#212: Gary, Q & Christopher - Market Update, Inflation, BOC, Immigration & Debt
In this episode, Gary, Q & Chris take a deep dive into where we currently are, what are the year-over-year stats and just where we might be headed - 'Recession'?! Why is the market heating up? Multiple offers again? Tune in for how this is impacting your portfolio and what to do in the near future! Here are Gary's final thoughts on this episode:
Buy real estate – best hedge against inflation (multiple skills)
Don't keep your money in the bank - Cash is trash, cash flow is king
Take action
Here are the links to the articles discussed in the podcast:
Market Update
Canada - https://creastats.crea.ca/en-CA/
Inflation
https://financialpost.com/real-estate/mortgage-interest-costs-inflation-april
BOC
https://www.theglobeandmail.com/business/article-low-interest-rates-era-over-macklem/
Immigration
https://nationalpost.com/news/politics/canada-welcomes-record-number-of-new-immigrants-2022
Bill 23 and Multiplexes
https://www.cbc.ca/news/canada/toronto/toronto-multiplexes-housing-economics-1.6848643
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