Browsing tag: Income properties
There was a time when putting deals together was a daily event for me. Going to the store didn’t require a list, I didn’t need to line up or pre-order on line. I could pick packages up and put them back on the shelf without thinking about it. Everything is different at least for now.
2019 will be about bidding wars. Monetary policy is easing. The cost of money will drop unless there is a global economic or environmental disaster. Money will stay cheap to protect stock markets. Government regulation such as the 2% stress test will be reduced or removed to protect provincial and municipal tax collection. Ontario policy
The heat is back. On January 4th, 2019 Federal Reserve chairman Jerome Powell announced low inflation would allow the Fed to be “patient” in deciding whether to continue raising interest rates… After the DJI Average dropped 20% due to investor fears over raising interest rates it looks like we are headed back to cheap money.