Housing affordability | Troika

The Globe and Mail: Developer sees a rosy post-coronavirus future

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Ms. Merrifield says the market will be driven by young professionals who held onto their jobs, who are renting or purchased a condo, and who’ve discovered that their money will suddenly go further. Middle-aged people looking to upsize will also see relative bargains.
“And with low interest rates, [people] will have buying power that they won’t have seen since probably 2009.

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THE NEW REALITY OF REAL ESTATE INVESTMENT

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If there’s one rule to financial success, it’s invest early and invest often. While most would assume that means putting funds into a 401K or stock, today’s reality paints a very different picture as to what investment means. Young, old, single, or married, people have recognized that real estate is king, and that your greatest return doesn’t just come down to the dollars and cents alone. It’s about finding a home that fits your needs now and the future that warrants it valuable.

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FOLLOW THE VALUES OF THE MILLENNIAL LEADER

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Millennials. They’ve tackled challenges with smart solutions, opted for unconventional lifestyles that favor experiences and set a new precedent for access over ownership. While it’s not that they are the only ones who value a sense of belonging, affordability, and smart technology. It’s that they’ve been the strongest force to disrupt norms and in uncovering what motivates us as a society. The shift has led to the likes of researchers such as David Allison whose work on ‘valuegraphics’ has proven age is irrelevant, and from one generation to the next, we’re more alike one another than ever before. Read More

3 TIPS FOR USING ‘THE BIG BC 3’ TO YOUR ADVANTAGE

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You’ve seen the headlines. Housing affordability is further out of reach than ever before. That sounds grand for the slim few taking advantage of this ‘buyer’s market’. However, it doesn’t fair well for the larger majority, who are qualified, and eager to secure a piece of the ownership pie. In a delicate attempt to re-balance the market, BC has introduced a few new laws every house hunter should understand. We’ve got you covered. Navigate ‘The Big BC 3’ to make home ownership work for you with a few easy tips.

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