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|
Millionaires Rank in the World Click
-
Canadian Millionaires
rank #2 by population in the World. Where they live?Click here
- Get updating latest data of The million-dollar-plus price Club.
- The Canadian Millionaires' Club.
-
How BIG is your Dream? How BIG is your Canadian Dream?
Click
here.
(Update: Jan, 2021)
-
Become A Millionaire. Can you dream BIG?
- Click
here.
(Update: Dec, 2020) -> "Explain why Toronto Home
has paid already salary 150,000$ / year for 20 years" - Says A
Scientist Professor - " It doesn't matter
How Much you Make.
How Much you Have
that counts". For Example, you
made 50,000$ / year. But after spending, minus for Tax + Rent + Food + Car + Insurance, Phone, Living Expensive, Child
Care, Travel, Debt... You Have 6000$ /
year that counts. 6000$/year as example depends on each person
spends. But you have to pay Tax, Rent, Food, Phone....
- Toronto Home
Latest Summary Data for whole year 2020 in New
Year Jan, 2021 -
Click Here
-> Update Summary Home Data 2020 in COVID-19 across Canada (Jan 20, 2021).
Vote for The Winners based on Data not
Mouth. Most Sales, Most Profit,
Most Demand, A Million Dollar Home ... - Invest Real Estate in Toronto
Home Market for big profit.
Don't love cheap. You Gain nothing. - Why?
- A Millionaire Plan - Update Feb 12, 2021 Click here. - Toronto Home Market February 2021 -
New Year 2021 Beginning Home Data of Jan 2021 -Click here -> See Calculation.
Click - Update
Feb 28, 2021
- Toronto Home Market August, 2021 -
Click here Latest Update Aug 8, Aug 10, Aug 11, Aug 12, Aug 15, Aug 17, Aug 20
- Toronto Home Market September, 2021 -
Click here Latest Update Sept 14, Sep 21 update Election 2021
- Toronto Home Market October, 2021 -
Click here Update Oct 6, Oct 9, Oct 14, Oct 16, Oct 17, Oct 27, Oct 28. 1) Why
Sales Down but Price Up? 2) Ave Price & Salary Buy Home in 51 US States
- Toronto Home Market November, 2021 -
Click hereNov 7, Nov 10, Nov 15, Nov 29.
- Toronto Home Market December, 2021 -
Click here Update Dec 6, Dec 9, Dec 13, Dec 17
(Toronto Home Price reached 1st All-Time-High)
Data for Month Nov, 2021 -> Income or Salary = 100,000$. Deposit: 100,000$.
More Deposit better Loan. Reduce Interest Payment. -> 1) How Much Home Price You Can Afford
by Bank, Monthly Payment? 2) For
Home Price = 1 Million
Dollars, What Bank Required for
Salary + Deposit?Click Here.
-> 3) Why Buy A
Million Dollars Home, not cheap Home. 64K
Question? - Because Big Profit Return.
Real Estate is about Leverage
(Loan Money Borrow from Bank with cheap Interest Rate).
Bigger Leverage is Bigger Return = The Power of Leverage
-> Become Millionaire fast.
Why? The Power of A
Million Dollars Home. Big Game. Big Money.Click Here.
- Toronto Home Market January, 2022 -
Click here Update Jan 12, Jan 16, Jan 17, Jan 23, 2022. Home Data for
month Dec, 2021, End of Year 2021
- Toronto Home Market February, 2022 -
Click here Update Feb 7, Feb 10,
Feb
15, 2022 (Data For Jan 2022,
Beginning Year 2022, Toronto Home Price
reached 2nd All-Time-High)
1) Why Sales fell But Price
Up? 2) Why Toronto Home Price Ave A Million Dollars Home, But still a
lot Demand? 3) Most expensive Home,
Ave A Million Dollars Home
in Canada and the World? 2)
Why it takes Salary
200,000$
working hard 25 years to Save just for Deposit (Down Payment) to Buy Home in
Toronto, Vancouver. Source:
National Bank
-> Answer in Important News this Blog Feb, 2022.
3)
Today Buy Home different. Lending money, Bank wants your Info1) Salary 2) Deposit 3) monthly
Expense
4) Amortization? How much Salary?Click Here - Toronto Home Market
March, 2022 -
Click here
Update March 8, March 10, March 12, March 17, March 19, 2022. Headline
This March: 1) City Toronto's Detached reached Ave Price
2M
($2,073,989) for 1st time in history. Surpass Vancouver.2) Bank Canada raising
Interest Rate +0.25% to 0.5%. 3) Top 6 biggest Cities Canada
4) You Buy A Detached 2.0M, or Semi = 1.5M in City Toronto,
Pay off 25 years ->
See How much you pay monthly?
=> After
10y, 15
years
you become Multi-Millionaire because Home increases over 10y, 15y,
Detached =
5M,
Semi =
4M
possible.
For sure 100%. Not 90% Start-up fail just few years.
Ask: If you don't Buy Home
in Toronto, would you become Multi Millionaire
(4M, 5M)
after 10y, 15 years? Or 100 years, Generation to Generation work hard still
Poor.
- Toronto Home Market
April, 2022 -
Click here
Update April 6, April 12, April 13, April 14, April 23
.
=> Understand Monetary Policy of Central Bank and
Interest Rate to Curb (fight) Inflation from Economic perspective. - Toronto Home Market
May, 2022 -
Click here
Update May 7, May 13, May 14, May 17, May 21, May 30
.
=> 1) What is happening to Home Prices since Interest
Rate rising from 0.25% in Feb 2022 -> 1.0% now? - 2) Why Home Sales Down
but Home Prices not Down? -> A 64K Question. - Toronto Home Market
June, 2022 -
Click here
Update June 6, June 8, June 12, Jun 13, June 18
.
=> Become A Millionaire. Join in Canadian
Millionaires' Club, your biggest Dream. How? - According to National Bank:
Need Salary or Income 250,000$ / y
work continuously 20y. See Blog.
IMPORTANT NOTE: After Click Here
jump, you click back arrow <--
web browser top left corner to come back. The Wealth
Effect Theory.
Click| Author: A Canadian Scientist Professor.
Life Experience: 30 y in City Toronto.
-> Started Life = 0.
Alone, Self-support, No Privileges, Study, Make Ends
Meet in big City, which helps him understand School of Life complicated Ups
and Downs like
Roller Coaster Rider.
-> The Wealth Effect Theory
is Help people Make Good Decision, Make People Rich, Wealth. Become
Millionaire, Multi-Millionaire.
->
Add Theory #13: What
isCategorized as
A Million Dollars Home,
andThe
Power of A Million Dollars Home?
(update Dec 2021, 25 y Amortization,
Pay Off A Million Dollars Home)
-
A Home is Categorized as
A Million Dollars Home
when
its
Ave Home Price >= A Million Dollars.
Less than 5 Cities in tens of thousands Cities the World
have Ave A Million Dollars Home -How can we estimate that A Million Dollars
Home in Toronto will double in 10 years?- We proved exactly.Click Here.
(update Jan 2, 2022) - 1) We use Einstein's
Rule of 72 to estimate how long for an investment to double. 2) We also know
Annual Rate of Return or Home Price Application in Toronto.
- Is it high price?
- Home Price
already high 20 years ago. Theory #
12.
Click here.
2) Can We Afford ? Theory #8
Click
here
-
NOTE: A Million Dollars Home is Ave Home
Price >=
A Million Dollar Home not Home Price >=
A Million Dollar Home.
Both Price different.
- Every City in the World has Homes with Home Price >=
A Million Dollar Home.
But less than 5 in thousands of Cities with large population have Ave
Home Price >=
A Million Dollar Home - To have A
Million Dollars Home,this City must
have 1) Large Population of Millionaires, hundred of thousands
2) A lot of Elites
=> So that they can support the Demand and continue
the growth of A Million Dollars Home. See
Theory #8 Wealth creates more Wealth.
Click
here
=>
A Million Dollars Home,
most expensive Home in Canada and in the
World, less than 5 Cities in the World have
Ave Home >= A Million Dollars:
(update Jan 17 2022)
1) Detached Home in Vancouver Ave Home Price
=
1.91M
(#2nd in the World). 2) Detached Home in City of Toronto Ave Home Price =
1.81M
3) Detached Home in GTA Ave Home Price =
1.56M.
4) Semi Detached Home in City of Toronto Ave Home Price =
1.43M
=> Home Owner of A Million Dollars Home over 20 y, Buy Home with Deposit at
least 20%, you are Millionaire.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First
Top 5 Have
Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen
7) Los Angeles 8) New York City 9) London 10) Paris
-
The Power is: 1)
After 20y you Become Millionaire even Multi-Millionaire,
because
A Million Dollars Home
increases BIG value after 5y, Double 10y.
2)Big Profit (ROI). - Toronto
Ave Price = A Million Dollars Home
-> Become Millionaire. Play Big Game.
Big Money ->25 y Amortization Pay off.
How? What You Need?
Click Here.
=>Buy A Million Dollard Home.
Like Big Investors buy Stock big Price
like Google 2,910$,
Tesla 1,137$-> Big Price Return Big Money Big Profit.
=> Theory #13.
Easy way Become Millionaire
-> Just Live in
A Million Dollars Home
-> Guarantee 120K / y Salary. Theory #5, #6.
After 20y Become Millionaire, even Multi Millionaire.
=> Or Have Salary
200,000$ -> Work hard for 40 - 50 years
Become Millionaire. Theory #6. A Story of
Professor
->
People poorbecause
lack of Knowledge and Data.
->
Theory #9 ?
Interesting Click Here -
Theory #6
-> A Story: Professor Salary 120K - 150K after 20y working hard. Data
by National Bank
->
Theory #8:-
Wealth creates more Wealth.Click
here
- 20 years ago, a person in City Toronto very high Salary
(>= 50$/ hr) at least
100K bought 1 Detached Home and 1 Semi
Detached Home with high Deposit 30%
- How big is 100K Salary today?It is big. Today Canadian Public Employees or Government
Employees in Public Sector have Salary at least >=
100K or 50$ / hr will be on so called "Sunshine
List".
-
How Much Wealth did he generate after 20y?
(Theory #8) - You must live in industrialised developed countries
like US, Japan, Europe, Canada, big city
Toronto at least 30y to Understand.
-> Why go back 20y? -
Because Home Price 20 y ago
in City Toronto, so cheap,
Ave Price = 220,000$. Today
1.1M increased 5x, Detached
1.9M, Semi Detached:
1.5M.
What kinds of Canadian Home Owners are Home Made-in Millionaire?
- Home Owners 'sHome Ownership
or Buy Home at least
20y
and Buy Home at least
20% Deposit. Which is applied for
only Home Owners
of "A Million
Dollars Home".
They are: 1) City Toronto's Detached Homes
1.9M and Semi Detached Homes
1.5M. 2) GTA's Detached
Homes 1.7M.3) Vancouver's
Detached Homes 1.91M ->
You are Millionaire.
- Buy Home less than 15 years
since 2007 still Bank's Home, still
continue pay mortgage extra 15 years. Because most
people Buy Home contract pay off 30 years, Deposit less than 20%. Unless having high salary >= 100K
like Professor, Doctor.
Millionaire
= All Assets of Home (90% asset) + Car + Cash +
Bank Account + Jewry + Gold ...
-All Debts
of Mortgage Debt (biggest) + Credit Card + Student Loan + Car Loan +
Debts.. => Don't Forget Debts honestly.
=> You bought A Million Dollars
Home in Toronto at least
20y (1999-2000) ago with at least
20% Deposit =>
You are Millionaire. You bought
Home since 2010, still need extra 20y to pay off Mortgage
Debt.
Almost self-made Millionaires started
life = 0, self-support. No inheritance.
Vancouver, Toronto are Canada's
Millionaires Club of Million Dollars Real Estate. Only 5 Cities in
the World have Ave Home A Million Dollars.
Update
March 6, 2022 What is Ave A Million
Dollars Home? Its characteristics:
Home Price Ave A
Million Dollars Home is different with Home Price >= A Million
Dollars. Every City in the World has Home >= A Million
Dollars. But only 5 Cities in the World has Home >= AveA Million Dollars Home.
In Canada has 4 types of Home are categorized as A Million Dollars
Home. Which are:
1) Detached Home in Vancouver 1.91M
2) Detached Home in City Toronto 1.9M 3) Detached Home in GTA 1.7M
4) Semi Detached Home 1.5M in City Toronto.
Those types of Homes
before Covid-19, 2019, were already >= A Million Dollars Home .
1) Big Price -> Big Profit, Big Return on Investment (ROI),
Faster For example; Home like Stock, Big
Google Stock Price 2600$ (March 6, 2022).
1 year increases 10% = 260$. 1000 shares Google, return
profit (ROI) = 260,000$ /y. While a
Stock Price 30$ increases a year 10% = 3$. 1000 shares, ROI =
3000$ / y. Thus,
A year Google Stock return =
30$ Stock return 86 y. For example;
Only A Million Dollars Home Return
Big Profit in 1 year more than Detached Home in Texas, Ave =
247,210$,
Florida Ave =
297,390$
return in 30 y. In 2022, Detach Home in City Toronto return
$389,916
in 1 year.
2) Ave Return of Toronto's A
Million dollars Home every year in last 20y: 6% -> 10%. Translate to
Salary of 120,000$ -> 150,000$.
See The Wealth Effect Theory
#5, #6.
Click here
=>
Click
back arrow <= Top Left of web browser come back here. For example;
Home Data Jan, 2022 is Data of whole year
End of Year 2021,
City Toronto Detached Home returns
15% = $223,242
equal to Salary =
$400,000,
City Toronto Semi Detached
16%
= $182,321
equal Salary =
340,000$,
after minus Income Tax.
->
See Data of Jan 2022
Last Month Feb, 2022,
Toronto Home returns even bigger Profit
Up 19.2% Profit = $305,013
=
Salary 600,000$
after Income Tax.
->
See Data of Feb 2022
3) Home Price Double in 7-8 years. It has been proven.
4) Easy to become Millionaire, multi-millionaire.
Just live in A Million Dollars for at least 20y.
-
Warrant Buffet said: " If
you don't find a way to make money while you Live or Sleep. You will
work hard until you die."
People poor because lack of Knowledge and Data.
Being poor can't help yourself, family,
friends, charity.
Today, society, job, home, car, hand bags,
phone ... every thing needs money, is measured by money.
Not mouth.So that you can see the difference value.
Otherwise not fair, blind, because good as same as bad, 1
Million Dollars Home as same as 100K dollars Home, 5$/ hr Job as
same as 100$/ hr Job.
Naive people, no brainers believe so, the same.That's why we use Money, Data to measure in order to see the
different value.
Having at least $100,000 dollars will tell people you are OK,
middle class.
People poor because they think money is not important.
In US, average Home Price 350,000$. With $50,000, you can buy 1 home
deposit 10% = 35,000$, pay off 30 years + 2 cars, each deposit
8,000$ pay off 5 years.
Thus $50,000 = 1 Home + 2 Cars. I also Have Home + 2 Cars. So what is the problem?
See: True Story of 4 Friends.Click
Here
=> Only A Million Dollars Home Return
Big Profit in 1 year more than Detached Home in Texas, Ave =
247,210$,
Florida Ave =
297,390$
return in 30 y. In 2022, Detach Home in City Toronto return
$389,916
in 1 year.
Scientist Professor D.Dang
After graduated from prestigious McMaster
University rank#4 in Canada, He started career as Professor in City
Toronto. The beginning of change 20y ago from Poor Minimum Wage,
Factory Worker 5$/ hr,
800$/ mo, 9,600$ / y
@ 20y ago when Ave Home Price
220,000$
(now minimum wage
15$/ hr, Ave Home Price
1.25M)
to Scientist Professor
50$/ hr,
110,000$ / y,
including vacation pay, compensation, overtime, bonuses,
benefits.
He overcame a lot difficulties, challenges, and loneliness to advance career from
a Factory Worker to a Scientist Professor. His
110,000$ Cheque
Currently, he lives in City
Toronto.
=>
People poor because lack of Knowledge and Data.
A Toronto Home Owner said:
"-
That is why Scientist Professor D.D is pleasure to Explain and Make
sense of Data for you. He shows us
see far
Housing, Properties,
90% Asset of Middle Class,
from Local City Toronto, GTA include Map, to Vancouver, to
other Canadian Cities, Provinces, then far Global to US, Europe (Click
here), to the World.
Then his
Data Collection, Data Analytics, Data Calculation, Real Profit/ Lost
(up 20%, how much?),
Historic Data, Real Life Story,
A Million Dollars Home, The Wealth Effect Theory
...
opening our common eyes. We need Scientists are trained, make sense
of Data became real, interesting, understand. Or else our common
eyes see Data like dummy Data, like Mouth than Data. We have more
Data than any online Media.".
Update
March 11, 2022
Click
back arrow <= Top Left of web browser come back.
How much Asset do you have now?
-
If you already have Asset more than
100,000$, you are a middle class.
Congratulation.
1)
To know a City
that produces a lot of Millionaires, Scientist looks at Ave Home Price >= A Million Dollars Home.
Obviously Grade 5 can understand, because 90% Asset of Middle
Class is Home.
2) To Know a Person's Wealth, Rich
->
Look at Home (has or not) and Ave Home Price that
location.
Don't look at "Mouth", Clothes, Car = 0 after 10y, Cash, Phone, Hand
Bags,
Body,
Diamond, Photos, Mouth Blah Blah... People have Home 10y since 2010, still 20y more
pay off.
See: True Story of 4 Friends.Click
Here
See: Ave Price
&
Ave Detached Home
or Single Family Home in 51 States in US 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
3) To become Millionaire,
you must have Income or Salary at least
200,000$/ y,
and work continuously
40
years.
Do you have that Income or Salary, and working 40 years in order to
Become Millionaire?
Source:
National Bank says that: "Even
you have Salary or Income
200,000$/ y,
you must work
25 years
just enough Saving for
Down payment
or Deposit to Buy A Million Dollars Home in Toronto."
-> Thus to Become Millionaire may take 75 years saving with Salary
200,000$.
See:
The Wealth Effect Theory #5, #6. A Professor' True Story
Click here
=>
Click
back arrow (<=) Top Left of web browser come back.
Back to school learn Data Science. Data speak the truth. Scientist used Data to prove
Right or Wrong scientifically. CANDO
= Collect
Data, Analyse Data, Normalize Data, Design Data, Organize
Data.
You can also learn Data and Database: Collection, Design,
Analyse, Management, Programming from
Net.Office Database, designed and built
and written manual by Scientist Professor D.D from left hand
side this website.
Net.Office Database:
The 1st kind of Database that contains Photos, 1st Photo
Database on market.
=> You apply this knowledge of Data Science into your
Company, Business in order to manage information better.
Honesty #1.
A Scientist has proved that the same money you down payment
or Deposit 20% to Buy Home in Toronto (detached or Semi Detached) 20
y ago, would have Return On Investment
2x
more than same money you bought "good" Google Stock, And "keep it"
20 y ago. You also have a Home to Live, not waste money for Rent,
not worry Stock Market ups/ downs, painful wait for stock come back.
In last 20y
Stock big crashed
twice in 2000 (Dot.com bust, crashed) and 2008-2009 (Financial
Crisis bubble crashed), not including many times
Stock mini-crashed.
Speaking in his own experience.
=> A Scientist Professor applied
his background as Data &
Computer Scientist + 30 years real Life Experience, Grow Up
young, Live, Study, Make Ends Meet in Big City Toronto, his
Home Town.
Ave
Detached Home or
Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/=>This
helps people want to Buy Home in US from cheap State to expensive
State.
- You need Saving Money =
35,000$ for 10% Deposit Pay Off
30y, because Ave Home Price around 350,000$ most States of Detached
or Single Family home, like Texas, Florida, Minnesota, Virginia ...+
Plus Salary 50,000$ =
Salary of 2 Factory Workers ->
American Dream Home +
Car possible. NOTE:
- Since April 2022, Interest Rate rising, US, Canada, and many
countries in the World, Housing Price has fallen, or flat, cheaper
than the housing Price you see as of August 2021.
Global News:
" Vancouver,
Toronto are Canada's Millionaires Club of Million Dollar Real
Estate.
Financial Post
:
"The
million-dollar-plus price Club
" To
qualify :" Vancouver, Toronto Home
Owners Buy Home Detached or Semi Detached at least 20yago since 1999-2000
with at least 20% Deposit -> You are Millionaire in Canada's
Millionaires Club.
Welcome to The Canadian
Millionaires' Club.
If Buy Home since 2009-2010 and live in Vancouver, Toronto, you need
working hard 20y more to pay off Mortgage Debt, and to join
in Canada's Millionaires Club for 20y later."
-> Theory #7:-
90% of a person's Asset, Wealth is Home. Why? -
Every thing lost value, money, car by
Inflation, after 10y Car = 0, Rent = 0. Only Home increased value.
