Private Mortgages, Inventory Trends & The Truth About The Recent Employment Report
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Private Mortgages, Inventory Trends & The Truth About The Recent Employment Report
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About this listen
In this episode of The Green Effect, Stephen Green breaks down the current realities of the Canadian mortgage landscape. We dive deep into the often misunderstood world of private mortgages—exploring the high risks and potential rewards involved.
We also unpack the latest market statistics for nearby Ontario regions revealing why understanding your local trend line is critical whether you are buying or selling. Plus, we discuss a major hurdle facing the economy: youth unemployment and its long-term impact on the housing market.
Finally, we tackle the topic of generational wealth, offering strategies for parents looking to support their children in purchasing their first home.
In this episode, we cover:
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The Private Mortgage Trap: Why you need to mitigate your risk.
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The Stress Test: How it currently impacts your borrowing power.
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Market Watch: Detailed real estate stats for Waterloo and London / St. Thomas.
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Generational Wealth: Practical advice on how to help the next generation enter the property market.
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Job Market Impact: How unemployment rates are shaping housing trends.
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