336 –  What's Going on with Real Estate in 2021? | Should you buy now? With John Pasalis

336 – What's Going on with Real Estate in 2021? | Should you buy now? With John Pasalis

Author: Doug Hoyes February 6, 2021 Duration: 33:48

ohn Pasalis, President of Realosophy Realty, makes his first appearance on the podcast, and he tells us that, even though unemployment is high and we are in a lockdown, the real estate market is "on fire".  Why?  Is government policy deliberately inflating house prices?  When will this boom end?  Is now a good time to buy?  Or rent?  All that and more. Enjoy!

 

Time Stamps:

 

2:05  What's happening in the real estate market?

3:55  How is it possible that the economy is in lockdown, unemployment is high, and real estate prices are "on fire"?

6:15 More people are working from home, so we understand why single family homes are going up in value, but why are downtown condos also holding their value when everyone has abandoned the city?

9:00 Is this boom different that the 2016/2017 boom?

11:30 Do governments care that real estate prices are going up?  Will they do anything to cool the market?

16:45 Are we approaching buyer fatigue?

17:45 Should I buy a house now?

20:40 How some purchasers in 2017 lost their entire investment

22:17  When will the boom end?

24:45 Condo sales prices have dropped slightly, but rental rates are down significantly.  Why?

27:00 Is now a good time to rent?  Advice for renters?29:00 John's advice for dealing with market hysteria

30:00 What will be the signs of the end of the real estate boom?

Related Links:

Realosophy Website: https://www.realosophy.com/

John Pasalis on Twitter: https://twitter.com/JohnPasalis

John Pasalis' YouTube channel – Move Smartly: https://www.youtube.com/movesmartly


Doug Hoyes sits down each week with a different specialist to untangle the complicated feelings and hard numbers around owing money. The conversations in Debt Free in 30 move beyond simple scare tactics or dry theory, focusing instead on actionable strategies for managing debt, rebuilding savings, and making informed investing choices. You’ll hear from trustees, financial planners, and counselors who explain concepts in plain language, stripping away the industry jargon that often leaves people feeling overwhelmed. Whether it’s navigating a consumer proposal, understanding credit scores, or starting to invest with a tight budget, this podcast provides a clear-eyed look at the steps toward financial stability. Doug’s approach is grounded and pragmatic, reflecting his deep expertise in the field, making each episode feel like a direct consultation with a knowledgeable guide. Tuning in regularly offers a consistent source of demystified advice, turning what can be a stressful topic into a manageable process. It’s that blend of expert insight and relatable conversation that defines this particular personal finance podcast.
Author: Language: English Episodes: 500

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