That's why people Buy Home.
- Since started career: At least 10 y Saving for Home Deposit, in Toronto
25 y Saving Deposit with Salary 200,000$ + 30y pay off Home = All In Money
40y for Home. (Theory #7 update Nov 24, 2021)
-> Add Theory
#10: Don't Believe TikTok ...- Add Theory #11:
A Million Dollar Home?
-> Add Theory #12:
Why Home Price was expensive already 20 years ago? ->
Old Question back 20y ago.
-> Add Theory #13:
A Home is categorized as
A Million Dollars Home
when
its
Ave Home Price >= A Million Dollars.
Like Detached, Semi Detached Home in City Toronto.
Since
Ave Home Price
is used to compare fair, accurate Home Price between Location, City,
Country, Global. - Why
A Million Dollars Home
does
not happened to other Locations, Cities, Countries in the World?
This tells that this Location has a lot of customers as Rich
Elite Millionaires who
can afford
A Million Dollars
Home so that they are pushing its
Ave Home Price >= 1-Million Dollars.
- A True Story of Four FriendsClick Here:They
live around the World in City Toronto, Ottawa, Texas, California. After 20
years 1) How Much their Asset?2) Who became Millionaires?
. NOTE: Scientist used "Official
Data" is Ave Home Price to
Calculate, Measure and Compare Home Price at any Location, Global for
fairness, scientific Data, accuracy. Not Mouth Data.
-> 3) What lessons do you learn?All
Data used are "Official Data" in 2021. Problem of
Mouth Data from 1st person = Mouse -> 10th person =
Elephant. Not Official.
-> Ave Price
and
Ave Detached Home
or Single Family Home in 51 States in US 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
- Toronto Elite can afford Home in
Toronto. Who are they? Click
here A person is Elite if He/
She has 1) Wealth at least a Million
dollars, Millionaire 2) Educated Unv
Degree 3) Salary at least 100K or 50$ /
hr.
(past or present) Why Salary at least 100K is considered Elite?
- Because today Public Employees or Government Employees have Salary
at least 100K or 50 $/ hr on "Sunshine
List".
For example;A
Millionaire Politician, A Millionaire Doctor, A Millionaire Professor, A
Millionaire Scientist, A Millionaire Business Leader is "an Elite".
It must hold a disproportionate
amount of Wealth,
=>
The Art of Sales:
You want to sell high end price
of Rose, Car, Home,
you have to find high end customers who can afford high end price.
But if you will not find many of them where you live. Depend
on Location. => Then you must reduce high end price to low end price in order to sell
to low end customers.
Thus Home Price Expensive or Cheap or A Million Dollars Home or A
Million Dollars Rose does
not depend on
Big Home, Small Home, Beautiful Home,
Beautiful Rose
=>
But depends on Location where there are high end customers, Millionaires,
Elites who can pay high end price,
A Million
Dollars Home.
The Wealth Effect Theory
->
People poorbecause
lack of Knowledge and Data.
->
When still young, only 10 years 29 ->
39 should focus to Make Big, Make a lot Money. Data said most young
people have car, condos, home, a lot of money, Millionaires in 29 -
39.
IN 40S VERY HARD TO MAKE MONEY
- If any correction, we fix and let people know. Any comment,
contribution, correction, send email to Blogger at:
NetthruOffice @ gmail.com - Subject = Blog
August ... "
This Blog by designed not only updates you Data of Home, but also helps you
understand Property.
We, Professional Scientist, tell the fact
based on Data. It may make you feel Like or not Like. We
don't use Data to make people happy. We don't work like that
against morality of a scientist, like Doctor. You can contribute by
sending us email. We will fix it. Any information you don't like or may
effect you, email -> We will remove right away, even correct. "
What Office software
can do but not other software?
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COVID-19 is a big failure.
One Office App runs on All 5 x Devices:
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like Samsung Galaxy 5) Windows Laptop.
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As you see the cost to build 4 x extra App = cost support & maintain
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Office Order Management
OOM:
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15, 20 orders on List from WHERE the driver's location.
Save Time & Direction of Delivery.
-> The shortest distance always changed and
updating after each delivery and depend up-to-date
location of driver. Human can't measure. Most Drivers can't find the
shortest distance relying on their experience guessing when on the
road. Very complicated software algorithm.
OOM Calculate:
Total Sales, Detail of Sales, Products, Detail of Order, Date & Time
of Orders... / day / week/ month.
See top button
[Office Slide Show] - OOM can always fix error in
Orders after taken. From OOM
Action =Edit, Print receipt,
Email, OPay = Pay by Pay Pal (one click
Office Pay send Pay Pal to email
this customer)
Contact Office: We deliver Office software thru local Consultant
world wide. They are also professional software
Developers. So that they can help you
Modify, Technical Setup, Training. Contact your local
Consultant. Contact:netthruoffice @ gmail . com ->
Must have Subject :
Investor or Customer. All in-one Office for
COVID-19.
We give away 100 Office software to businesses
that are affected by COVID-19. Total value around 250,000$. A business owner said:
- COVID-19 affects alot on small businesses.
Today, we need to be smarter :
"Smart business, Digital, fast &
efficient, large scale, reach out customers every where online,
in-store, mobile" in order to
survival in new normal COVID-19 Social Distancing. Office helps us
to manage smart business better
online, in store, pick-up/
delivery, In store Order, Online Order, Cashier Register, Order
Management, Mobile Order, E-commerce OrderAll-in-one Office System.
Good bye Cashier Machine only doing Cash
Register.
SUPPORT FOR EARLY-STAGE BUSINESSES " - We've
heard from a number of start-ups and tech firms that are unable to
access support programs because they don't yet have revenue or are
in the early stages of development and are particularly vulnerable
to the impacts of COVID-19. Innovative, early-stage companies that
are unable to access existing COVID-19 business support are now able
to apply for funding under the National Research Council of Canada'sIndustrial
Research Assistance Program. " This
message from a MP (Member of Parliament Canada) we want to share
with start-ups, early-stage companies. - Canada opens to Canadian
Scientists of all kinds of backgrounds, and provides them same
access to equal opportunity, and their contribution to society.
- Office Mobile, Office Mobile Commerce
Take order in store, out store, online & Cloud Print receipt
- Office Take Order use Tablet, iPad.
-> Server need to clean
carefully
tablet's surface, whole Tablet. Clean
every page of Menu, paper, after customer used for next
one. Else not safe for both
staff & customer. A lot Time.
->
Phone better.
- New Reality Pickup & Delivery
- Office Mobile Order = Drive Thru
& Office Order Management
to order & Manage Orders. New
realityCustomers don't want in
store, Social Distancing, which creates
Smart Business ->
All-in-One Office.
A big dummy Computer Cash Register
*Stand alone* -> Can park into a Mobile
Cashier smartphone
-
[Office Slide Show]
-> Big Dumb & Useless NOTE: Need smart Business, smart
employees to adapt in COVID-19 time. Else no profit, no
safety.-> Only the smart
business can survival
------------------------ - All-in-one Office:
Mobile Order, Tablet & Mobile Cashier, E-Commerce, Office Card,
Self-Order, Office Order Management, Cloud Print, Pickup/ Delivery,
Shortest Distance, Multi-Devices ...
Global News:
" Vancouver,
Toronto are Canada's Millionaires Club of Million Dollar Real
Estate.
Financial Post
:
"The
million-dollar-plus price Club
" To
qualify :" Vancouver, Toronto Home
Owners Buy Home Detached or Semi Detached at least 20yago since 1999-2000
with at least 20% Deposit -> You are Millionaire in
Millionaires' Club.
- OR -
To save
50,000$ / y
or
20%
of Income, you need Income or Salary
250,000$ / year,
and Work continuously 20 years. After Tax
41%
+ Rent 35% - 40% = 75%.
You have 25%
for Living Expensive (
Grocery, Phone, Car, Child care, Insurance, Shopping, Restaurant,
Travel...) + Saving
-> Welcome to
The Canadian Millionaires' Club.
If Buy Home since 2009-2010 and live in Vancouver, Toronto, you need
working hard20y more to pay off Home Mortgage Debt,
and to join in Canada's Millionaires Club for 20y later. "
The Canadian Millionaires' Club
Dear; How big is your dream?
-> In Canada's Millionaires
Club, the biggest dream.Need working hard 20y.
Home is not only a place to live, but
also a biggest investment of your life, 90% asset of Middle Class. Warrant
Buffet: " If
you don't find a way to make money while you live. You will work hard until
you die
"
-> Read Blog. We talk Data, Official
Average Data, already SOLD, not
Mouth.
Update June, 2022
Home Data last month May 2022 was
released in the beginning of June, 2022 1) =>
In City Toronto,
May 2022 Home Data Ave Price =
$1,233,748
dollars.
Compared last year May 2021 =
$1,117,457.
NOTE: Ave Price = Ave all types of
properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos =
$1,233,748
- City Toronto
(416,See Map),
Detach Home =
$1,914,890.
Price
Up 11.5%
Profit =
$198,618
compared to last year May 2021 =
$1,716,272
-
Semi Detach Home = $1,426,273.
Price Up 7.5%
Profit = $100,120
compare to last year May
2021 $1,326,153
-
Town House = $1,045,874 Up
10.4%,
Profit
$99,981,
Compared to May
2021
$945,893
-
Condos
= $793,124, Up
10.5%,
Profit
$76,148,
Compared to May
2021
$716,976 NOTE:
Detached Home of City Toronto
is winner, big profit = $198,618.
Detached Home of City Toronto in Dec
2020 Ave =$1,475,758, in Jan 2021, Ave =
$1,581,400.
2) => GTA
(Greater Toronto Area, 905,
See GTA Map), Ave Price =
$1,212,806,
last year
May
2021 =
$863,563.
-
GTA, Detached Home =
$1,432,951. Price Up
7.8%,
Profit =
$101,775
Compared to last year May
$1,331,176.
NOTE: As
same as Semi Detached City Toronto =
$1,426,273.
Last
year, GTA Detached =
$1,331,176
as same as Semi City Toronto = $1,326,153.
At highest price on record,
Detached GTA =
$1,727,963.Because during COVID-19, a
big exodus of people moved out the City Toronto to suburban GTA.
They were working remote from home, looking for more spaces. Now the
City Toronto back to normal. People back to the city, back to
offices.
Usually before COVID, GTA Detached is as same price as Semi Detached
of City Toronto. -
GTA Semi Detached Home = $1,044,443.
Price Up 14.1%
Compared to last year May
2021
-
GTA Town House = $958,558 Up
13.8%,
Condos
= $722,601, Up
19.7%
Compared to last year May
2021
3) => Vancouver Home Market's
Home Price (Ave Home Price #2 in the world).
->
3rd Largest City's Population 2.26M, after Toronto, Montreal
in Canada. Cities in US & Canada, Toronto 9.6M 1st
largest , New
York City 2nd 8.7M, Los Angeles 3rd 3.9M,
Montreal 4th 3.5M, Chicago 5th of 2.7, Houston 6th,
2.29M, Texas, Vancouver 7th, 2.26M . It is Film, Tourism,
Travel Industry, University British Columbia #2 in Canada, Univ
Toronto #1 in Toronto, Province British Columbia.
- Ave Price =
$1,261,100
- Home Price Up
14.7%
compare to last year May, 2021
$1,172,800
- Detached Home:
$2,093,600
- Price Up:
15%
compare last year May, 2021
$1,800,600,
Sales Down:
- 44.1%
- Attached Home:
$1,141,200
- Price Up 25.1%
compare to last year May, 2021
$936,300,
Sales Down:
- 40%
- Condos:
$779,700
- Price Up
15%
compare to last year May, 2021
$737,100,
Sales Down:
- 35%
4)
=>
Canada National Ave Home Price
in May 2022 released in mid-month. Sales
Down
- 21.7%
compare last year. (update June 18)
National
Ave Home Price
$711,000, Price
up 3.4% compare
May 2021. Including
all Cities and Provinces.
-> Ave
Price and Ave
Detached Home or
Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/=>This
helps people want to Buy Home in US from cheap State to expensive
State.
- You need Saving Money =
35,000$ for 10% Deposit Pay Off
30y, because Ave Home Price 350,000$ most States of Detached or
Single Family
like Texas, Florida, Minnesota, Virgina ...+ Plus
Salary 50,000$ =
Salary of 2 Factory Workers In California Ave
Detach = 700,000$ as of August 2021 (real price could
1.2M), need Income =>
100,000$ / y to Buy Home.
-
National Average is influenced a lot by Toronto, Vancouver. If take away both Canada Average Home
Price = $588,500
- Canada National Average Home Price is a good indicator of Housing
Market
across
Canada, also
US
Housing.
Important News
1) The worse Canada Home
Market was the bubble in 2008 -> 2010. But no impact on Ave Toronto
Home Price.
- 2007 Ave = $376,236, 2008
Ave = $379,347, 2009 Ave = $395,460, 2010 Ave = $431,276, 2011 Ave =
$465,014 => Ave Price did not not change but increase.
-> Look at Blog April 2022,
recently rising rates in 2017 = 0.5% -> 2020 = 1.75%, Ave Price also
did not down during rates hike.
- 2016 Ave =
$631,092,
2017 Ave =
$707,745,
2018 Ave =
$736,783,
2019 Ave =
$748,328,
2020 Ave =
$839,363,
2021 Ave = $1.1M,
2022 Ave =
$1.23M Ave Price = Ave of all
Properties combine did not down compared to last year. Although
Ave each Property like Detached, Semi, Town home, Condos ups/ Downs
every month.
This means Housing Market is stable. The price of each property,
like Detached, Condos are always greater than last year, even
compare to last month down.
For example; if compare Detached Toronto last month was Down$33,085,
but compare to last year Up
$198,618.
That's why Real Estate does
not evaluate Price ups/ downs by comparing each month, but evaluate
real profit/ lost by comparing to last year.
2) GTA Detach Home Price
dropped fast, down $300,000 from its peak. Already reached bottom.
Can't drop more.
Good time to Buy while Rate still affordable, cheap. 20y ago,
Interest Rates at 5.75% (1999)
-> 7% (2000).
Now only 1.5% cheap.
If you afford to Buy Home, buy now then wait. 20y ago rates 6% -> 7%
people still buy home. Can't time market.
- As Home Buyers, a good news,
GTA Detached Home looks more Affordable. As Middle Class Home
Owners, a sad news, see their wealth is reduced fast. Both side,
unbiased.
- It is interesting to see next few months if GTA Detach
continues dropping. In the past housing soft landing, it already
reached to the limit downside from its peak price. Can't drop more.
- Usually when housing soft landing happening, the first few
months, Home Prices drop very fast. Home Owners can't react.
Then after that, Home Prices become flat.
- However, GTA Middle Class Home Owners, GTA Home Buyers last year
2021 have bigreal profit$102,000
compare to last year May 2021.
3) Buy Home Then Wait. Don't
Wait Then Buy Home. Why ? -> Real Estate like Stock. Can't
time market.
Buy when Afford. Buy when people fear. Buy when Interest Rate still
cheap.
- Real Estate Market is like
Stock Market ->
Warrant
Buffet
said:
" You can't time the market."
Suddenly it jumps big.
Then you lost opportunity.
People "Greed & Fear". When they see Home prices increase because a
lot people buy home high demand, they are Greed because they fear of
missing out. When Home Prices down, they Fear. They wait and see.
It is like Stock market.
Now it is good time to buy home because:
1) Interest Rate is still cheap1.5%. 20y ago, Rates
at 6% (1999) -> 7% (2000). At that time, a lot people wait and
see, they were missing out of market.
2) Immigration increases. Canada accepts each year
400,000 / y. Thus a lot of demand for Housing.
3) High Employment. All jobs lost during COVID now have
recovered. Plus Salaryincreases. A Middle Class
Couple's Income combined =
110,000$can afford
home easily.
Average University Degree =
33$/ hr =65,000$ / year,
like Teacher, Engineer, Nurses... Minimum Wage like Factory Worker,
Restaurant Server... = 15$ / hr = 2400 $ / mo =
28,800$
/ y
4) Interest Rates increases made Housing even less
Affordable. So Buy Now
while Interest Rate still cheap.
Not just high home prices.
When Interest Rate low -> Housing Prices high. But still a lot
people buy home. Now Interest Rate Rising -> Housing Prices more
affordable. But less people Buy. Good
time Buy Home now while Interest Rate still cheap 1.5%. Lock in 3
years, 5 years fix rate. Then no worry Rate hikes.
=> Follow our Blog up-to-date Housing Market.
We talk Data not Mouth
"People
poor because lack of Knowledge and Data".
4) To Become Millionaire, you
need to saveat least 50,000$ / year for 20 years.
How? -> Data not Mouth.
See on Social Media, You Tube, TikTok...Become Millionaire quick
(debt) -> "Mouthful". Take 20y working hard.
According to National Bank,
you need Salary or Income250,000$ / year,
working continuously for
20 years
no lay off. How big is 250,000$ Salary?
- Very big. Not 20y ago,
today, if you are Public Employee working for Government, salary at
least 50$/ hr = 100,000$,
you are on "Sunshine List"
After you pay for Income Tax around
41%
(Don't forget TAX)
high Income high Tax, Canada, US same. Then Pay Rent around
35% - 40%.
Tax + Rent = 75%
Income. NOTE:
If Salary or Income less than <= 50,000$, Tax 22% -> 27%. Buy Home
in Toronto (Detach or Semi) needs claim Tax,
Salary from 160,000$ ->
200,000$. US, Canada same.
For example;
Need Total Family Income of 6 x Salary of Minimum Wage
30,000$ / y = 180,000$ to Buy Home in Toronto. Can't Buy Home if
work for Cash. US, Canada same. In California Ave Detach = 700,000$ as of August
2021 (real price could
1.2M), need Income =>
100,000$ / y to Buy Home.
Click Here
So you have25%
to Pay for Living Expense
(%?).
Common List below
A Must
in any countries not
just Canada, and for
Saving (%?)
Car, Car Insurance, Car Down Payment, Gas, Food, Grocery,
Drink, Restaurant, Beauty (clothes, cream, hand bag..),
Shopping, Phone, Internet, Child Care, Insurance, Travel, Debt
(Credit Card, Loan...), Miscellaneous Fees.
Rich people spend more than this
common List -> We do not include
"Home" on this List.
Just Rent. If including "Home" then more Life Expensive adds on this
common List. Now it is not common. NOTE:Not including Education,
Health Care, Doctor,
Hospital ... other counties
very expensive.
In Canada Health Care &
Education Free for every
one, Rich or Poor same care. No need Insurance.
=> Free Education (Kinder Garden - 12), Free Health Care, plus
Child Benefits
not in G7, developed countries,
help relieve, reduce
a lot of Cost of Living Expensive in Canada.
=> Thus after paying
for: Tax + Rent + Living Expensive, with salary
250,000$,
you can manage to save 50,000$
/ year = 20% Total Income
(a lot, good save). NOTE:
Usually, people specially small income, can save around
10% -> 15%
of Salary before Tax =
25,000$ -> .37,500$ of
Salary 250,000$. Thus after 20y Ave Saving = 30,000$ x 20y =
600,000$.
=> If Buy Home in Toronto 20
years ago Ave Price =
220,000$ -> Now
1.23M,
Detach = 1.9M,
Semi Detach = 1.5M.
Ave Return 65,000$ -
90,000$ / year for 20y. NOTE:
20y ago, Ave Price = 220,000$, Average Detached 280,000$, Ave Semi
Detached: 230,000$, Ave Town House = 160,000$, Ave Condos =
145,000$.
The Wealth Effect Theory #4
says:
-
Salary helps pay for Living Expensive. Home
makes you Rich, Millionaire.
Car makes you poor, = 0.
=>
Tell me where you live, and Ave Home Price
-> I tell you
"How
Much Rich You Are. No Need Blah, Blah"
=> Thus your biggest
Dream'sCanadian
Millionaires Club
is possible if you live in
Vancouver, Toronto, where Ave Detach
1.9M,
Semi
1.5M, and Buy Home 20y ago.
NOTICE:
People have their own View, their own
You tub Channel, depending
on Education, Social Status, Social Class, Job, Finance, Life
Style, Life
Experience, Location Where they Live, such as: Country, Town,
Province, big City ..This is View
from a Canadian Scientist.
He came from middle class family.
While most middle class young people have full support from family,
but he started Life = 0, alone, self-support. He Grew up
young in City Toronto, Study, Make ends Meet, Graduated from Top #5
Canadian University, Work as Canadian Scientist Professor, Live "real Life Experience" in
big City Toronto for 30y. His Home Town.
Started life = 0, he works all kinds of jobs, from minimum wage
Factory, then Engineer, Scientist, Professor. He understands how was poor. He applies his
background as Scientist to give you a best View
based on Data, Fact, scientifically. Not biased.
"People
poor because lack of Knowledge and Data".
