real Estate, when left alone, is the most pure capitalist market known. It is almost totally a supply-demand market. When there are too many houses for the local economy and … Continue reading
Posted in investment, real estate, valuation
Tagged boom, bust, local market, market timing, rents, value
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What’s the Difference?
There was a Real Estate meltdown in the US recently, and many people in Canada expected the same thing to happen here. There are a variety of reasons it did not, but they fall under two general categories; their system and … Continue reading
Posted in equity gain, investment, real estate, valuation
Tagged bank, foreclosure, government interference, recession, regulators
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How Money is Made in Real Estate
Money is made in Real Estate by owning it. When we buy a property, usually we put up a down payment and take out a mortgage to pay the balance. We pay on the mortgage as long as we own … Continue reading
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The Five Year Plan
The joy in Real Estate comes when you own it outright. That’s when it really pays off. You probably will have had some shielding from higher rents in the meantime, so some benefits, but from now on you only pay taxes, insurance, maintenance and … Continue reading
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Why We Buy
Most people don’t analyse their Real Estate buying decision on the basis of numbers. For most people, the only Real Estate they ever buy is the family home, and they buy on the basis of emotional appeal and practicality; do they … Continue reading
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