How Do I Avoid Buying a Home Just Before a Crash + More — ‘The Situation’ Consumer Q&A - July 2023

It’s time for our monthly consumer Q&A, ‘‘The Situation’! As usual, Urmi asks and John responds to the detailed questions that real estate consumers across the GTA are asking us.

This month, John responds to a would be home buyer who worries about the unsustainable, bubble-like prices we are seeing in the Toronto area, a happy condo renter who is not as sure if she should buy and invest in a condo as opposed to a house and more.

00:00 Intro
01:27 I’m Worried About Buying a Home Now Given How Irrational Prices Are - What if They Crash?
26:26 I Enjoy Living in a Condo as a Renter But When It Comes Buying - is a House a Better Investment?
34:35 Should I Use my Investment Property HELOC or Cash to Buy My Home?

Prefer to listen? You can also listen to this interview on our Move Smartly Podcast: https://podcasts.apple.com/ca/podcast/move-smartly-the-podcast/id1443689534?i=1000619245834

Email us about your own real estate situation to be addressed in a future episode at: [email protected]

To book a personalized consultation with John Pasalis and Realosophy Realty: https://www.movesmartly.com/meetjohn

Feedback or questions about this channel? Email Editor Urmi Desai at: [email protected]

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