Data help
you see, understand problems and "Problems Solving" better.
3 bed rooms, 2 bath rooms - All in City of
Toronto
=>
Do you like to talk about big thing "A
Million Dollars Home" or small thing "Lamborghini
500K" ? Why?
- Because "A Million Dollars Home" not show off, but big Money = big Return
On Investment (Profit)
-> "A Million Dollars Home" Ave Return
100K
each year equal to salary 150,000$
/ year. This year Detached, Semi return
around 200,000$.
While "Lamborghini 500K" return 0$, Car after 10y = 0. And A
Million Dollars Cash in Bank Account returns 25K / y, and A Million
Dollars in Stock lost 30%.
=> People poor because lack of Knowledge and
Data.
=> How do you define " A Million Dollars Home
" ? -> The Wealth Effect
Theory #13.
- When its Average Home Price of a lot of Homes have been
SOLD / month " by taking Average ", reach over "
million-dollars-plus Price" , such as: Detached Ave = 2.07M, and
Semi Detached Ave = 1.54M in City Toronto. From Official Data
not Mouthful, he said, she said...lack of knowledge. Any city in the
world, even the poorest cities, had Home with Price 2.0M, 1.5M, but
only 5 cities have Ave Home Price over "Million dollars-plus
price". Canada has 2 cities: Vancouver, Toronto.
- The Millionaires Club's Couple on the beach.
Last month April 2022 Home Data was
released in May 4, 2022
" April 2022 Home Sales in GTA down
41% from last year, specially Detached Home GTA. Drop 27% since
March last month because Hike Rate. But Home Price still high. Buyers who have
grown tired of going up against dozens of competitors to purchase a home now
get some relief from the frenzy seen over the past two years.
Housing just taking a break after hot run, cooling called Soft Landing. "
1) =>
In City Toronto,
April 2022 Home Data Ave Price =
$1,243,070
dollars.
Compared last year April 2021 =
$1.087,192.
NOTE: Ave Price = Ave all types of
properties combined have been SOLD this month = Ave of Detached + Semi + Town Home + Condos =
$1,243,070
- City Toronto
(416,See Map),
Detach Home =
$1,947,975.
Price
Up 14.9%
Profit =
$248,219
compare last year April 2021 =
$1,699,756
-
Semi Detach Home = $1,494,640.
Price Up 14.1%
Profit = $185,841
compare last year April
2021 $1,308,799
-
Town House = $1,086,986 Up
15.0%,
Profit
$144,615,
Compare April
2021
$942,371
-
Condos
= $820,835, Up
12.8%,
Profit
$93,698,
Compare April
2021
$727,137 NOTE:
Detached Home of City Toronto
is winner, big profit = $248,219.
Detached Home of City Toronto in Dec
2020 Ave =$1,475,758. in Jan 2021, Ave =
$1,581,400.
2) => GTA
(Greater Toronto Area, 905,
See GTA Map), Ave Price =
$1,254,436,
last year
April
2021 =
$1,090,172.
-
GTA, Detached Home =
$1,526,791. Price Up
16.8%,
Profit =
$218,606
Compared to last year
$1,308,185.
Last
year 2021, GTA Detached =
$1,308,185
as same as Semi Detached City Toronto =
$1,308,799.
-
GTA Semi Detached Home = $1,110,142.
Price Up 19.9%
Compared to last year April
2021
-
GTA Town House = $997,416 Up
20.0%,
Condos
= $722,601, Up
18.0%
Compared to last year April
2021
3) => Vancouver Home Market's
Home Price (Ave Home Price #2 in the world).
(update May 13)
->
3rd Largest City's Population 2.26M, after Toronto, Montreal
in Canada. Cities in US & Canada, Toronto 9.6M 1st
largest , New
York City 2nd 8.7M, Los Angeles 3rd 3.9M,
Montreal 4th 3.5M, Chicago 5th of 2.7, Houston 6th,
2.29M, Texas, Vancouver 7th, 2.26M . It is Film, Tourism,
Travel Industry, University British Columbia #2 in Canada, Univ
Toronto #1 in Toronto, Province British Columbia.
- Ave Price =
$1,374,500
- Home Price Up
18.9%
compare to last year April, 2021
$1,152,600
- Detached Home:
$2,139,200
- Price Up:
20.8%
compare last year April, 2021
$1,755,500,
Sales Down:
- 41.9%
- Attached Home:
$1,150,500
- Price Up 25%
compare to last year April, 2021
$900,900,
Sales Down:
- 40%
- Condos:
$835,9500
- Price Up
26.1%
compare to last year April, 2021
$729,600,
Sales Down:
- 26.1%
4)
=>
Canada National Ave Home Price
in April 2022 released in mid-month. Sales
Down
- 25.7%
compare last year. (update May 17)
- National
Ave Home Price
$746,000 , Price
up 7.4% compare
April 2021. Including
all Cities and Provinces.
-> Ave
Price and Ave
Detached Home or
Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/=>This
helps people want to Buy Home in US from cheap State to expensive
State.
- You need Saving Money =
35,000$ for 10% Deposit Pay Off
30y, because Ave Home Price 350,000$ most States of Detached or
Single Family
like Texas, Florida, Minnesota, Virgina ...+ Plus
Salary 50,000$ =
Salary of 2 Factory Workers ->
American Dream Home + Car is possible.
-
National Average is influenced a lot by Toronto, Vancouver. If take away both Canada Average Home
Price = $597,800
- Canada National Average Home Price is a good indicator of Housing
Market
across
Canada.
A Story:
How much influential are Home Owners? -> 70%
Canada population. Don't forget who you are working for.
The Author from MSN says that: " Hence the
politician to drop Housing prices would risk being voted out in the
next election".
And that: "if any government really wanted
to make housing more affordable, they would just have to implement a
few hard rules".
-> Actually, government has implemented few hard rules like "
Stress Tess ", which made harder to
qualify to buy home, in order to reduce the Demand of Housing and
thus reduce Home Price since 2016, extended 2018.
=> How much influential are Home Owners ?
Very influential, let's see:
1) Property Tax: Home Owners pay
Property Tax, the main source #1 revenue for City to pay for
services like garbage collection, school,
policing, welfare, employees, social housing ...
2) Election: Provincial or
Federal Election, politicians visit, knock on their Home doors for
support, put signs of Candidate in front home's grass. They
main contribute financial support to
all political parties.
3) Home Owners, The Majority 70% strong
Voters: In Canada, the majority
65%
Canadian Middle Class Home Owners, and
5% Millionaires
of Adult 18+ population. Thus 70% are Home Owners. They are powerful
voters. => A Home Owner says: " I have to
work 9am -5pm
very hard for home: 10y -> 15y
Saving for Deposit and 20y, 25y, 30y
for Paying Mortgage, Property Tax. Every month I spend 40% my salary
for Home. Home is not Free, not
Charity, you have to work very hard for it."
Important News 1) Not every one wants to Buy
Home, can afford Home. We, You, They want, but all depends on Banks want,
Stress Test.
Affordable Rent
helps the Poor, Low Income (< 50K), Working Class, Singles
(unless big income > 100K, millionaires).
While
Affordable Housing
helps the Middle Class Income (> 50K), Middle Class Income Couples
(> 100K).
=> It is better honesty to let people know "who
can" and "who
can't " afford Home, so
that they know their ability. - Every one has to pay
Mortgage or Rent, the most expensive Living Expensive
takes 30% - 40% of income can't avoid, more than food,
grocery, gas, tax...
You can be hungry, no food, sickness, but can't avoid to pay mortgage
or rent, the 1st priority each month.
Both Mortgage and Rent increased.
2) Not every one wants to Buy Home, can afford Home,
easy said than done,
big responsibility in 25y, 30y.
-> 20 years ago, In Toronto Ave Price
220,000$, after at least 20%
Deposit, you have Mortgage around 200,000$.
-> Still take 20y to pay off.
- Today Ave 1.25 M, after
20% Deposit, you have Mortgage at
least 1 M (1,000,000$)
5x, 6x more ->
How long to pay off?
- A lot Home Buyers even Buy Home Deposit
10%. -> How long to pay off?
-> Tell them to Buy Home like you encourage them in
BIG DEBT that
they can't afford.
- That's Why most people Buy Home are
Couple Middle Class Income combined salary greater than >
100K.
Affordable Housing helps Middle
Class Income the most.
What is big responsibility in 25y, 30y?
You hear Home Price Up, Home Owners became
Millionaires, but you don't know their sacrifice... 1) Before Buy Home, Saving for A Deposit
take 10y -> 15y. Depend on Price, Location. So you will
sacrifice Entertainment, Drinking, Have Fun, Smoking, Travel, Cut
a lot Spending..
- According to National Bank, In Toronto Ave Price
1.2M,
it will take working hard for 25 years to save for Deposit
(Down Payment) to Buy Home in Toronto. 2) After Having Home, Big Responsibility as
Home Owner take another 25y, 30y, 35y. Easy said than
Done. So you must sacrifice much more than Saving for Deposit
because of responsibilities.
- Your big Responsibility: Pay
Mortgage the biggest + Property Tax + Utility (water, gas,
electricity) + Home Insurance + Home Maintenance + Mortgage
Insurance if Deposit less than 20% ..
3) What happens if Home Price
Down? Explain shortly but easy understand and
Scientifically not Mouth. => Look at GDP formula.
Consumption or
Consumer Spending
60% - 65% of GDP, in US 70%, more than >
Business Investment + Government Spending + NX
(Exports - Imports).
All combine Government Spending (Budget) + Business Investment & Spending +
Export & Import only
35% = 1/2 of Consumer Spending
65%.
What is Consumption or Consumer Spending?
Citizen Rich -> Country Strong
=> You Rich, Spending a lot -> Your Country Strong. If you live simple,
don't have much money, spending less -> Not good for your country.
Consumer Spending is: -
Every day,millions of
Citizens as Customers Buy Products & Services, Pay Bills, Buy Home,
Cars, Shopping, Restaurant, Buy at Local Businesses, Buy at Small
Businesses' Shop, Pay Taxes ... Which generates "Economic
Activities" called Consumer Spending, a big contribution to GDP
(Economy) => As a citizen also a
customer when you Buy some thing or Spending, not only you help that
Business but also help Government by Paying Tax.
In industrialized Developed countries G7 like US, Canada, Japan,
German, UK, 60% - 65%
its Economy rely
heavilyon
Consumption or Consumer Spending, mostly the Middle Class. When
House Price drops, their Wealth downs,
they will feel affect. Thus less Spending ->
Which could cause Recession, like
Housing Price dropped
causing big Recession 2008 - 2009 Financial
Crisis -> They cut down Spending ->
Affect GDP, ECONOMY, JOB -> RECESSION.
=>
Increase GDP: Developing
Countries rely on
Exports, working harderto make
money, increase GDP.
While Developed Countries like G7, US, Canada, Japan, UK, German
rely on
Consumer Spending, rich citizens
spending to increase GDP.
4) Rate hikes from 0.25% in Feb -> 0.50% March -> 1.0% April. Home Price not much impact, but Detached GTA.
=> Semi Detached City Toronto
more attractive in Rate Hike environment. Price unchanged or higher a little
bit.
-> Before Rate hike = 0.25% in
Feb 2022, Home Data released in March 2022, GTA Detached
$1,727,963,
Semi Detached City Toronto
$1,499,489,
Different =
$228,474.
Now Rate hike = 1.0%
in April , GTA Detached
down = $1,526,791,
Semi Detached City Toronto$1,494,640,
Different =$32,151
-> Almost the same price. Why? We already said in last Blog.
Because: 1) Back to the City:
Finally feeling confident the pandemic is over as businesses reopen, people
are returning to work and not wanting to commute, and overall the city finally having life again. 2) The beginning environment of Rising Interest Rates makes Semi
Detached Home in City Toronto looks attractive, more affordable.
5) Why Home Sales (Demand) down compare to last year but Home Prices still
high? -> A 64K Question.
(update May 14, 2022)
=> Explain shortly but easy
understand and Scientifically not Mouth.
- Home Supply less,
reduced: Q1 -> Q2
helps Home Price Unchanged
(Equilibrium) or continue
Rising->
Explain from a Data Scientist.
- In May 2022, Home Sales Down
- 41%
because of rising Interest Rate
is as same as during Covid-19 Lock
Down, Home Sales, Demand Down
- 55% -> - 60%.
But during Lock Down, Home Price
Unchanged,
continued Rising.
Look at Vancouver in April 2022, Detached Home Sales Down - 42%,
but Home Price Up.
6) According to Financial Post,
Rate hikes no affect The million-dollar-plus Home Price Club or "A
Million Dollar Home", which are: Detached Vancouver
2.13M, Detached City
Toronto
2.07M, Detached GTA
1.72M, Semi Detached City Toronto
1.54M.
=> A Big Difference between
Home Price 1.5M and Average Home Price 1.5M, Average much
more. Every city in the world has Homes that are worth 1.5M.
But only 5 cities in the world has Ave Home Price "
A Million dollars Home
" like Vancouver, Toronto.
3 bed rooms, 2 bath rooms - All in City of
Toronto
From: The Globe and Mail, the best, the biggest News, Media in
Canada.
- A Semi Detached Home in City Toronto already SOLD
$6.3 Million
Dollars in Dec 2021. Not Mouth blow up Data, he said, she said, not
yet SOLD. While Ave Semi =
1.55M.
-> That's why Real Estate used
Average Data,
by taking Average of thousands of Semi Detached Homes have
been SOLD in that month.
A BIG difference between Average Price and Real Price.
"
March 2022 is the 3rd best
Sales compares to all March
months in history. Prices dropped slightly. Detached City Toronto
Down."
=>
In City Toronto,
March 2022, Ave Price =
$1,218,546
dollars.
Compared last year March 2021 =
$1.082,896.
NOTE: This Ave Price = Ave all types of
properties combined = Ave of Detached + Semi + Town Home + Condos =
$1,218,546
- City Toronto
(416,See Map),
Detach Home =
$1,920,018.
Price
Up 9.5%
Profit =
$169,500
compare last year March 2021 =
$1.750,518
-
Semi Detach Home = $1,545,447.
Price Up 20%
Profit = $257,442
compare last year March
2021 $1.288,005 NOTE: Detached Home of City Toronto in Dec
2020 Ave =$1,475,758. Today Semi
as same price as Detached in Jan 2021, Ave =
$1,581,400.
From now on we keep track Price of Semi compare to Detached in City
Toronto. Usually Semi behind Detached Price 1 year.
-
Town House = $1,117,469 Up
16.3%,
Profit
$156,575,
Condos
= $831,351, Up
17.4%,
Profit
$123,516
Compared March
2021
-
NOTE:
Winner this month is: Semi
Detached Home of City Toronto. Last Month was Detached of City
Toronto.
-> Vancouver,
Toronto are Canada's Millionaires Club of Million Dollars Real
Estate. - Global News. Vancouver, Toronto Home
Owners Buy Home Detached or Semi at least 20y ago since 1999-2000
with at least 20% Deposit -> You are Millionaire in Canada's
Millionaire Club.
=> GTA
(Greater Toronto Area, 905,
See GTA Map), Ave Price =
$1,299,894,
last year
March
2021 =
$1,097,351.
-
GTA, Detached Home =
$1,632,832. Price Up
23.6%
Compared to last year March
2021
-
GTA Semi Detached Home = $1,201,097.
Price Up 28.9%
Compared to last year March
2021
-
GTA Town House = $1,079,798 Up
27.6%,
Condos
= $760,410, Up
25.2%
Compared to last year March
2021
=> Vancouver Home Market's
Home Price
->
3rd Largest City's Population 2.26M, after Toronto
9.6M, Montreal 3.5M in Canada. Vancouver is 7th
largest City in US & Canada after Houston 6th of 2.29M,
Texas. It is Film, Tourism, Travel Industry, University British
Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British
Columbia. Toronto 9.6M 1st
largest City in US & Canada, New
York City 2nd 8.7M, Los Angeles 3rd 3.9M,
Montreal 4th 3.5M, Chicago 5th of 2.7M.
- Ave Price =
$1,360,500
(#2nd in the world)
- Home Price Up
21%
compare to last year March, 2021
$1,123,300
- Detached Home:
$2,118,600
(#2nd in the world)
- Price Up:
23.4%
last year March, 2021
$1,700,200
- Attached Home:
$1,138,300
- Price Up 28.1%
compare to last year March, 2021
$872,200
- Condos:
$835,9500
- Price Up
16.8%
compare to last year March, 2021
$715,800
Important News
1) Understanding Data Science and How Scientists Collect, Organize,
Process, Manage Data in Business.
Data and Computer Scientists
are trained Data Science at University level. They see Data like
Archaeologists see rock and understand thousands years history of
rock.
Scientists do research Data, take Data seriously. Data speak the
true, the fact, the pattern, already happened. Scientist also used Data
for "Problem Solving",
for "proving Right or Wrong".
Learn more Data Science from left this website
Net.Office Database
(Designed, Built, Written manual by Professor D.D ) in order to
understand more Data Science.
- Then you apply this knowledge of Data Science into your Company,
Business in order to organize and manage information better. Net.Office Database:
The 1st kind of Database that contains Photos, 1st Photo Database on
market.
2) Why worry about Interest
Hike? - Lock in Fixed Rate 3, 5 years, 10 years if your
mortgage is Variable Rate.
- In April 13, Bank of Canada
(BoC) has increased Interest Rate 0.5% (usually 0.25%) to 1%, a big
hike since 22 years to fight Inflation at 6.7%, a 30 years high.
This will also impart Mortgage Rate and Home Market.
Interest Rate is an effective
tool of Central Bank called "Monetary Policy" at no cost
money for Government -> Demand Side. Increasing Interest Rate
will make Mortgage Rate a little bit higher, thus a little bit
higher mortgage payment / month, and ease of Housing Demand. Thus
ease of Home Price.
For example;
Average Mortgage $500,000 will
pay extra: $58
/ month.
While Fiscal Policy is
tool of Government to increase Home Supply. Cost a lot Money,
Billions dollars -> Supply Side.
- Increasing Home Supply of Government promised in April 7,
2022 Budget helps satisfy the Housing Demand of
increasing population, specially Immigration increasing around
400,000 / year, next 3 years 1.2M immigrants coming. And
building more homes, more Supply will be ease of Home Price. Let's Lock in Fixed Rate. Increasing Interest Rate will
affect "Variable Rate" intermediately, like Credit Card, Line
of Credit, Variable Mortgage Rate.
It does not affect "Fixed Rate"
like 3, 5 years Fixed Mortgage Rate. Most people Buy Home lock in 3,
5 years Fixed Rate. Peace of mind.
- If you already have Variable Mortgage Rate, you can visit your
bank "Lock in" 3, 5 years Fixed Mortgage Rate any time. Then
not worry whatever Hike Interest Rate. Peace of mind.
- Hike Interest Rate from Monetary Policy of Central Bank and
Government Fiscal Policy 's Increasing more Home Supply will not
have real impact on Toronto Housing Market, not a silver bullet,
which has been proved in last 20 years. But they will affect Housing
not much so hot, 20%, 30% increases like during COVID,
but 10% or single digit increase.
- Understand Interest Rate
a tool of Monetary Policy of Central Bank of Canada (BoC) used to
fight Inflation
(Update April 23, 2022)
In Economic,
Interest Rate is Price of Money. Over
time, Money lost value because of Inflation. That's why people
Buy Home, Gold.
Monetary Policy of
Central Bank
Interest Rate, Supply Money and Demand Money. Interest Rate is Price of Money.
- When Interest Rate Hike
or Increase.
I1 -> I2 and Money Supply S1 -> S2 shift Left = Price of Money
becomes Expensive. (Right Chart)
1) It
helps the Dollar increase value. Less cost to buy things. Lower
Price. Thus help reduce Inflation
2) When Interest increases. The Dollar became expensive -> Expensive to borrow,
pay more interest. Businesses, People spending
less. Demand down. Price low. Help curb Inflation, reduced.
=> Thus increasing Interest
Rate to fight Inflation is the most powerful Monetary Tool of
Central Bank, not Government.
- When Interest Rate Low.
I1 -> I2 and Money Supply S1 -> S2 shift Right = Price of Money Cheap.
(Left Chart)
1) The Dollar became cheap, lost value. Thus cost more to buy
things. Price increases. High Price. Cause high Inflation
2) Cheap money to
borrow, low Interest Rate. Businesses, People spending more. High
Demand. High Price. Cause High Inflation.
- CPI (Consumer Price Index) is used to
measure changes in Price, Consumer Spending, and indicator of Inflation.
- PCE (Personal Consumption
Expenditures) is like CPI to measure Inflation but more preferable
to CPI by the Fed.
To fight Inflation, the best tool is
Monetary Policy of Central Bank.
The Demand for Money (D)
In economics, the demand for money is the desired holding of
financial assets in the form of money (cash or bank deposits). The Money Supply (S): is the
total amount of money—cash, coins, and balances in bank accounts—in
circulation.
Government can increase Money Supply. This will
supply more money, cheap money into society -> Thus S1 Shift Right S2 (Left chart). Interest Rate down: I1 down to I2. -> Money lost value,
cheaper, cost more money to buy food, buy thing. Thus higher Price. ->
High Inflation. As a result, this cheap money will cause High Inflation.
Only one of many reasons causes High Inflation. Others like High
Price of Energy, Transportation Logistics, Food Supply, War in
Ukraine ...
Left Chart: When Interest Rate
decreases from I1 -> I2 -> Low
Interest Rate. The Money
Supply (S) increased from S1 -> S2. Shift Right.
Because low interest rate, mortgage becomes cheaper, cheaper to borrow in order
to buy home, buy things, living expensive. High Demand. Thus high
Price. ->
Thus high Inflation -> This increases Demand for Home -> Home
Price Up.
Right Chart: When Interest Rate
increases from I1 -> I2, the Money
Supply (S) decreased from S1 -> S2. Shift Left. This will decrease
money supply, money expensive because high interest rate to borrow
in order to buy home, buy things, living expensive. Thus Low Demand.
Thus help Price lower. ->
Thus low Inflation.
-> This decreases Demand for Home -> Home
Price Down.
The Pros and Cons of Hike Interest
Rate. 1) Pros:
Help Reduce Price of Food, Grocery, Living
Expensive, Gas ... Curb Inflation.
Reduce to 2% OK level instead 6.7% at current level 30 years high.
Inflation, high Price will affect poor people, working class, low
income more than middle class, high income, the rich.
Because the Price of Every thing
is the same Price for every one,
same Gas Price, same Food Price for the Poor, Working Class, Middle
Class, High Income, Rich...
2) Cons:Because of high Interest Rate, Businesses,
People less borrow, high borrowing cost, less spending, and high
Debts
of Credit Card Debt, Line of Credit, Mortgage
Debt, Business Loan, all kinds of Debts increase because of high
Interest Rate. Thus Consumer Spending account for 65% - 70% of
Economy and GDP reduced, Down, slow Growth. Thus Businesses lay off
people because less Demand for Products & Services.
Although this helps slow Demand, ease of Price thus
help curb Inflation. But Could cause Recession.
1- Hike Interest Rate will not solve problems
of High Energy Price, War in
Ukraine, Supply Chain Logistics... Thus high Price of Energy still
built in Price of Food, of Supply, of Products ... thru
Transportation, Supply Chain .. The Suppliers, Producers must
increase Price to cover the cost of high Energy Price.
2- Hike Interest Rate will affect to Stock Market, Housing Market.
Which is sensitive to Interest Rate. Because of high borrowing cost,
high debt for businesses, for people. High Mortgage Debt. Thus less
Demand for Housing. They spend less. Thus less Demand for Products
and Services. Businesses Investment & Spending less. Consumer
Spending less, Economy, GDP down. Businesses lay off people,
high Unemployment.
3- When Housing Price is decreased.
People mostly the Middle Class see their Wealth is reduced. They
will cut Spending. This affect Consumer Spending also mostly
from Middle Class. Thus affect Economy, GDP.
In Canada, majority 65% are Middle Class who are also
Home Owners. And 5% population are Millionaires,
Billionaires. Thus high Home Price will affect 30% population
not yet own home. But in 30% population not yet own home, in need of
Home, around 15% population who never own home, never afford home.
Even you give them free Deposit.
They don't want home, a 30y big responsibility
of pay mortgage, not easy, not free, not charity. They can't afford
Home. Even they want Home, you say they can own home.
But the Banks that loan money can't.
They can lost Home any time. Thus this 15% population
want RENT. => Thus from Data, Data
Intelligence, only 15% of population really in need of Home. => But now, the Inflation very High, 30y, 40y
high, unacceptable at this level. The 1st priority is to fight,
reduce, "control" Inflation at acceptable 2%. The only tool
is Monetary Policy of Central Bank.
3) Will hike of Interest Rate have
impact on Toronto Housing? - Not much impart, but not double digits
% increased Price like in COVID Let's go back recently
since 2017, Interest Rate
at 0.50% then kept increasing each increasing rate = 0.25%, from
2017 =
0.50%
to 1.75%
in Jan 2019 before COVID locked down and Rate began dropped in March
2020 to 0.25%.
- In Jan 2016, Ave Home Price =
$631,092
up 14.1% from 2015, Semi =
$713,972,
Detached =
$1,061,789
- In Jan 2017, Ave Home Price =
$707,745
up 23% from 2016, Semi =
$902,688,
Detached = $1,336,640.The beginning of Interest Rate increased from 0.50%.
- In Jan 2018, Ave Home Price =
$736,783
up 5.2% from 2017, Semi =
$936,623,
Detached = $1,283,981.
Interest Rate increased from 0.50% -> 1.0% in Jan 2018, kept increasing. NOTE: In 2018, Stress Test
Policy was introduced to allow Banks test Home Buyers at Interest Rate
2% much higher more than current Interest Rate 0.5% in 2018 in case Interest Rate increase, required
much high Income 20% more than before to Buy Home. Which is to make
sure people can afford home, pay mortgage when interest rate hike,
so that they don't abandon their home causing Housing bubble like
Financial Crisis 2008 - 2009 Recession. Stress Test still today.
- In Jan 2019, Ave Home Price
= $748,328
up 1.7% from 2018, Semi =
$993,465, Detached =
$1,174,134.
Interest Rate kept increased from Jan 2018 = 1.0% to Jan
2019 = 1.750% ->
No more increasing
- In Jan 2020, Ave Home Price =
$839,363
up 8.7% from 2019, Semi =
$1,004,208, Detached =
$1,369,848.
-> Interest Rate no more increasing at 1.75% until COVID
started March 2020 dropped.
You see that while Interest Rate increased gradually each increasing
= 0.25%, from 0.50% in
2017 to 1.75% in Jan 2019 before COVID started March 2020 then
Interest Rate dropped sharply to 0.25%.
=> Housing Market in Toronto did not dropped Price, but it jumped single digit % slightly, not double digit %
like 2016 = 23%
before Interest Rate began increasing in 2017.
=> People cashed out for profit in 2017 when beginning hike of
Interest Rate, could not Buy Home again.
Big lost.
Because Stress Test Policy makes it difficult to Buy Home
since 2018. And Housing Market did not Down.
=> During period of Interest Rate increasing for 2 years in
2017 = 0.50% -> 2019 = 1.75%,
we see: - Detached Home price decreased as much 20% at some
times, dropped from Jan 2017 =
$1,336,640
to$1,174,134
in Jan 2019. Then keep increasing to $1,920,018
in March, 2022.
- While Semi Detached
has no impact, Price kept increasing from in Jan 2017 =
$902,623
to$993,465
in Jan 2019. Price gap between Detached and Semi smaller.
- In Jan 2019 -> Jan 2020 no more Interest hike at 1.75%,
Detached Home Price jump big from Jan 2019 $1,174,134
to: $1,369,848
at Jan 2020. The beginning of
Detached big jump to 2.1M
in Feb 2022, highest on record.
- Semi Detached jumped as well from Jan 2019
$993,465
to: $1,004,208
at Jan 2020. Then keep increasing to
$1,545,447
in March, 2022.
=> From beginning of hike Interest Rate in Jan 2017 = 0.50% Ave
Price = $707,745
to
Jan2020, Interest Rate
no more increase at 1.75%,Ave Price
= $839,363, Home Price did not
decreased but increased.
A Scientist Professor says "
As a Scientist, you speak Data, Data Intelligence. Theysee Data like Archaeologists see rock and understand thousands
years history of rock. Common people can't.
Data speak the truth, the fact,
already happened. In Business,
Accounting, Financial Market, Stock Market, Housing Market ... It is
very dangerous, dishonest, lost
trust if you change Data in
order to please the Boss, the Management, make people happy. Data
Ups / Downs, Goods / Bads, Profits / Loses, you must tell the truth."
5) Why Detached Home in GTA
Down, Semi Detached in City Toronto Up compare last month? - Reverse
to the City
- Almost major COVID-19
restrictions have been
removed, allowing not wearing Mask, and vaccine passport dropped.
The exodus of people moving out of the City Toronto (416) and
Downtown core to GTA, suburban outside the City during the height of
the pandemic is now reversing. Home buyers are returning to City
Toronto (416) again. Finally feeling confident the pandemic is over
as businesses reopen, people are returning to work and not wanting
to commute, and overall the city finally having life again. This reversing back to the City, back to work in the Offices from
remote working, whichis pushing the demand Housing in
City Toronto, specially Semi Detached because Semi Detached is more
affordable than Detached Home in Toronto in the beginning hike
interest rate environment. And Detached Home in GTA also less
demand, price down.
- City Toronto Semi
Detached is Up because: 1) Home Buyers back to the City Toronto 2) The beginning hike interest rate will make
Detached Home in City Toronto less attractive, less affordable.
Update March, 2022
"
Sales high compare to all Feb
months in history, except Feb 2021. Detach City Toronto pushes 2M."
=>
In City Toronto,
Feb 2022, Ave Price =
1,210,899
dollars.
Compared last year Feb 2021 =
$995,171.
NOTE: This Ave Price = Ave all types of
properties combined = Ave of Detached + Semi + Town Home + Condos =
$1,210,899
- City Toronto (416,
Click
See Map.), Detach Home =
$2,073,989.
Price
Up 23%
Profit =
$389,916
Compared to last year Feb 2021 =
$1.684,073.
-
Semi Detach Home = $1,499,489.
Price Up 14%
Profit = $175,245
Compared to last year Feb
2021
-
Town House = $1,131,809 Up
22.8%,
Profit
= $218,772,
Condos
= $822,090, Up
21.5%,
Profit
= $145,253
Compared Feb
2021
-
NOTE: City Toronto beats Vancouver all types of Homes and
Condos. Become #2 in the World.
-> Vancouver,
Toronto are Canada's Millionaires Club of Million Dollars Real
Estate. - Global News.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First
Top 5 Have
Ave Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen
7) Los Angeles 8) New York City 9) London 10) Paris
=> GTA (Greater Toronto Area, 905, Click
See GTA Map.), Ave Price =
$1,334,544,
compared to last year
Feb
2021 =
$1,044,957.
-
GTA, Detached Home =
$1,727,963. Price Up 32.9%
Compared to last year Feb
2021
-
GTA Semi Detached Home = $1,282,386.
Price Up 37.5%
Compared to last year Feb
2021
-
GTA Town House = $1,119,026 Up
32.3%,
Condos
= $756,146, Up
34.2%
Compared to last year Feb
2021
- Home Price:
GTA
Ave Price for all home types combined
$1,334,544,
Up
+27.7%
compared
to
Feb
2021.
=> Vancouver Home Market's
Home Price #2 in the World in February, 2022 released in March
2022..
->
3rd Largest City's Population 2.26M, after Toronto
9.6M, Montreal 3.5M in Canada. Vancouver is 7th
largest City in US & Canada after Houston 6th of 2.29M,
Texas. It is Film, Tourism, Travel Industry, University British
Columbia #2 in Canada, Univ Toronto #1 in Toronto, Province British
Columbia. Toronto 9.6M 1st
largest City in US & Canada, New
York City 2nd 8.7M, Los Angeles 3rd 3.9M,
Montreal 4th 3.5M, Chicago 5th of 2.7M
- Can City Toronto's Detached Home beats Vancouver's Detach Home #2
Home Price in the World? - Yes.
- Ave Price =
$1,313,400
(#2nd in the world)
- Home Price Up
20.7%
compare to last year Feb, 2021
$1,084,000
- Detached Home:
$2,044,800
(#2nd in the world)
- Price Up:
25%
last year Feb, 2021
$1,621,200
- Attached Home:
$1,090,000
- Price Up 27.2%
compare to last year Feb, 2021
$8139,800
- Condos:
$807,900
- Price Up
15.9%
compare to last year Feb, 2021
$697,500
=> Home Data of top 6 biggest Cities Canada in Feb 2022
- Calgary City, Ave Price = 499,400$ Up
16%, Detached 596,400$ Up
19%, Semi
461,400$ Up
16%
compare to last year Feb 2021.
-> Calgary Population 1.3M, 4th largest
City of Canada of population, Center of Oil, Gas, Producers of
Canada, Cowboy Hat , Prairies
Province Alberta.
- Montreal City, Ave Price = 583,295$ (all-time)
up 18%, Detached 550,300$ Up
20%, Condos
$395,000 compare
to last year.
-> Montreal, Quebec's City, Population 3.5M, 2nd largest
city Canada after Toronto 9.6M, French speaking, McGill University
rank #3 in Canada, Quebec Province.
- Ottawa Capital, Ave Price = 771,442$ (all-time)
up 18%, Detached $838,000 Up
17%, Condos
$467,000
Up
14%
compare to last year.
-> Ottawa
Population 1.1M, 5th largest
City of Canada of population, Capital of Canada, Ontario Province.
- Edmonton, Ave Price = 411,464$ Up
9%, Detached 494,000$ Up
13%, Condos
$270,000
compare to last year Feb 2021.
-> Edmonton
City Population 1.06 M, 6th largest
City of Canada of population, Oil & Gas Industry, Producers, Oil
Capital of Canada, Capital City of Alberta Province.
=>
Canada National Ave Home Price
in Feb 2022 usually released late in mid-month.
- National
Ave Home Price $816,720 a
record, Price
up 20.6% compare
to last year Feb 2021. Including
all Cities and Provinces.
- Average home price in the United States in 2021: $374,900 including
all Cities and States.
-> Ave
Price and Ave
Detached Home or
Single Family Home in 51 States in US as of August 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/=>This
helps people want to Buy Home in US from cheap State to expensive
State.
- You need Saving Money =
35,000$ for 10% Deposit Pay Off
30y, because Ave Home Price 350,000$ most States of Detached or
Single Family
like Texas, Florida, Minnesota, Virgina...+ Plus
Salary 50,000$ =
Salary of 2 Factory Workers ->
American Dream Home + Car is possible.
-
National Average is influenced a lot by Toronto, Vancouver, the most
expensive market in Canada. If take away both Canada Average Home
Price = $638,720
Important News
1) Ave Detach Home of City Toronto pushes 2.1M all time high,
surpassing Vancouver.
-> Up 23%, Profit =
$389,916 a year compare to last year. Equal to Salary
$750,000 after Tax,
estimate much higher than Salary of Canada Prime Minister
350K/ y, US President 400K/ y.
-> Big Home Price -> Big Profit is a characteristic of Ave
A Million Dollar Home,
like Big Google Stock Price. No Home can return like this.
-> City Toronto beats Vancouver all types of Homes
and Condos. Become #2 in the World.
-> This month Ave Detached pushes
2.1M is the best Sales of February month of Toronto in
history, only after February 2021.
->
Vancouver, Toronto are Canada's Millionaires Club of Million Dollars
Real Estate from Global News.
2) Bank Canada rising Interest Rate +0.25% to 0.50% since 2017
in March 2, 2022
->
Since
slashing the benchmark rate 1.75% to near-zero 0.25% at the start of
the COVID-19 pandemic. In a bid to help fight inflation, which is at
its highest level since 1991.
-> It will affect Mortgage a little bit. Average Mortgage
$500,000 will pay extra:
$58 / month.
700,000$, 5 years Variable
Mortgage Rate pay extra
$73/ month.
-> In March 2022 the beginning of hike Rate but also the beginning
of Detached Home in City Toronto pushes 2.1M dollars.
->
Bank's Stress Test helps protect Home market when rising Interest
Rate. When you Buy Home,
Bank's Stress Test already testing much higher requirement of
your Income or Salary to make sure if Rate increases you can afford
mortgage payment every month to prevent you abandon your home
causing Financial Crisis like 2008-2009.
For example; you Buy Home when rate at 0.25%, Bank's Stress Test
testing your Income at 10x rate hike = 0.25% x 10 = 2.5% if you can
afford mortgage payment. A lot Home Buyers complain Stress Test that test them out of
reach to Buy Home because requirement higher Salary, like Low Income
Home Buyers. But the Banks in Business to make profit, not charity.
Government can't do any thing about
Bank's Monetary Policy.
Government is responsible for
Fiscal Policy, which is
to Build more Home Supply. Which is Government is doing. Take few
years to build Homes just enough to satisfy Demand of increasing
population. Don't expect Home Price is reduced.
->
If people can afford big mortgage of
A Million dollars Home
then increase
70$/ month extra not big deal.
Giving the Profit hundreds of thousands / y
=
Salary
of 750,000$ / year
Says a Scientist Professor: "Cost
extra 1$ but Gain 10,000$. Buy Home then Wait. Don't Wait then Buy
Home. Be smart.People poor because lack
of Knowledge and Data. "
-> High Inflation, high Energy, high Price already cost people. This
increasing mortgage cost, and more Interest Payment of Credit Card
will add-on more cost of Inflation.
3) Some Home Data after released could be later updated by Canada Real
Estate Association (CREA) called "Seasonal Adjustment".
-> All data are "Official Data". Seasonal Adjustment Data is normal.
-> To make sure Real Estate integrity, honesty, to prevent mouth
blow up Data,
to update public monthly,
every month CREA provides Real Estate Ave Data, Ave Home's
Data have been already
SOLD monthly
any where any street any area in the City, "Official Data". Not
Mouth data, not he said, she said, not his home, her home, not this
area, that area, not Property Sales Listing Data not yet SOLD,
not Forecast Data. This will attract investors, people because they
know it is real Price,
true market value, "Official Data", and updated monthly.
4) Why in Canada, US don't
calculate Price based on Square meters, for example: 20000$ / m2 for
Ave Detach Home 2.1M, 1200 ft2.
-> It is easy to pump up real
estate price / m2 (square meters) or square foot (ft2). All you need
is one big investor of a Property Corporation auction high
bid for that land, pump up the price of land. In US, Canada, Real
Estate is sold as Home, Condos, not Land, and sold ten of thousands
of homes, condos every month. Ten of thousands home buyers
Buy Home, Condos every month.
Thus impossible for one investor to pump up price, market
manipulation, dishonesty. Pump and Dump, illegal.
Like Stock Pump up price over its true market value then Dump.
Thus no good for market, illegal. *No country accepts this
dishonest bad behaviour*.
For example; A company stock price 30$. Then Investor pump up its
price 30$ to 2600$,
believe that it can compare to Google. Future Potential like
Google. A lot "naive" people believe this magic illusion, buy
and lost money. This Pump and Dump is illegal, market manipulation
for its own benefit. This happens in Stock Market, Real
Estate, Crypto Currencies.
Ave Home Price = Calculated by taking Average of ten of thousands of
homes have been SOLD to ten of thousands of buyers, not
few Buyers. Thus impossible pump up price.
- For example:
in US, Canada, Home is measured
by square foot (ft2). Ave Detach Home 2.1M, Ave ft2 is 1200
ft2 = 1200 x 0.093 = 111 m2 = 2.1M / 111 m2 =
20,000$ / m2
(not commercial).
Conversion: 1 square foot (ft2) = 0.093 m2 (square meters). In US,
Canada usually they build home look a like on the same
street, same ft2 around 1200
ft2.
5) A Million Dollars Home's
monthly Mortgage Payments make you Become Millionaire:
(update March 19, 2022)
-> 1) Semi Detached Home In
City Toronto = 1.5M.
1) Total Mortgage Amount = 1.5M 2) Deposit 20% =
$300,000,
3) Current Mortgage Rate 5 years fixed =
3.34%
(as of March 17, 2022)
4) Amortization (years Pay off
home) = 25 years.
=> Your Monthly Mortgage Payment =
$5,890.35
/ month.
After 5, 10, 15, 20 years you become Multi Millionaire because Home
Price will increase over 5, 10, 15, 20 years.. The bigger Home Price
of A Million Dollars Home, the faster, bigger Price increase.
Estimate next 5 y, Semi Detach will increase double to 3.0M, Detach
4.0M. No need to wait for 10y, 15y, 20y. For example;Bigger Home Price -> Bigger Price increases and shorter year.
This proved by a Data and Computer Scientist
Professor.
- In 2000 Ave Price of All Properties = 230,000$ (not Ave detach or
semi) -> 10 years later, 2010 double = $433,000. An increase
of $203,000 in 10y.
- In 2013 Ave Price of
All Properties = 542,174$ (not Ave detach or semi) -> 7 years later,
2011 double = $1,096,736. An increase of
$554,563 in 7y.
You see in 7y Home
Price increased $554,563
not only more than double the increased price
$203,000,
but also shorter 3 years
of 2000 - 2010.
In
other words, only 3.5 y not 7y, Price increased $554,563 / 2
= $277,281
more than double of Home Price
$230,000
double in 10y = $203,000.
This is a most important characteristic of
Ave A Million Dollars Home:
Big Price -> Big Profit, Faster
. Like Google Big Price Stock.
For example; Home
like Stock, Big Google Stock Price 2600$ (as
of March 6, 2022) increases or Return Profit a year 10% =
260$. 1000 shares of Google, return profit (ROI) = 260,000$
/ y.
While a Stock Price 30$ increases 10% / y = 3$. 1000 shares, ROI = 3000$
/ y => Thus A year, Google Stock Return On Investment = 30$ stock
ROI of 86 years. For example; In
2022, Detach Home in City Toronto return $389,916 in
1 year
more than
Detached Home in Texas,
Ave =247,210$,
Florida Ave =297,390$ return
in 30 y.
-> 2) Detached Home In City
Toronto = 2.1M.
1) Total Mortgage Amount = 2.1M 2) Deposit 20% =
$420,000,
3) Current Mortgage Rate 5 years fixed =
3.34%
(as of March 17, 2022)
4) Amortization (years Pay off
home) = 25 years.
=> Your Monthly Mortgage Payment =
$8,246.49
/ month
After 5, 10, 15, 20 years you become Multi Millionaire because Home
Price will increase over 5, 10, 15, 20 years..
6)
A 64K question: Is it possible the 3rd Double is the next
double in 5 years? Go back 20y ago @ City Toronto. ->The 1st Double in10y. Began 2000, Ave Price =
$230,000
-> 2010, Ave Price = $433,000
(up 2x, small double =
$203,000, took
10y). Already happened. -> The 2nd Double in 7y(bigger Double =
$554,563,
faster, actually Double only
3.5 yas proved above) from 2013 -> 2021. Already happened.
Began Jan 2013, Ave Price =
$542,174, Detach
$765,049,
Semi $586,080
-> 2021, Ave Price =
$1,096,736 (up 2x), Detach
1.8M
(up 2.3x), Semi 1.5M
(up 2.6x).
-> The 3rd Double in 5y from 2021 -> 2026. Not
Yet Happen.
Began 2021, Ave Price = $1.1M,
Detach 1.8M,
Semi 1.5M
-> 2026,
Ave Price = $2.2M
(up 2x). Detached 3.6M
(up 2x), Semi Detach 3.0M
(up 2x) Question:Is
it possible the 3rd Double is the next double in 5 years? -
Bigger Home Price -> Bigger Price
Double increases, bigger Profit and Faster year return. Answer: People asked the same question in the previous 2
Double since 20y ago. It already happened the last 2 Double.
You can see the 2nd, Ave Price double (2x), Detach more than double
2.3x, Semi Detach more than double 2.6x.
Already happened
=> So the 3rd Double is possible. Bigger Home Price -> Bigger Price
increases, bigger Profit and Faster year return.
Back just 8 years ago in 2013, people would not believe that
City Toronto Home Price > A
Million Dollars Home, no way
Detach 1.8M, Semi Detach 1.5M. Very expensive, no one can afford.
But 2021, Home Price pushes Detach
1.8M,
Semi 1.5M
still cheap. A lot people Multi offer, Demand hot => So next 3rd
Double, Detach 3.6M,
Semi 3.0M
still cheap, affordable.
-> Thus 2nd Double,
Bigger Ave Price =
$542,174
-> Bigger Price Double increases =
$1,096,736,
bigger Profit =
$554,563
(2x 1st Double),
Faster year return =
7y.
Shorter than 1st Double = 3 years
-> The Wealth Effect Theory
#8: Wealth creating more
Wealth.
-> Vancouver, Toronto Home
Owners of Canada Millionaires
Club, Buy Home at least 20y
ago, since 1999 - 2000,
at least 20% Deposit => You
are double
>
2M
next 5y. -> If you not in
Canadian Millionaires Club
of Million Dollars Real Estate in Vancouver, Toronto, you need
salary 200,000$/ y,
working hard in last 50y, and for just Down payment for Home in
Toronto you need Salary
200,000$/ y working hard
25 years Saving for Deposit, according to National Bank. Click here::https://www.msn.com/en-ca/money/video/toronto-millennials-apparently-need-to-save-up-for-another-lifetime-to-own-a-house/vi-BB1gxur5?ocid=hplocalnews ->It took 20y
Become Millionaire. But only 5y double > 2M.
NOTE: Data and Computer Scientists are trained Data
Science at University level. They see Data like Archaeologists see
rock and understand thousands years history of rock. Common people
can't. They do research Data, take Data seriously. Data speak
the true, the fact, already happened. Scientist also used
Data for "Problem Solving".
Learn more Data Science from left this website
Net.Office Database
(Designed, Built, Written manual by Professor D.D ) in order to
understand more Data Science.
Then you apply this knowledge of Data Science at University level
into your Company, Business in order to manage information better. Net.Office Database:
The 1st kind of Database that contains Photos, 1st Photo Database on
market.
We will update more Data very soon
Update February, 2022
"
Beginning New Year 2022. Toronto Home
Sales fells 18% in Jan, 2022. But Home Price climbed, "All
Time High", and Home Sales
Listings dropped"
=>
In City Toronto,
January 2022, Ave Price =
1,073,111
dollars.
Compared last year Jan 2021 =
$865,261.
- City Toronto (416,
Click
See Map.), Detached Home =
$1,886,413.
Price
Up 19.2%
Profit =
$305,013
Compared to last year Jan 2021.
-
Semi Detached Home = $1,471,535.
Price Up 22.1%
Profit = $266,678
Compared to last year Jan
2021
-
Town House = $1,080,284 Up
32.6%, Condos = $760,643, Up
21.7%
Compared to last year Jan
2021
=> GTA (Greater Toronto Area, 905, Click
See GTA Map.), Ave Price =
1,242,793 dollars,
compared to last year
Jan
2021 =
$966,068.
-
GTA, Detached Home =
$1,702,143. Price Up 30.4%
Compared to last year Jan
2021
-
GTA Semi Detached Home = $1,236,081.
Price Up 37.3%
Compared to last year Jan
2021
-
GTA Town House = $1,083,801 Up
35.5%, Condos = $720,532, Up
31.6%
Compared to last year Jan
2021
- Home Price:
GTA
Ave Price for all home types combined
$1,242,793,
Up
+28.6%
compared
to
Jan
2021.
=> Vancouver Home Market's
Home Price #2 in the World in January, 2022.
(update Feb 15, 2022)
-> 3rd Largest City's Population 2.26M, after Toronto of
9.6M, Montreal of 3.5M in Canada. And Vancouver is 7th
largest City in US & Canada after Houston 6th of 2.29M,
Texas. It is Film, Tourism, Travel Industry, University British Columbia #2
in Canada, Univ Toronto #1 in Toronto, Province British Columbia. Toronto 9.6M is 1st
largest City in US & Canada, Montreal 4th of 3.5M. New
York City 2nd of 8.7M, Los Angeles 3rd of 3.9M,
Chicago 5th of 2.7M
- Ave Price =
$1,255,200
(#2nd in the world)
- Home Price Up
18.5%
compare to last year Jan, 2021
$1,044,000
- Detached Home:
$1,953,000
(#2nd in the world)
- Price Up:
22.7%
last year Jan, 2021
$1,576,800
->
NOTE: Vancouver Detached more
than City Toronto Detached =
66,587$ ->
Insignificant, not different, given Ave = 1.9M
- Attached Home:
$1,029,500
- Price Up 24.3%
compare to last year Jan, 2021
$815,800
- Condos:
$775,700
- Price Up
14%
compare to last year Dec, 2021
$680,800
Home Data for Canada usually released late in 15 mid-month.
(update
Feb 15, 2022)
=>
Canada Ave Home Price
Jan
2022$748,450 a
record, Price
up 21%
compare to last year Jan 2021. Including
all Cities and Provinces.
- Average home price in the United States in 2021: $374,900
including all Cities and States.
-> Ave Price
and
Ave Detached Home
or Single Family Home in 51 States in US 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
- Last month December, 2021 $713,500.
- If take away Toronto, Vancouver,
Canada Average Home Price in
January,
2022 $588,450
Important News
1) Why Home Sales down 18% But Home Price up
"All Time High"? -> Because of Home Supply.
-> Lack of Home Supply, which are Home Builder and Home Listings for
Sales Down -44%, the lowest in more than 20 years.
The main reason is that people are afraid that after selling their
Home, they will not be able to buy home again.
Home Listing for Sales is Supply curve.
- Why Home Sales fell 18% in Jan
2022, but Home Prices Up?
- A 64K Question.
Because Home Listing For Sales Down to lowest level in more than 20
years, drop
- 44%,
in January, 2022, Supply Curve Shift Left S1 -> S2 -> Quantity
Decreases: Q1 -> Q2 = Home Supply Down. ->
Price Up: P1 -> P2.
- When will Price Decreases?
- A 64K Question.
When Supply increases -> S1 Shift Right to S2 is S1 -> S2. Thus
Quantity Increases Q1 -> Q2. Home Supply Increases.
Thus Price Decreases:
P1 -> P2 Down.
2) Why Home Prices high, Ave A Million
Dollars Home, but still a lot people Buy Home, Demand high?
1- The Wealth Effect Theory #8.
Toronto's Large Population of Millionaires, Elites estimated 170,000 ->
200,000 Millionaires, 1.7% of Toronto 9.6M population.
A Foundation to Support A Million Dollars
Home.
You live in Toronto at least 15 years to understand Toronto's "high society"
of Millionaires, Elites, estimated 170,000 -> 200,000 Millionaires. They are
Millionaires created by Home. They bought home 20 years ago where Ave Price
= 220,000$
-> Today Ave 1.1 Million dollars,
Detached 1.9M,
Semi Detached 1.5M.
-> Vancouver, Toronto is Canada's Million Dollars Real Estate Club.
-> These Millionaires, Elites Buy second Home, Multi-Homes like Investors.
According to Data, they buy most Homes in Toronto, because they have money,
already Millionaires.
-> They are co-sign, finance, support Buy Home with their
MillennialChildren, co-sign with their Partners,
with Relatives help easy qualify to Buy Home.
For example; Millennials (26 -> 39 years old) don't have
300,000$ -> 350,000$
for Deposit in need of support from Millionaires who bought home 20y ago,
now Millionaire.
According to National Bank, it will take Salary
200,000$
working hard for 25 years
in order to Save a Deposit (Down payment) to Buy Home in Toronto, Vancouver.
=> Before Buy Home, Condos, you must work
hard 10y, 15y.. Save for Down Payment.
Example; According to National Bank,
You are a Millennial just graduated with Master Degree at 27 years
old. Assume You make good salary = 180,000$.
Today Average Master Degree made 50$/ hr =
100,000$/ year. You must work 25 years in order to
Save for a Down payment or Deposit
to Buy Home in Toronto or Vancouver. By the time you already have
Deposit to Buy Home, you will be 52
years old.
=> Before Buy
Home, Condos, you must work hard 10y, 15y.. Save for Down Payment.
You or your Parent should have been making nearly 200,000$/ year for
25 years before you were born to Save for Down payment (Deposit) Buy Home
in Toronto, Vancouver.
The Wealth Effect Theory #11:
Home expensive, a million Dollars Home is not because of big Home,
small Home, beautiful Home, swimming pool... But because of
Location, Location, Location.
Do
not Believe in Mouth but Data, and use your Brain.
2) Immigration Creates Population
Increased. Both Rich Immigrants to Buy Home, and Poor to Rent -> Buy Home or
Rent creates a lot Demand for Home.
-> Canada receives around 400,000 Immigrants / year, an increase from
350,000 in 2019. Nearly 60% - 65% are
Economic Immigrant, Family Unification. Most of them will come to Toronto
(City Toronto and GTA). These Economic Immigrants likely Buy Home after
settle in Canada. Poor Immigrants like Refugees, Humanitarian, skill Labour
... will Rent to live with Toronto's Home Owners. They help Home Owners Pay
Mortgage.
-> Thus Rich Immigrant Buy Home, Poor Immigrants Rent -> Population
increases, will create a lot Demand for Home + help Toronto Home Owners pay
Mortgage.
3)
High Income, high Salary in order to afford high Home Price.
-> Ave Salary with University, like High School Teachers, Engineer around
60,000$ -> 65,000$,
30$/ hr - 35$/hr.
-> Minimum Wage, Factory Worker,
Waiter Restaurant is 15$/hr = 2400$/ mo = 28,800$ / year ->
Hardly to Buy Home.
-> Salary of a Couple that had University Degree like Teacher, Engineer,
Nurse, combined + Co-sign their Millionaire Parents ->
Buy Home easily.
For example, a Couple of a Teacher + an Engineer combined salary + Co-sign
their Parent who is Millionaire, Elite.
-> 20 years ago,Ave Price = 220,000$,
2 x minimum wage Salary of a couple working in Factory, each 5$/ hr =
800$/ mo =
9600$/ year
=> combined minim wage couple = 9600 x 2 =
19,200$
/ y => Can Buy Home.
-> Today Ave Price = 1.1M,
2 x Salary of a couple with University Degree combined, each 33$ /hr
= 5280$/ mo =
63,500$/ y
=> Couple combined
=
127,000$
/y + Co-sign => Can Buy Home. -> Thus high Home Price required high Salary, Income by Bank. Buy Home
today is different with Buy Home 20y ago. The
Wealth Effect Theory #2:
"Tell
me your Salary, your Job, your career -> I tell you Home Price you can
afford. No need blah blah"
=> To lend you money, Bank wants your Info 1) Salary 2) Down payment
or Deposit 3) monthly Expense
4) Mortgage Amortization? Click Here
=>
Thus University Degree helps you get good paid job, Buy Home easy, and
better future.
4) Cheap Interest Rate on record
0.25% helps push Demand. Of course happened every where any Cities in
in US, Canada.
-> It helps Housing Demand booming. But doesn't mean every City has
A Million Dollars Home
because of cheap Interest Rate.
-> For example; Why Ottawa, Texas, Florida same Interest Rate 0.25%, but
don't have Ave Home = A Million Dollars Home.
=> Thus A Million Dollars Home can
happen in Toronto, but hardly happen any other City in the World, because
of:
1) The Wealth Effect Theory #8 (Click
here) Large Population of Millionaires, Elites 2)
Immigration 3) High Income, Salary
3) A Million Dollars Home, most expensive Home in Canada and in the World
There are less than 5 Cities in the World
have Ave Home Price >= 1 Million Dollar.
Because of its big Price, the Return On Investment (ROI) of A Million
Dollars Home is BIG:
1) On Average, Big ROI each year = Salary 120,000$
-> 150,000$.
In 2021, Detached Home returns:
$223,242 equal to
Salary = $400,000,
Semi Detached = $182,321 equal
Salary = 330,000$,
after minus Income Tax. 2) Double
2x every 7 - 8 years. 3) Easy
Become Millionaire. Just live in A Million
Dollars Home.
Here are the most expensive Homes reached Ave A Million Dollars Home in
Canada and in the World:
1) Detached Home in Vancouver Ave Home Price = 1.91M (#2nd
in the World)
2) Detached Home in City of Toronto Ave Home Price = 1.9M (used
to close with Detached Vancouver, not much different Price )
3) Detached Home in GTA Ave Home Price = 1.7M (used
to close with Semi-Detached City Toronto. But people move out of City to
Suburban GTA pushing price higher)
4) Semi Detached Home in City of Toronto Ave Home Price = 1.5M
=> Home Owner of A Million Dollars Home over 20
y,
Buy Home with Deposit at least 20%, you
are Millionaire.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First
Top 5 Have Ave
Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen
7) Los Angeles 8) New York City 9) London
10) Paris
=> China, Canada, US has 2 cities in Top 10 most Expensive Home in the
World.
=> Canada has 2 cities Vancouver, Toronto
Ave A Million Dollars Home.
Examples of Homes Listing for Sales in
City of Toronto.
3 bed rooms, 2 bath rooms - All in City of
Toronto
- A Semi Detached Home
2-Bedroom SOLD
(not Mouth) $6.3
Million Dollars in City Toronto
end of 2021 from The Globe and Mail, a very big online Media News Paper
like Toronto Star. When it said 2-Bed Roomstelling that this
6.3 M
Semi Detached is small Home
because 90% Home in Toronto at least 3 Bed Rooms are common.It is true that there are
semi-detached Homes worth 6 Million Dollars, even expensive than
Detached Home. But it
doesn't mean all Semi Detached Homes worth $6 Million
Dollars in order to pump up, blow up price. Mouth Exaggerate.
Although it has been SOLD 6.3M
not Listing Price for Sales. That's why
Real Estate Industry used
Ave Home Price
of Semi Detached Home in Toronto is
1.43 M
in 2021 (highest on record ever, All Time High happened in 2021) not
6M,
4.5x higher than its real official price. NOTE: It takes 20 years for
Toronto Home Market increased
5x from Ave 220,000$
-> Ave 1.1M in 2021. It is a long time.
Pump up, blow up price in hope trickle down
water the price will create bubble, freeze, unrealistic, lost
trust in market. There is no such "Trickle Down Water Price"
in real estate. The Price Ups/ Downs depend on "Supply/ Demand"
of the Market. That's why we recommend people used Ave Price,
official Data of Properties, Homes have been
SOLD on
the Market. But a lot of common people still use "Mouth Data" self
speaking exaggerate. We don't see they talk about Ave Price. The Wealth Effect Theory #8
says " Wealth Creates More Wealth"
by hard work, clean money, honesty, integrity.
Take 20 years Become Millionaire.
Even you have salary 250,000$ / year
will take you 40 years Become Millionaire. No such quick rich, quick
Millionaires like people's big mouth on TikTok.
- Average Return On Investment (ROI) Home in Toronto is from 6% ->
10% every year, equal to Salary 120,000$ / year. But this year 2021,
Home Toronto Prices return 25%,
a double digit price gains ROI.
- A Semi Detached Home 2-Bedroom SOLD $6.3 Million Dollars only in
City Toronto
- Hire an Interior Designer will make your
Home worth more.
"
Data shows Toronto Home Prices
up almost 25% in 2021. Home Sales in 2021 exceeded the 2016 record ever."
=>
In City Toronto,
December 2021, Ave Price =
1,023,029
dollars.
Compared last year Dec 2020 =
$894,183.
- In City Toronto (416), Detached Home =
$1,700,000.
Price
Up 15% =
$223,242
Compared to last year Dec 2020.
-
Semi Home = $1,342,429.
Price Up 15.7% = $182,321
Compared to last year Dec
2020
=> In GTA (Greater Toronto Area, Phone code: 905), Average Price =
1,157,849 dollars,
compared to last year
Dec
2020 =
$932,297.
-
In GTA, Detached Home =
$1,568,849. Price Up 33.3%.
- Home Price:
GTA
Ave Price for all home types combined
$1,157,849,
Up
+24.2%
compared
to
Dec
2020.
=> In Vancouver Home Market
December, 2021.
-> 3rd Largest City's Population 2.26M, after Toronto, Montreal,
Film, Tourism, Travel Industry, University British Columbia rank #2 Canada,
after Univ Toronto #1, Province British Columbia.
- Ave Price =
$1,230,200
(#2nd in the world)
- Home Price Up
17.3%
compare to last year Dec, 2020
$1,044,000
- Detached Home:
$1,910,200
(#2nd in the world)
- Price Up:
22%
last year Dec, 2020
$1,554,600
- Attached Home:
$1,004,900
- Price Up 22%
compare to last year Dec, 2020
$813,900
- Condos:
$761,800
- Price Up
12.8%
compare to last year Dec, 2020
$676,500
A Million Dollars Home, most expensive Home in Canada and in the World
There are less than 5 Cities in the
World have Ave Home Price >= 1 Million
Dollar.
Because of its big Price, the Return On Investment (ROI) of A Million
Dollars Home is:
1) Big ROI each year = Salary 120,000$
-> 150,000$
2)
Double 2x every 7 - 8 years.
3)
Easy Become Millionaire
NOTE: This year 2021,
Detached Home returns: $223,242 equal to
Salary = $400,000,
Semi Detached = $182,321 equal
Salary = 330,000$,
after minus Income Tax.
- CPP: Canadian
Pension Plan contribution
- EI: Unemployment Insurance
contribution
Don't sell your A Million Dollars Home because
it is a Big Return On Investment every year.
The higher Salary, the bigger Tax, nearly 1/2 Salary. That's why
Salary = 250,000$ / year,
after Tax + Living Expensive, you don't have much -> Take 40 years
Become Millionaire.
On Average, A Million Dollars Home in Toronto returns ROI equal
Salary = 120,000$ -> 150,000$
every year.
Here are the most expensive Homes
reached Ave A Million Dollars Home in
Canada:
1) Detached Home in Vancouver Ave
Home Price =
1.91M
(#2nd in the World)
2) Detached Home in City of Toronto
Ave Home Price = 1.81M
(used to close with Detached Vancouver, not much
different Price )
3) Detached Home in GTA Ave Home
Price = 1.56M
(used to close with Semi-Detached City Toronto. But
people move out of City to Suburban GTA pushing price higher)
4) Semi Detached Home in City of
Toronto Ave Home Price =
1.43M => Home Owner of A Million Dollars Home over
20 y, Buy Home with Deposit
at least
20%, you are Millionaire.
=> Top 10 City's Most Expensive Housing In The World by Ranking. The First
Top 5 Have Ave
Home >= A Million Dollars Home.
1) Hong Kong 2) Vancouver 3) Toronto 4) Singapore 5) Shanghais 6) Shenzhen
7) Los Angeles 8) New York City 9) London
10) Paris
Important News
1) Lack of Home Supply, Home Builder. Supply
Side
2) Lack of Home Listing for Sales. Supply Side. Because people don't want to
sell home, moving, and let people come to see their home during COVID.
3) Low Interest Rate on record 0.25%, thus low borrowing cost Buy Home. More Demand Side.
=>
1) 2) 3) More people Demand Home, low Supply Home, thus Pushed Home Price higher on record for 2021.
4) GTA Home Price up on record because people
continue moving away City Toronto where Companies, Businesses are still affected by
COVID, now Omicron cases on record more than ever. The City "semi lockdown".
They work remote from Home, stay at Home more, thus looking for more space, backyard.
-> The Demand for GTA Home Price will be normal, go down when COVID Pandemic
over. The big Exodus from City to Suburban outside city over. People back to
work in the offices of companies, businesses, Gov Agencies in City Toronto.
5) Detached, Semi Detached of City Toronto Down
100,000$
compared to last month All Time High.
So far, COVID-19 Pandemic no affect but on record Price & Sales in Housing
in Canada and Toronto, Vancouver, but will Omicron ? Not sure.
Since CIVID-19 Pandemic began in
Jan 2020, 1st peak lock down in
March 2020 to Jan 2022 in total 5th Wave,
You can see Omicron, the 5th Wave is increasing COVID Cases and
Hospitalization across Canada up 84% on record ever All Time High
for just only 3 - 4 weeks since mid Dec 2021 - mid Jan 2022.
6) Unlike Stock Ups/ Downs, Profit/ Lost in every second, Real Estate like
Property, Home Ups/ Downs every Month measured by all Homes have been
SOLD
in that month, Profit/ Lost measured every year by comparing to same period
of last year. That's why Home's Profit/
Lost by comparing to same month of last year so that can see
real Profit/ Lost.
Although compare to last month "All Time High" Home in City Toronto
lost 100,000$.
But actually "real" Profit for city
Toronto's Detached Home = $223,242,
Semi Detached Home profit = $182,321
by comparing Dec 2021 to last year Dec 2020
for your "real Profit" of Detached and Semi Home End of Year 2021.
7) Next month February 2022, we begin Home Data for Jan 2022 then compare to
last year Jan 2021 see Profit/ Lost.
Home Data for Canada usually released late in 15 mid-month.
(update
Jan 17, 2022)
=>
Canada Average Home Price in
Dec
2021 $713,500Price
up 17.7%
compare to last year Dec 2020. Including
all Cities and Provinces.
- Average home price in the United States in 2021: $374,900
including all Cities and States.
- Home Sales Down: -9.9% compare
to last year Dec, 2020.
But Sales Up 0.2% compare
to last
month
Nov/ 2021
- Last month November, 2021 $720,850
high on record.
- If take away Toronto, Vancouver,
Canada Average Home Price in
December,
2021 $563,500
Home Data of few biggest Cities Canada in Dec 2021
- Calgary City, Ave Price =
446,300$
up 10.1%, Detached 547,300$
Up 11.9% compare to last year Dec
2020.
-> Calgary Population 1.3M, 4th largest City of Canada of population,
Center of Oil, Gas, Producers of Canada, Cowboy Hat ,
Prairies Province
Alberta.
- Montreal City, Ave Price = 525,000$
up 17%, Detached 567,300$
Up 22% compare to last year.
-> Montreal, Quebec's City, Population 3.5M, 2nd largest city Canada
after Toronto 9.6M, French speaking, McGill University rank #3 in Canada,
Quebec Province.
- Ottawa Capital, Ave Price = 615,858$
up 16%, Detached 710,000$
Up 18% compare to last year Dec 2020.
-> Ottawa Population 1.1M, 5th largest City of
Canada of population, Capital of Canada, Ontario Province.
- Edmonton, Ave Price =
381,168$
up 5%, Detached 462,000$
Up 8% compare to last year Dec 2020.
-> Edmonton City Population 1.06 M, 6th largest
City of Canada of population, Oil & Gas Industry, Producers, Oil Capital of
Canada, Capital City of Alberta Province.
Update December, 2021
Toronto Home Market including GTA and
City Toronto for November 2021
was released in December, 2021.
Global News :"
Sales top all time high on
record for all months of November. Prices reach all time high
"
=>
In City Toronto,
November 2021, Ave Price =
1,096,736
dollars.
Compared last year Nov 2020 =
$979,460.
- In City Toronto (416), Detached Home =
$1,807,983
all time high.
Price
Up 22.3% =
$330,757
Compared to last year Nov 2020.
-
Semi Home = $1,431,988
all time high
(same Detached Home Price last year).
Price Up 23.4% = $271,077
Compared to last year Nov
2020
=> In GTA (905), Average Price =
1,163,323 dollars
all time high,
compared to last year
Nov
2020 =
$955,889.
-
In GTA, Detached Home =
$1,492,831
all time high. Price Up 32.7%.
- Home Sales:
In Nov 2021, GTA Home Sales more than
3.3%
on record compared
to last year
Nov
2020.
- Home Price:
GTA
Ave Price for all home types combined
$1,163,323,
Up
+21.3%
compared
to
Nov
2020.
=> In Vancouver Home Market
November, 2021. (8th Largest City's Population
in Canada, Province British Columbia)
- Ave Price =
$1,211,120
(#2nd in the world)
- Home Price Up
14.7%
compare to last year Nov, 2020
$1,044,000
- Detached Home:
$1,870,000
(#2nd in the world)
- Price Up:
20.8%
last year Nov, 2020
$1,538,900,
Sales Down:
-7%
- Attached Home:
$990,300
- Price Up 20.2%
compare to last year Nov, 2020
$814,800,
Sales: -3%
- Condos:
$752,800
- Price Up
11.4%
compare to last year Nov, 2020
$676,500
- Sales:
14.7%
=> Detached Home Vancouver is as Same
Price as Detached Home City Toronto, difference only
60,000$,
very small when Ave 1.8M.
=>
Canada Average Home Price in
November,
2021 $720,850 was
released in Dec 15. (update
Dec 17)
- Average home price in the United States in 2021: $374,900
- Price Up: 19.6% .
Sales Down: -0.7% compare
to last year Nov, 2020. But Sales Up 0.6% month-over-month
- Last month October, 2021 $716,285.
Data for Home Canada usually released late in 15 mid-month.
Canadian's Toronto million
dollar real estate ends 2021 with "All
time high"
Why A Million Dollars Home?
- Update: January, 2022
1) Total Income = 60K.
Can Afford Deposit = 60K
-> Home Price Can Afford =
$211,264. ->
By Bank. Not We.
Bank in business to Make Money. Avoid Risk. Not Charity.
Forget about A Million Dollars Home. You can't afford even 1/3
Condos Price 775,700$ in Toronto. Live
in Mobile Home or Rent.
Unrealistic Expectation.Mouth -> See Theory #2.
Click .
NOTE: After Click see Theory #2, you click back arrow
<= web brownser to com back.
2) Today different with 20y ago.
100K Salary + 100K Deposit ->
Forget about A Million Dollars Home Detached & Semi Detached in City
Toronto. Can't even afford 1/2 Price of A Million Dollars Home in
Toronto. -> It is like
to reduce Lamborghini 300K
-> 30K Fit your 60K or
100K.Not We but The Bank said:
Unrealistic Expectation.
3) No One, No Bank in the
World, even rich Canadian Banks, US Banks can Reduce Home Price
from A Million Dollar
Home ->
$211,264
or
$451,310
Fit your Salary 60K or 100K.
It is like to reduce Lamborghini 300K ->
30K. -> Canadian Banks, US Banks saythat: Your
Total Income = 60K.
You can afford Deposit 60K
-> The Property (Home, Town Home, Condos) you can afford is:
$211,264.
Solution:
Better find some where Ave Home Price = $200,000. A lot in US States
like Texas, Florida, Indiana.
The
Power of Real Estate is Leverage.
The Bigger Leverage -> The Bigger Profit Return
-> Become Millionaire fast.
For example; You Buy A Million Dollars
Home = 1.8M with 20% Deposit =
$360,000. The Bank lets you
borrow $1,440,000 is your Leverage,
with cheap Interest Rate 0.25% than Credit Card 25%.
No one lets you borrow such Money or Leverage like Real Estate.
For example; Dan Buy A Million Dollars
Home = 1.8M with 20% Deposit =
$360,000.
His Deposit Money
$360,000
still there as his 20%
Asset of Home, even sell his Home. Peace of mind. Not worry lost all
money to put in Stock, just paper.
Dan Big Leverage
= $1,440,000. Peter Buy A Home =
$500,000 with 20% Deposit =
$100,000. Peter Leverage
= $400,000. This year, Home
Price Up 10%
-> Dan Profit =180,000$.
While Peter Profit only
= 50,000$.
In just 2 years, Dan made
money equal to Deposit =
360,000$.
Thus Dan will Become Millionaire
fast.
Peter never.
Buy A Million Dollard Home.
Like Big Investors buy Stock
big Price like Google 2,910$,
Tesla 1,137$
-> Return Big Profit.
The Power of A Million
Dollard Home Return Big Profit in 1 year.
=> In City Toronto Nov 2021, Detached Home Up
21.2%.
Profit = $314,122.
Question:How long do you work hard
to make $314,122
/ y? => 10y, 15y, 20y.
Only A Million Dollars Home Return
Big Profit in 1 year more than Detached Home in Texas, Florida
return in 30 y.
A Story:
After many years working very
hard, Dan Travels. While
he travels, A Million
Dollars Home works hard,
still makes money this year
$314,122 for him.
Theory #4.
While other people are
working very hard 15 years to save$314,122.
Dan Travels still can make 1 year easily
$314,122.
-> Dan thanks to A Scientist Professor's
The Wealth Effect Theory
to open his eyes, make him
Become Millionaire. The
Professor applied his background as Data & Computer Scientist + 30
years Life Experience in Toronto. For many years following
Toronto Home Market,so
the Scientist Professor sees & understands real Toronto Home Data,
and Benefit of A Million Dollars Home.Which the outsiders will not understand. And common people
can't understand.
Some people
said that Leave Toronto go to Live in Montreal, Calgary, Texas,
Florida, or Some Where cheap Home ->
Dumb.
When still young, only 10 years 29 ->
39 should focus to Make Big, Make a lot Money. Data said most young
people have car, home, a lot of money, Millionaires in 29 - 39. IN
40S VERY HARD TO MAKE MONEY.
Less than 5 in thousands of Cities
in the World with population more than 9 M, have Ave Home =
A Million Dollars Home
like Toronto.
To support
A Million Dollars Home must have large population of Millionaires.
->
People poorbecause
they lack of Knowledge and Data. They think simple Home is A Place
to Live. While rich
People make money by
Knowledge and Data. They think Home is not only A Place to Live, but
also A biggest Investment
for whole Life. So they choose Home like choose a Partner. While you Live,
Home makes Money, very big Money, even makes you
Become Millionaire.Theory #7
What happens if Home Price
Down? Look at GDP formula. Consumption or
Consumer Spending
60% - 65% of GDP more than >
Business Investment + Government Spending + NX
(Exports - Imports). All only 35%.
What is Consumption or Consumer Spending? Every day, millions of
Citizens as Customers Buy Products & Services, Pay Bills, Buy Home,
Cars, Shopping, Restaurant, Buy at Local Businesses, Buy at Small
Businesses' Shop, Pay Taxes ... Which generates "Economic
Activities" called Consumer Spending.
In industrialized Developed countries G7 like US, Canada, Japan,
German, UK, 60% - 65%
its Economy rely on
Consumption or Consumer Spending, mostly the Middle Class. When
House Price drops, their Wealth downs,
they will feel affect. Thus less Spending ->
Which could cause Recession, like
Housing Price dropped
causing big Recession 2008 - 2009 Financial
Crisis -> They cut down Spending ->
Affect GDP, ECONOMY, JOB -> RECESSION
- This is Simple Life - I
also have Home, Car, Swimming Pool, every thing. Happy Life.
=> You Rich -> Your Country Strong.
-
You will not improve, advance
your life if you want simple life. Says A
Scientist Professor, who improved, advanced his life from
Poor, Factory -> Scientist Professor,
from 5$/ hr -> 50 $/ hr
in City Toronto.
In an
country, rich or poor, developing or developed, when you
live alone, self support, independent, you have to pay
this: Tax (Income
Tax, Sales Tax, Property Tax..), Rent, Car, Gas, Phone,
Food, Drink, Insurance,
Clothes, Beauty
(cream, nails..), Tuition Fee, Restaurant, Shopping,
Entertainment. If have extra money then Travel
=> You need
Money
to pay for basic necessities of Living
Expensive. The
biggest need is Home or Homeless.
If you can't satisfy basic necessities, you will never have
happy life. Relationship will be broken. Lost Respect, lost
Dimity. First 2
years is Horney. Next 20y is Money.
No Money, no Horney.
Click
see his [ Cheque ]
50$ / hr, 100K /y Salary
20y ago
in
City Toronto when Ave Price =
$220,000,
even
a Factory Worker Couple each 5$ / hr, both combined 10$ / hr
can Buy Home, although take at least 12 y saving around
25,000$
for 10% Deposit (25K big money
20y ago = 4 month of
Professor's Salary 50$ / hr. A
Factory Worker 5$ /hr could
take 15y Saving 25K),
Teacher 12$ /hr, Engineer 15$ /hr. Today different
Ave Price =
A Million Dollars Home
Scientist Professor D.D said:
" According to my Research, who can
afford a Million Dollars Home, Detached or Semi Detached in
City Toronto is the Real
Man, The Elite. Because you
pass very hard Test of Bank's Requirements for A Million
Dollars Home. "
How big is 100K Salary today? It is big. Today Canadian Public Employees or
Government Employees in Public Sector have Salary at least
>= 100K or 50$ / hr will be on
so called "Sunshine List".
Before COVID-19, I used to go to Temple almost every long
weekend holiday.
A
Story: The Growth of Millionaires in Toronto
Since Toronto established
220 years ago, until today it produced
170,000 - 200,000 Millionaires.
In the last 20y, Toronto has produced more Millionaires than
200 years ago, because of Home. Thailand
thousands of years established country, but produced only
20,000 Millionaires.
It is Not fair when comparing Canada with a developing
country in Asia like Thailand. We should compare Canada with
richest, developed countries in G7 like US, Japan, UK, German,
France, Italy. We do
Click here.
There are people live in City Toronto
become Millionaire, Multi Millionaire fast only 20 years when Ave
Price from $220,000 -> 1.1 M, increased 5X, more than
Double in every 10 years, as of end of year 2021,
Detached 1.81M, Semi Detached 1.43M.
While other people from other City, other Country, even in Toronto,
it takes many Generations over 100 years working very hard never
happen. A very big Dream. The gap between Rich and Poor wider,
bigger in Toronto. Opportunity doesn't
come back 20 y ago for people want to
buy home in Toronto. (Update Jan 2, 2022)
Scientists Talk Data
from reliable source. Not Mouth Data self speaking.
Quick How Much
You Can Borrow From Bank
Today Buy Home different with 20y ago. 20y ago, a factory couple
combined salary of minimum wage 5$/hr can Buy Home in Toronto when
Ave Price
220,000$. Today in Toronto,
Ave Price =
1.1M, Detached 1.9M, Semi Detached 1.5M.
And Stress Test by Bank since 2018 to make sure Buyers have
requirement such as Salary so that they don't abandon their home
because they can't pay mortgage. Stress Test made it more difficult
to buy home. However, Banks always are flexible depending each case.
Today Buy Home, You need to provide these Info to the Bank. In
this example:
1) House Hold's Salary or Income:
100,000$,
or
200,000$ (for A Million
Dollars Home)
NOTE: Few cases:
1) 1 x Income is your Income: 100,000$
2) 2 x Income is Your Income =
50K + Partner's Income = 50K, a
Couple's Income = 100K
3) 4 x Mini Wage Income 15$/hr = 4 x 28,800$ =
115,200$
2) Monthly Total
Expensive: 600$.
Including: Car Loan, Debt,
Credit Card ... -> Less Expensive better Loan, easy
approved.
3) Down Payment
(Deposit):
100,000$,
or
$300,000 (for A Million
Dollars Home) -> More Deposit, better Loan.
Reduce Interest Payment.
4) Mortgage Payment
(or Amortization is time to pay off Home): 25 years
+ Mortgage Rate in 2021: 2.95%
Result of your Home Mortgage
25 years pay off by Bank:
1)
For 100K Income and
Deposit 100K, monthly Expense = 600$/ mo,
You can borrow to Buy Home, Home Price
= $451,310
2)
For Income or Salary 200K ,
300K Deposit, monthly Expense = 600$/ mo, you can borrow
to Buy Home,
A Million Dollars Home Price =
$1,010,092
- Your
Mortgage
after Deposit = $351,310
or $710,092
(for A Million Dollars Home)
- Monthly Payment = $1,466 /
month or
$3,120 / m
(for A Million Dollars Home) ->
Very cheap than Rent. ->
Rental Income
= 1,700$ / mo
(2nd Floor, Exit Different Door) -> You pay
Mortgage
= 1,420$ / mofor A Million Dollars
Home.Very cheap
than Rent. In Toronto, Condo 2 Bed-rooms, Rent =
2150$ / mo
=> That's why A Million
Dollars Home affordable in
Toronto. A lot of Demand.
- Rent A Room of Home around 350$ -
400$
- Condos Rent in Toronto.
Immigrants like to rent 2nd Floor, usually 2 Bed Rooms,
separate Exit Door, Kitchen, Parking front Door. Cheaper
than Condos, no elevator, less crowded in COVID-19 in
Condos.
-
Closing Cost
around 3% = $13,539
or
$30,303
(for A Million Dollars Home) .
-> Use Data, you see
Toronto not expensive to Live.
You can Rent a whole 2nd Floor
2-bedroom for
1500$ / mo. Most Immigrants
Rent this way. Homes in
US, Canada has 1st Main Floor and 2nd Floor with different Exit
Door. Each Floor has separate Kitchen, Bath Room ..
Have A Million Dollars Home.
And Become Millionaire
-> This way easy. After 20 y, you Become
Multi Millionaire,
because A Million Dollars
Home
Increases BIG Value after 1y, 5y, double 10y -> The Power of
A Million Dollars
Home.
- An Elite Millionaire Couple in City Toronto.
Maybe they already paid off
A Million Dollar Home, which could be 1.5M, 1.9M, 2M, 3M.
Congratulation! The girl smiling gesture suggesting She
likes to be with her boyfriend, an Elite Millionaire of City
Toronto, Wealth & Educated & Salary.
-> A Result of 20 y Hard work and Reward. Do Not Believe in
easy Money, easy Deal, easy Mouth. No quick Rich,
no quick Millionaire.
->
People poorbecause
they lack of Knowledge and Data.
Finally, Who can afford Home in City of Toronto ->
You are Real Man, the Elite.
You pass the most challenge and
difficulty of your Life is "Buy A
Million Dollars Home".
Not easy. Base on Data of Bank's Requirement
(like pass the Requirements to get in Harvard
University),
you must have
Salary at least
$200,000
and
$300,000
Deposit in order to qualify for
A Million Dollar Home.
-> See
Theory #2.
Click
.
Why Buy A Million Dollar Home?
-> Because 1)
Big Profit Return.
Big Increase 1y, 5y, Double in
10y
2) Easy way
Become Millionaire, Multi
Millionaire.
Just Live in A Million Dollars Home.
3)
The Power of big Leverage.
Borrow Money cheap Interest Rate to Become Millionaire.
No one lets you borrow such cheap big Money because of cheap
Interest Rate like Real Estate. The Money you Borrow from the Bank
is "Leverage". See
Theory #13
How can we estimate
that A Million Dollars Home in Toronto will double in 10 years?
1) We use
Einstein's Rule of 72. What is it? The Einstein's Rule
of 72 is an easy way to estimate how long it will take for an
investment to double by dividing
72
by the Annual Rate of
Return, you can get a
rough estimate of the number of years it will take to double
your initial investment. => We use Ave Price
of a whole City for calculation for
accuracy, fairness, official Data.
As we said, Scientists use Ave Price
for Forecast, Analyst, Calculation of % Home Sales, % Home Price,
the Increase of Home Price, Home Sales of A City in the World,
Global. We can't pick up
some specific areas, Downtown of the City, few Condos 10 Million
Dollars, Mouth Exaggerate Data in order to represent Data for a
whole City.You have to
use Official Ave Price of Properties actual
SOLD
spreading a whole City, at any streets, at any areas, any Districts in the City.
2) We know Annual Rate Of
Return or Home Price Appreciation Toronto.
- In 10 years Annual Rate of Return or Home Price Appreciation is
10%.
Thus will double 72 / 10 =
7.2 years.
- In 40 years, Home Price Appreciation
6.73%.
Thus double = 72 / 6.73 =
10.7 years.
Thus we get the Result Home Price in
Toronto double in
7 - 11 years, next Double
= 2 x
$1,096,736=
$2,193,472in 7 years.
Thus create a lot of Multi Millionaires over 2M.
1)
If you already have A
Million Dollars
Home
of Detached 1.81M
or Semi Detached 1.43M
in City Toronto, Detached
1.49M
in GTA, for 20y, Deposit at least 20%, next 6 - 7 years will
Double -> You become Multi Millionaire, top 2% population.
2) If you just buy
A Million Dollars Home
less than 12 years since 2010
with at least 20% Deposit, next 6 - 7 years double, you will
become Millionaire, top 5% population.
3) If you don't have, can't afford
A Million Dollars
Home,
you never will.
Affordable Rent
better Help. Don't Regret
nor Jealous. Not Politician, not Bank, not Scientist
reporting & explaining Data, not any body's fault.
Time has changed.
20y ago Big Mac 1$, today 6$.
Minimum Wage 5$/hr, today 15$/hr.
============= To
become Elite Toronto like Gold Medalist, but
different kind of Gold Medalist,
different kind of GAME Competition, because
you don't need be tall, strong body like Athletics in
Olympic. You need
to be smart, use your Brain. You need
to have big Dream, work hard, study hard, be smart, a desire
to be Rich, for better life
not simple life.
- A Millionaire Couple on the beach.
- Miserable losers
will not like, want to pull you the same their bottom level.
When you are success, rich, Millionaire, a lot people will
not like. But you keep climbing on top of mountain.
- You Rich, Your
country Strong. Why?-
You Rich because you work
hard. You make clean money, pay tax, no stealing, no
corruption
-> You produce a lot of Products
& Services. -> Contribute to Society. Increase GDP -> You
are reward by Money to buy Home, Car...
Become rich powerful Consumer Spending
-> You Double Help increase GDP 1) As Producer,
You Produce products & services. Get reward by Money
2) As Rich Consumer, You Buy Products & Services ->
Thus,
Not only You Rich. But also Your
country Strong. Don't Talk "I Love my Country" by Mouth.
Words easy. Take
Acton. Be Rich.
Pay Tax, is "I Love My Country".
-------- Toronto is a big City 9.6
M population with 100 of Nationalities of best Immigrants
accepted by Canada from all over the World, a lot of
competition, like Olympic competition, not Local
competition. Vancouver compares to Toronto like a small
town.
Immigrants start new
life in Toronto, work hard, big Dream.
While
also there are a lot of Immigrants became
"Miserable Losers".
Because Toronto is Olympic Competion, where A Million
Dollars Home. Not easy.
Since Toronto established 220 years
ago, it has produced 170,000 - 200,000 Millionaires.
In the last 20y, Toronto has produced more Millionaires
than 200 years ago, because of Home. There are people live
in City Toronto become Millionaire only 20 years.
While other people from other City, other Country, it takes
many Generations over 100 years working very hard never
happen. A very big Dream.
You will not improve, advance
your life if you want simple life.Click here
We ask A Canadian Scientist Professor to explain:
- In 2000, Ave Price = $230,000$. In 2010, 10 years later, Ave
Price =
$433,000
Dollars = Double
- In 2013, Ave Price = 542,174$. In 2021, 8 years later, in
2021, Ave
Price =
$1,096,736
Dollars = Double
-> Bigger Ave Price, the Double Bigger & Faster. First 10 y Ave
Price = $230,000, small Double =
$230,000 x 2. Since
2013, Ave Price =
$542,174 x 2
-> Bigger Double & Faster, less years = 8y. Next Double
2 x
$1,096,736=
$2,193,472
could be 7 years, bigger & faster
than previous one, like "compound
Interest". Not too much
increase, but because its Ave Price big 1 Million Dollars
Home.
For example, Google Stock Price 2900$, increase 10% = 290$.
While A Stock Price 30$, 10% increase = 3$. Google stock
can't increase as same Price as 30$ Stock = 3$ = 0.0001 =
1/1000 %. Impossible.
No one will buy Google Stock.
Google will be eliminated,
collapse.
-> In the last 20 years,
Toronto Home Market has been thru many corrections, such as, a
Housing Bubble in 2008 - 2009 causing big Financial Crisis
Recession, many mini corrections "soft landing" Home Price, Ups &
Downs Home Price. But in the end, it is still rising in 20 years from Ave
Price
220,000$
in 2000 -> 1.1 Million Dollars
in 2021, an increase 5X, more than Double every 10y. Not just Toronto,
Vancouver but
a whole country Canada as well.
NOTE:
The
Home Prices of Top 7 Housing have risen 20y since 2000 -> 2021.
Canada's Home Price has risen 170% #1, near
double 2x UK 96.31%, 2x France 95.6%, 3x US 55%, 6x German 28.53%,
24x Italy 6.83%.
Canada began taking the lead in 2012. (Source: OECD
= Organisation for Economic Co-operation and
Development)
=> Vancouver in Top # 2nd Home Price in the World, thus as same as
Toronto.
See Data Click here
NOTE: A Million Dollars Home is Ave Home Price >=
A Million Dollar Home not Home Price >=
A Million Dollar Home.
Both Price different. Every City in the World has Home at least >=
A Million Dollar Home.
But less than 5 in thousands of Cities in the world have Ave Home
Price >=
A Million Dollar Home
People poor because
lack of Knowledge and Data. They think they get cheap Home is good.
But
they waste time to Play small Game, small Dream.They waste time working hard every day
9am-5pm, 20 years for Nothing, like
True Story of 4 Friends.Click Here
Toronto Home Data of November
2021 last month released in December, 2021.
Home Average
Ave
Price for November 2021
Last Month
October 2021
Last Year,
November 2020
Profit compared
to last year The
Power of Return of Real Estate in Toronto just 1 year is proven by
Data
City Toronto
(416) Toronto
9.6m = City of Toronto
3 m + GTA
(District around Toronto) 6.5 m
- City of Toronto Population 3 m.
Center of Financial Hub, Stock Market TSX, Big Banks, Gov Agencies.
- City of Toronto is Capital of Ontario biggest Province. Its
Municipalities: North York, Etobicoke,
Downtown, East York. Toronto is multi-culture more than
100 nationalities & languages. Next year 2021, 401,000 Immigrants
come to Canada, most of them will settle in Toronto. Hundreds of
thousands people look for place to live, which pushes the Demand for
Housing in Toronto. Click
See Map.
--------------------------------
Toronto is the City, Ave Home Price rank in Top #2, #3 in the world,
same as Vancouver.
If you have Home,
Ave Home Price
tells
How Much Rich, Wealth
quickly.
Says a Scientist Professor.
->
Like you know quickly. 1)
- Henry drives Lamborghini
300K is
a lot richer
than Peter drives Camry 35K.
2)
- Jennifer has Home in Cali Ave Single Family,
Detached Home Price = $727,828
is
a lot 2x richer than Ana has Home
in Texas Ave Home Price
247,212$,
Florida Ave 297,390$,
Minnesota Ave 301,476$,
Virginia Ave
328,640$ ... 3)
- Dan has Detached Home in City Toronto
1.8M
is
a lot richer than
Peter has Detached Home in GTA
1.45M. And Peter is a lot richer
than Dave has Detached Home in Ottawa
725,000$. 4)
- Dan has Detached Home in City Toronto
1.8M
is
as same as Dani has
Detached Home
in Vancouver
1.83M
(#2 in the World). The different is only
50K
not much when Ave Detached Home Price
1.8M.
The difference between Dan and Peter
has Detached Home in GTA is a lot
327,000$.
5) -> Dan has Detached
Home
1.8M in City Toronto is
double richer than
Jennifer has Single Family or Detached Home
$758,990 (highest, a record from MSN)
in California. Big Double Difference
= 1,040,000$. 6) True Story: 4
Friends
started Life = 0, 20 years ago.
20 years ago, Dan choose to live in big City Toronto. Henry
liked to live in civil, nice, quite Capital Ottawa. Helen
lives in US Texas. Peter lives in US, California, a US
State very high Home Price.
Rich people can afford to live in California.
Four Friends
have Home, working hard. Same.
We want to know their Asset after working hard 20 years.
Any one Becomes Millionaire.
Look @ Home.
We don't care their Salary, Car, Clothes, Mouth
(Theory #7:
90% Asset is Home.
Theory #4 =
Home makes you Rich, Millionaire, not Salary, Car...)
=>
After 20 years, 4 Friends paid off Home. Only
Dan
became A Millionaire.
1) Dan's Asset,
Ave Detached Home = 2.1 M,
in 2022 in City Toronto.
At
20 years ago, Dan bought Home in City Toronto,
Ave = 220,000$. 2) Henry in Ottawa, his Asset is Ave Detached Home 2021 in Ottawa
725,000$.
3) Helen in Texas, Ave Detached Home 2021 Texas
247,210$.
Helen's Asset
=
247,210$. 4) Peter in California, his Asset
$758,990
is Ave Detached or Single Family in California
(MSN, Ave Single Family =
$758,990 highest on record in California
in March 2021)
=>
Henry in Ottawa, Helen in Texas, Peter in California are regretted
wasting 20 years working very hard, same. But reward difference.
=>
Do Math 5. You just need to know
Ave Detached Home Price
each Location. We don't care how much they bought home 20y ago. ->
Then know Asset. ROI
(Return On Investment).
We know Dan bought Home 20 years ago in City Toronto,
Ave = 220,000$. But we don't
know others. But we don't care. We just want to know Ave
Price, Market Home Value of current year 2021.
All about Ave Price is Official Data is used by Industry
like MSN in other to calculate, compare fair Home Price between
Cities, Countries, Global, not Mouth Data.
The Wealth Effect
Theory #11.
"Home
Expensive, A Million Dollars Home is not because of Big Home,
Small Home, Beautiful Home, but because of Location." Real Estate is about Location,
Location, Location. Choose best
Location to Live. Don't Live in Location because Home is
cheap. Big mistakes for Henry, Helen Wasting
20 years of Life.A True
Story.
1) What did you learn this Story? -
A lot.
2) What Income of Henry, Helen will make them become
Millionaire
like Dan?
- Need Salary 200,000$ -> 250,000$ / year continuously working for 40y. While Dan became Millionaire
because of Home.
3) In 30 years you
will pay off your Home. How much Asset do you have? - Look at
Ave Price
at Location -> Know "How Much Rich" For example;
Helen in Texas must work hard 30y to pay off Home, but after
30y Saving only 247,210$.
Helen Buy Home only 10y in 2012. Must work another 20y to have
247,210$
= Ave Home Price in Texas 2021.
4) Would you want to live in Texas to work hard 30 years in
order to have 247,210$
or in Montreal$499,750?
=> No. You want to
Live in Where's A Million
Dollars Home.
Only A Million Dollars Home Return
Big Profit in 1 year more than Detached Home in Texas, Florida
return in 30 y. In 2022, Detach Home in
City Toronto return $389,916
in 1 year. See Why.
Click Here.
=> A Canadian Scientist Professor applied his background as a
Data & Computer Scientist + 30
years real Life Experience, Grow Up young @ 18, Live, Study, Make
Ends Meet in Big City Toronto,
his Home Town, where A
Million Dollars Home
created only few Cities in the World.
He makes it clear for
people understand.
$1,096,736
Ave Price = 1.1 millions
= Average of All Properties
Detached + Semi + Town Home + Condoshad
Sold.Theproperties
sold spreading every where in the City.
-> Same calculation
Ave Price to avoid
"mouth data"
specific expensive areas, downtown area, or pickup few luxury condos over
1-millions, or property not SOLD, my Home, his/her Home, their Home,
this Area, that Area, this Street, that Street
... So many numbers, so many Data,
"Mouth Data" very hard to Analyze, Not Official
Data, inaccurate, unscientific, biased, mean Nothing,
fake Data.
Scientists Don't Work on "Mouth Data"
not Scientific, not Official Data. Can't Analyse. Can't Calculate.
Mouth Data
For example;Use Ave Home Price
we can Calculate the Percentage (%) of Home Sales, Home Price...Then
We can Analyze Home Market, Fore Cast, Evaluate...
We work on one Number, one Data that is
Ave Data, most accuracy, "Official
Data", Scientific Data ->
This Ave Data
is calculated from
thousands of Home Data had
SOLD in
a Platform's Database Computer System. Their Developers
design and program.
Very complex coding
Algorithm
-> Says A Canadian Professor who is Teaching
Data Management and Building Database, Software to manage & analyse
data.
For example, Hong Kong, Vancouver and Toronto, California,
Texas, Canada, US and Europe -> Use same Ave Price Data easy to
compare Home Price.
For example, Ave Price Canada =
$727,828, Ave Price US =
$329,100. Ave Price Montreal =
$484,255, Ave Price Toronto =
1.1m -> "Official Data".You can see the
difference right away, scientific, fair calculation, accuracy. No
mouth Data. No argument blah blah.
Can't
argue with Data.
Different between
Educated and Uneducated, between Science and Common, between
exaggerate Mouth and Data, between Data Intelligence and Emotional
Intelligence.
Don't believe in Mouth, Eyes, Ears, Car, Cloths, FB, You Tube,
Social Media ... But believe in Data.
=> No one keeps money in Bank Account, specially Rich people. -> If
a person keeps money in Bank Account. Then he/ she is not Rich.
To know a person's Wealth:
Home. 90% Wealth is Home
according to The Wealth Effect
Theory #7. (See WHY)
1) Ownership How Long at least 20y based on Age.
Buy Home since 2007 less than 15y still
Bank's Home. 2) Deposit 5, 10, 20% to Buy
Home. Before Buy Home, Work at least 10 years saving for Deposit
depend on cheap or expensive Home. In Toronto need 25 years for
Saving to Buy Home with Salary 200,000$. Ownership + Deposit
-> let you know How Much Equity (Wealth) of this person and the Bank
that lends money. Most people buy home to pay
off 30 years. Unless they have big salary like Doctor, Professor...
For example;Fake Debt
Millionaire.
+ Location. Where
Live.
+ Ave Home Price.
Best estimate Home Price of this Location based on
scientificOfficial Data
from many Homes had SOLD in this Location.
Not Mouth. Not my Home,
his Home, their Home, a few Homes, and Not Yet SOLD, which
does not reflect accuracy Home Price of this Location.
=>
You must use
Ave Home Price to
compare Home Price fair between Location, City, Country.
=>
Good to know "How Much Rich"
your Partner by looking @
Ave Home Price.
No Home = No Thing. No blah.
People are poor
because they lack of Knowledge and Data.
Home is A Place to Live also
A Biggest Investment Whole Life.
- Warrant Buffet said:
" If you don't find a way to make money while you sleep. You
will work hard until you die"
- Dan said: " Find a good Location
and Live. You became Rich, Millionaire. Money grows while you Live."
People are poor
because they lack of knowledge and Data.
Home is A Place to Live also
A Biggest Investment Whole Life.
-> Wasting 30 years of Life. A Story of
4 Friends Started Life = 0
Teaching A Big Lesson => See
The Wealth Effect Theory
#4, #6, #7.
Scientists Talk by Data not
Mouth.
$1,112,463
"- Mouth Data
is self-speaking, self-smart, self-created,
"I think so",
people said so, direct
from mouth, no source, not "official Data". Same as
false information, blow up price, exaggerate." => When people want to Buy
Home over 1 millions dollars. The first thing you ask is Salary:
-> Are you Professor, Doctor, who have salary over $150,000 /year?
If they are NOT, forget about it. Waste Time. Mouth.
Average
Single Family Home or Detached
in 51 US States in 2021.
California's Ave Single
Family or Ave Detached Home = 684,000$, Vancouver, Toronto Ave Detached = 1.8
M.
All
is Data. No Biases.
To compare Home Price between Location, City, Country, Global,
Scientist used Ave Home Price. Not Mouth, My Home, His
Home, Their Home ..
This is Ave Home Price and Ave Single Family Home or Detached Home
in 51 States in US in 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
- Average home price in the
United States in 2021:
$374,900
-
Average Home Price in the Canada
in November 2021:
$716,825. Up 18.2%
compare to last year Nov, 2020.
- According to
The Wealth Effect Theory #3
that Canadian Middle Class is richer
than American Middle Class based on Ave Home Price of a whole
country. Ave Home Price Canada =
$716,825.
vs.
US
Ave Home Price =
$374,900.
=> 65% Canadian population are
Middle Class have Home.
According to The Wealth Effect Theory #7,
Canadian Middle Class could be
the richest Wealth Middle Class
in the World.
OECD's rank Canada Rank#
1 in Home Price Growth in most Housing Growth in the World
since 20 y, 2000 -> 2021, like 3x US, 6x Germany, 2x France,
2x UK, 24x Italy. OECD =
Organisation for Economic Co-operation and Development. GDP / Capital: is Gross Domestic Product (GDP) divided
by population. Measure "How
Much Wealth / Person"
of a country, Canada
Rank
#2
by World Bank. Home Price: Measure "How
Much Wealth / Middle Class"
have Home of a country. 90% Asset of Middle Class is Home. => Home Price & Canada's GDP/ Capital rank #1 or #2 in the World.
Combine these 2 Data, we say that Canada is
The
Richest Country in the World
=> See Data Click here
$979,460
Profit =
$117, 276
------------------------------------------------------
Every year. 65K -> 75K equals
to salary 150,000$ /y returns.
Thus:
1 x Home = 150,000$ / year salary return
2 x Homes = 300,000$ / year salary return
3 x Homes = 450,000$ /year salary
return " For example; You
make 50,000$ / year. But after spending, minus for Tax, Rent,
Car, Insurance, Food, Debt, Restaurant, Travel, Misc Spending,
Phone... you have 6000$/
yearreturn (as example.
maybe more). That counts 6000$ / year not 50,000$.
It doesn't matter How Much you
MAKE.
How Much you HAVE
that counts. Millionaires make big money by brain. => How long do you work hard to Have 100K? - 10y, 15y, 20y, never?
Detached
Home (Single Family Home) A Home stand alone on street. Size,
area same as Semi Detached. Not bigger. In
Canada, people like privacy, stand alone, even only 2 homes
attached. That's why
expensive.
Ave Property Tax = 499$ / month.
Detached:
Click here
- Ave Detached Home =
Ave of All Detached Homes = 1.7M already
sold that month
in the City Toronto. Different with Ave Price.
- For example; Ave Home Price of City of Toronto = Ave Home
Price of GTA = 1.1M. But Ave Detached Home of City of Toronto
= 1.7M is much
higher than GTA = 1.3M
-> Detached Home City of Toronto most expensive Home #1 in
Toronto, #2 in Canada, and Number #3 or #4 most expensive Home in
the World. Currently, Detached Home Vancouver #2 most expensive Home
in the World.
-> Categorized as
A Million Dollars Home.
=> Ave Home Price of Detached Home
Toronto = 1.7M, its
"Real Price"
could be 3M like this
Home.
=> NOT FAIR, NOT ACCURATE, BIASED if compare Home's Real Price with
Ave Price. Should use same Ave Home Price.
=> That's why for fairness,
Real Estate Industry use Ave Home Price,
same Calculation, same Rule,
fairness to compare Home Price every where, every City, every
Country. For example, MSN said :" the Average Sale Price
of a single-family home in California hit a record
$758,990"
-
The
Wealth Effect Theory:
Home + Location + Ave Price
tell How Much Rich you are. No need Blah, Blah.
For example; Compare
California Ave Single Family Home =$758,990
(not Categorized as A Million Dollard Home)
with Ave Detached Home Toronto =
1.8M
(Categorized as A Million Dollard Home)
-> Will tell you where is Richer Elites, who can afford
Ave Home = A-Million Dollard Home.
=> We base on Ave Official Data, not Mouth. According to
The Wealth Effect Theory #13 is -> A Home is categorized as A
Million Dollard Home if its Ave Home is over
A Million Dollar Home.
This tells you that this Location has a lot of Richer Millionaire
Elites who can afford A Million Dollars Home that they are
pushing its Ave Home Price >= 1-Million Dollars. This does not
happen easily to other Cities, Locations in the World.
$1,807,983
(All time high)
Price Up
22.3%
Home Sales
Down:
-1.2%
- Compared to last year November 2020
=> Detached Home Vancouver is as Same
Price as Detached Home City Toronto, difference only
60,000$while Ave 1.8M
If
you invest 300,000$ for 20%
Deposit to Buy a
Detached Home 1.48M in City Toronto last year
9/ 2020. Then travel -> After 1
year, You will have Profit
$291,806
= 97% ROI (Return On Investment). Proven by real Data
of Number so that you can see easily.
- How long do you work in order to have
300K? - 10 y, 15y, 20y?.
With salary = 100K, after paid for big Tax, Mortgage or Rent, Car,
Food, Living Expensive, Travel ...-> You have to work very hard
15 years in order to save 300K.
For example; If you live in
California, Ave Mortgage Payment (Big Mortgage) to Media (Ave)
Income = 56% + Tax = 30% (Big Income > 100K). Thus after
Tax + Mortgage =80% of
Gross Income. You have left only
20%
for Car, Car Loan, Gas, Insurance (Home + Car + Others ...), Food,
other Living Expensive, Phone, Entertainment, Restaurant, Drink,
Travel... See Link Ave Home Price in 51 US States:
https://www.fool.com/the-ascent/research/average-house-price-state/
.
Not much Saving with Salary 100K
to live in Cali with Ave Single Family or Detached =
758,990$. Home sucks
1/2 Income every month. If you already owned Home ->
You OK.
=> This Cali is applied as same as Vancouver, Toronto Ave Detached =
1.8M.
The
Wealth Effect Theory:
Home + Location + Ave Price
tell How Much Rich you are. No need Blah, Blah.
=> Do not worry about Price. Worry about if there are people's
Demand with that Price. For example;
A Home is categorized as A Million Dollars if its
Ave Home Price is >= A Million Dollars.
Like Detached, Semi Detached Home in Toronto.
- Detached Home City of Toronto most expensive Home, #1 in Toronto,
#2 in Canada.
-The Average Single Family Detached Home in California in March,
2021 highest on record was:
$758,990,
a
23.9%
increase from a year ago.
From MSN:
- March 2021 was the highest
Home Price on record ever in US & Canada. After March, 2021, US &
Canada Home Price decreased a little bit, or flat. California has
highest Home Price in US.
- Single Home Family or Detached Hone in California AVE =
$758,990 is
a lot less near 1/2 than Detached
Home in City Toronto AVE = 1.8M.
- Scientists recommend use
Ave Home Price
like MSN if you want to compare Home Price
between Location, City, Country, Global. Not MOUTH used by common people
like my Home, his Home, their Home...
$1,784,979
Last month
People who cashed out or sold home
previous peak was not only Lost
= $ 200,000
in 4 years,
but also lost 4 years
RENT
= 3000$ x 12 x 4 =
$144,000.
Total Lost
= $200,000 + $144,000 + $50,000 Commission & other moving
cost=
$400,000
and could not come back Buy Home.
You can't time the Market.
Home like Stock, sometime,
just 1 month Home Price up 30%. Because take a month for Home update
Price. For Stock in second. ->
So fast.Bang!
You can't jump in time to Buy. Lost opportunity. Property comes Down
always back Higher in the last 30y. Hold for Long Term
20y.
Let compound Interest work for you.
Do not worry about Price. Worry about if there are people's Demand
for that Price. If not, Price goes Down self-correction.
Mac Donald's Big Mac 20 years ago 1$ dollar. Today 6$, 6x more
because of 1)
Inflation. Money, Car lost
value overtime. Home, Gold increased value.
2)
Cost. 20 y ago, Labour 5$/ hr,
today 20$ /hr, 4x increased, as same as Materials, Lumber...
$1,477,226
Price last year November 2020
Profit =
$330,757
If
you invest 300,000$ for 20%
Deposit to Buy a
Detached Home in Toronto last year, you will have Profit
$291,806, 97% Return on Investment
------------------------------------------------------
-> For Detached Home, 3x more than Ave return 65K -> 75K every year Before COVID-19, In Feb, 2020 Detached Home =
1.48 millions.
Post Lock Down COVID-19, In June, 2020, Detached =
1.52 million dollars.
At peak before COVID-19, Detached Home in Toronto =
1.57 millions dollars
Semi-Detached Home
2 Home attached, not separated on street. Size, area same Detached
home. Every day, easy go to work & back home. Your car is in front
of the house.
- Ave Property Tax = 299$ / month
- At any time, you can always upgrade from Semi- Detached to
Detached Home easily, because you already had Home, and had
paid mortgage at least 10y.
-> Semi Detached Home City of Toronto most expensive
Home #2 in Toronto, and #3 in Canada.
-> Categorized as A Million
Dollars Home.
$1,431,988
(All time high)
Price
Up:
23.4%
Home Sales Down:
-15.8%
-
Compared to last year Nov 2020
- Same Price of City Toronto Detached Home last year Nov 2020
If
you invest 220,000$ for 20%
Deposit to Buy a
Semi-Detached Home 1.14 M in City Toronto last year
2020. Then Travel. -> After 1 year, you will have Profit
$158,945
= 72% Return.
Proven by real Data of Number you can see easily.
- Single Home Family or Detached Hone in California
$758,990 is
a lot less than Semi-Detached
Home in City Toronto = 1.43M.
$1,322,229
Last month
-> Does it jump too much? Actually it was 1.1m
already 4 years ago at peak 2017.
Its highest Price was last Feb, April 2021 =
1.32m
-> It ups from last peak to this peak =
224,000$ or 20%
->
People who cashed out or sold home
previous peak was not only Lost
= $ 224,000 = 20% in 4 years + Pay Rent in 4 years = 3000$ x 12 x 4
= 144,000$.Total
Lost = $
224,000
+ 144,000$ + 50,000$ commission
= 418,000$.
Because of selling their Home. 2
but also could not come back Buy Home. Should hold Home for 20y to
see Profit. Home or Stock, long-term working.
(update Aug 14,2021)
$1,160,911
Price last year Nov 2020
Profit =
$271,077
If
you invest 220,000$ for 20%
Deposit to Buy a
Semi-Detached Home in Toronto last year, you will have Profit
$158,945 or 72% ROI
------------------------------------------------------
-> For Semi Detached Home, 3x more than Ave return 65K -> 75K every
year Pre COVID-19, In Feb, 2020 Semi-Detached Home =
1.20 millions.
Post Lock Down COVID-19, In June, 2020, Semi =
1.29 million dollars.
Town Home Town Home is not on
the street like Detached, Semi Detached.
A Community, Village of Home, a lot of them, hundreds, thousand
built close together. Some Communities of Home include sharing
swimming poor, school, gym ..like a Village.
$981,759
Price Up:
19.7%
Home Sales Up:
5.5%
-
Compared to last year Nov 2020
$1,025,257
$819,752
Price last year Nov 2020
Profit =
$162,007
------------------------------------------------------ Pre COVID-19, In Feb, 2020 Condos =
846,465$ Post Lock Down COVID-19, In June, 2020, Town home =
853,339$.
Condos Apartment, including sharing swimming
pool, gym ...
$745,951
Price Up
16.5%
Home Sales:
44.3%
-
Compared to last year Oct 2020
- Condos in City Toronto back. Demand high -> Price high. During
COVID-19 last year, people move out Condos in City to GTA.
$739,647
Last month
$640,208
Price last year Nov 2020
Profit =
$105,743
Pre COVID-19, In Feb, 2020 Condos =
722,675$ Post COVID-19, In June, 2020, Condos =
672,465$.
GTA(905) GTA = Greater
Toronto Area. Suburban Districts
outside of City of Toronto. Population 6.5m.
Districts:
Mississauga, Vaughn, Markham, Brampton
... Click
See GTA Map.
NOTE: Before
COVID-19,GTA Ave Home Price and GTA Detached Homeunder
1-Million. During COVID-19, people move out the City of Toronto
to GTA, suburban districts around Toronto. Which is pushing Home
Price in GTA, Ave Home = 1-Millions and GTA Detached-Home = 1.3 M.
-> GTA Detached Home most
expensive Home #3 in Toronto, and #4 in Canada
-> Categorized as
A Million Dollars Home.
$1,492,821
(All time high)
Price Up
32.7%
Home Sales Down:
-10.2%
NOTE: Before
COVID-19,GTA Ave Home Price and GTA Detached Homeunder
1-Million. During COVID-19, people move out the City of Toronto
to GTA, suburban districts around Toronto. Which is pushing Detached Home
Price in GTA same Semi-Detached Home Toronto.
$1,459,083
Last month
Actually it was 1.09m
already 4 years ago at peak 2017 then Price cooling down.
Its highest Price was this month March, April
2021 = 1.32m (update
April 19, 2021)
-> It ups from last peak to this peak =
221,000$ or 21%
$1,124,286
Price last year Nov 2020
Profit =
$368,535
Data Compare to last year Nov 2020
3 bed rooms, 2 bath rooms - All in City of
Toronto
Toronto Home Market including GTA and
City Toronto for October 2021
was released in November, 2021.
Usually, fall season market is typically busy with higher sales
volume and price higher.
The Globe And Mail says :"
Things are heating up again"
-
In City Toronto,
October 2021, Ave Price =
1,112,463 million
dollars.
Compared last year Oct 2020 =
$1,027,280.
- In City Toronto (416), Detached Home =
$1,784,979
Price
up 21.2%.
Compared last year Oct 2020.
-
Semi Home = $1,322,229
up 14.4% compared to last year
Oct
2020
- In GTA (905), Average Price =
1,155,345 million
dollars,
compared to last year
Oct
2020 =
$968,535.
-
In GTA, Detached Home =
$1,459,803
up 29.7%.
- Home Sales:
In Oct 2021, GTA Home Sales Down
-6.9%
compared
to last year
on record Oct
2020.
However, Sales increased relative to August, 2021 last month. Which
means Sales in Oct, 2021 begins picking up trend after many
months down trend.
- Home Price:
GTA
Ave Price for all home types combined
$1,155,2345,
Up
+19.3%
compared
to
Oct
2020.
Important News
1) What are main factors to make Home
Price Up?
1- Record Low Interest. Demand side
2- Record Low Home Inventory, Home Listing. Supply side.
3- Wealth creates more Wealth -> Large population of Millionaires
who are customers also are created, Rich by Home. Demand side.
-> The Wealth Effect Theory #8:
High Home Price -> More Millionaires created -> More Demand for
A Million Dollars Home
-> Large Millionaires' population are customers who
can afford A Million Dollars.
Toronto has A strong Foundation of Millionaires
Customers to support A Million Dollars Home.
-> It is like to sell Lamborghini 300K, you must sell to rich
Customers who can afford Lamborghini.
4- Population increased. Demand side.
->
Each year Canada receives around 400,000 Immigrants.
Most of them settle in Toronto big demand for both Home and Rent,
thus push Home Price high
5- Inflation. Rent = 0. Only Home,
Gold increase value. After 10y Car = 0, Money
lost value.
-> Every thing, Price Up overtime. Cost of Labour,
Salary (mini wage 20y ago 5$/h =800$/m
-> 15$/h = 2400/m today in Ont, Canada), Materials, Lumber to Build Home. 20 y
ago, Big Mac 1$, today 6$, up 6x.
2) In US, majority people Buy Home
with Deposit 7%. Less than 20% requires to pay Mortgage Insurance
PMI extra cost.
For example;
500,000$ Home needs only 7% Deposit = 35,000$. That's why people Buy
Home do not talk about Deposit.
Buy 1 x Home 7% Deposit -> Then 20% Deposit, you can Buy 3 x Home,
each 7%.
People high salary, or Rich, they Deposit at least 20%. But
A Million Dollars Home
required Deposit at least 20%.
=> If you can afford, put all money in Deposit at least 20% reduce
Mortgage Debt -> Will
save a lot interest payment.
Do math.
=> Buy Home small Deposit, you are not out smart the Bank,
their money.
Also be fair for people Buy Home high Deposit.
=>
People were sucked in to Buy Home
with cheap Deposit because
they think with small down payment, they also have home. Like
TikTok.
=> Like 7% Deposit = 35,000$ Have Home 500,000$. Why pay high
Deposit 20% = 100,000$ also Have Home 500,000$.
You are not smart Buy Home small
Deposit. -> Says
A Professor. => The Sales Man, Bank even want you to Buy Home with small
Deposit like 7%, 10%
for easy Sales, easy Buy and big
Profit of Interest Payment.
In US, Canada, you
can buy home with 5%, 10% Deposit or Down
Payment. The small Deposit, will take longer to pay off Home
30y, 35y, 40y. And you pay more for Interest Payment not for Home
Principle. People Buy Home with small Deposit because they have
small salary, can't afford for big Down Payment, can't afford more
years Saving. For example; 20 years ago,A
Couple working in Factory worked 15 years to
Save 25,000$ in order to Buy
Home in Toronto with 10% Down Payment (or
Deposit) when Ave = 220,000$.
Thus they can't afford 20% Deposit =
50,000$, because they must work 30y to
save 50,000$. Then Home Price
will Up in 30y, they miss. Can't wait that
long. So most people have small Salary, normal Salary
they Buy Home with 5%, 10% Deposit. Because
they don't have big Salary at least 100K like Professor, Doctor ..
For Example; Big Deposit at least 25%, they can pay off Home
in 15y, 20y. While small Deposit Pay Off Home 35 years = 15 years
difference.
If their Mortgage = 3000$ / month for Home 500,000$. They pay more Interest
Payment = Extra 15 years x 3000$
/ mo x 12 mo = 540,000$ extra
Interest Payment.
=>
Interest Payment
more than Price of Home 500,000$ they bought -> You are not out
smart the Bank.
=>
You work hard Pay Rent for the Bank. Actually, it's Bank's
Home, their money. You think Bank stupid?
=> People don't have 500K,
Buy Home only 35K
small 7% Deposit. But almost people think they own Home 500K.
NOTE:
Scientists, Behaviour Economists find that Human Nature's
Behaviour is "Greed & Fear".
They like to focus on "Gain ignore Lost".
So the Bank, Sales Man want them Buy Home with small Deposit.
Because they understand Human Behaviour likes "Gains
= Have Home with small 7% Deposit = 35,000$, self-smart, not
20% = 100,000$", and ignore "Lost = Big
Interest Payment". -> "Behaviour Economics is applied in Sales
and Marketing for this case", "You are not out smart the Bank,
their money.
Small Deposit
for easy Sales, easy Buy and big
Profit of Interest Payment."
-> "Most people think
doesn't matter small Deposit 7% or
Deposit 20%, they Have Home.
No body knows.
That's why they don't talk about Deposit." ->
Says A Scientist Professor: Behavioural Economics
is the study of psychology as it relates to
the economic decision-making processes of individuals and
institutions.
It is leading to introduction of the respective principles that
pertain to human behaviour -> Why people deviate from rational and
irrational action when they're making decisions.
It helps Scientists, Economists create Economic Policy, Sales &
Marketing, Understand Stock Market, Home Market, Pricing, Making
Decision, Human Behaviour...
A Story:
A man shows off his girl friend a beautiful home 500K to impress
her. But he bought this Home only
25,000$
with 5% Deposit, pay off home in 35 years.
The girl doesn't know, mouse trap in 35 years debt.
His Sales Man also mouse trap him into 35
years contract for easy sales, easy buy, big profit.
Sales Man said that "
You can have this beautiful Home 500K for 5% Deposit 25,000$".
The Man doesn't know big Interest Payment.
Just Get Home 500K for only 25K.
-> People poor because lack of Knowledge, lack of Data.
=> Honestly, at least 15 years, Buy Home since 2007, you can say
your Home. Because your Home Equity like 51% more than the Bank 49%.
=> Says a Scientist Professor "
FYB"
(For Your Benefit). He wants people Deposit
20% FYB.
3) Vancouver Home Market in October, 2021.
(8th Largest City's Population in Canada, Province
British Columbia)
- Ave Price =
$1,199,400
(#2nd in the world)
- Home Price: up
14.7%
compare to last year Oct, 2020
$1,045,100
- Detached Home:
$1,850,500
(#2nd in the world)
- Sales: Down:
- 18.4%
compare to last year Oct, 2020
-> Detached Vancouver Price: Up
20.5%
compare to last year Oct 2020
$1,523,800
- Attached Home:
$975,000
- Sales: -22.9%
- Price: Up
18.5%
compare to last year Oct, 2020
$813,000
- Condos:
$746,400
- Sales:
14.7%
- Price: Up
9.5%
compare to last year Oct, 2020
$683,500
4) Canada Average Home Price in October, 2021
$716,285 was released
in Nov 15. (update Nov 15)
- Price Up: 18.2%
. Sales Down:
-11.5%
compare to last year Oct, 2020. But Sales Up
8.6%
month-over-month in October
- Last month September, 2021
$686,650. Data for Home Canada
usually released late in 15 mid-month.
=> Ave Price of 10 biggest
City's Population in Canada. This Not Ave
Detached Price or Single Family Home.
For example;
Ave Price = 1.1
millions =
Average of All
Properties Detached
+ Semi + Town Home + Condoshad Sold.This
Not Ave Detached Price or Single Family Home.
This is Ave Price
and
Ave Detached Home
or Single Family Home in 51 States in US 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/
1- City of Toronto:
$1,112,463
(1st Largest City's Population in Canada, Province
Ontario)
2- City Montreal : $499,750
(2nd Largest City's Population in Canada after
Toronto, City of Quebec Province)
3- City Calgary $460,100
(3rd Largest City's Population in Canada, Province
Alberta)
4- Capital Ottawa $639,900
(4th Largest City's Population in Canada, Capital of
Canada, Province Ontario)
5- City Edmonton
$377,848 (5th
Largest City's Population in Canada, Province Alberta)
6- City Mississauga in GTA
$1,119,800 (6th
Largest City's Population in Canada, A District in GTA,
Province Ontario) See GTA Map
7- City Winnipeg
$318,400 (7th
Largest City's Population in Canada, Province Manitoba)
8- City Vancouver
$1,199,400.
(8th Largest City's Population after Toronto,
Province British Columbia)
9- City Brampton in GTA
$1,085,417 (9th Largest City's Population, A
District in GTA, Province Ontario) See GTA Map
10- City Hamilton
$855,919 (10th
Largest City's Population in Canada, Province Ontario)
Update October, 2021
Toronto Home Market including GTA and
City Toronto for September 2021
was released in October, 2021.
Usually, fall season market is typically busy with higher sales
volume and price higher.
-
In City Toronto
in September 2021, Ave Price =
1,090,196 million.
Compared last year September 2020 =
$1,022,227.
- In City Toronto (416), Detached Home =
$1,778,928
up 19.5%.
Compared last year September 2020.
-
Semi Home = $1,304,504
up 13.9% compared to last year
September
2020
- In GTA (905), Average Price =
1,136,280 million
compared to last year
September
2020 =
$960,613.
-
In GTA, Detached Home =
$1,451,471
up 31.4%.
- Home Sales:
In September 2021, GTA Home Sales Down
-18%
compared
to last year
on record September 2020.
However, Sales increased relative to August, 2021 last month. Which
means Sales in September, 2021 begins picking up trend after many
months down trend.
- Home Price:
GTA
Ave Price for all home types combined
$1,136,280,
Up
+18.3%
compared
to September
2020.
Important News
1) Why Home Sales Down like 4 months
continuously. But Home Price Up? -> Because lack of Supply.
- To reduce Home Price must increase
more Home Supply.
Why does Home Sales demand decrease -18% But Home
Price increases?
A Scientist Professor explains:
The total number of sales was down
-18 %
from 2020’s record September result, in large part due to the
lower
number of new listings,
which were down
-34%
from the same time last year.
Home Sales down on a Demand curve when
the demand shift left D1
-> D2decreases,
because Home Sales down -18% in September, 2021 -> The Home Price
will decreasefrom
P1 -> P2. While lower Quantity Home Supply reduces Q1 -> Q2
However Home Listing Supply for Sales down on
Supply graph, when the Supply shifts to the left S1
-> S2also
decreases,
because Home Listing for Sales down -34% in September, 2021 -> The
Home Price will increasefrom
P1 -> P2. While lower Quantity Home Supply reduces Q1 -> Q2
These Home price movements are traced out by left shifts of the
Supply & Demand curve and they continue until the new market
equilibrium is reached. Since both
Home Sales Listing Supply reduced -34% and
Home Sales Demand reduced -18% As
a result Both
Demand & Supply are trend down. Thus Home Price will not decreased,
stay the same, or Higher when Supply trending down more, S1
shift Left to S2 more: Supply S1 -> S2, Quantity Lower Q1 -> Q2
=> Price P1 -> P2 higher.
What happens when Increasing Home
Supply? => Home Price is
decreased.
- When Home Supply increases -> Quantity increases:
Q1 -> Q2 -> Supply Curve shifts Out
or shifts Right S1 -> S2.
-> As a result, Home Price decreases. P1 ->
P2
Toronto-area Home Sales down -18% in
September, but Home Prices continue to rise — Why? -
A Scientist Professor Explains
Home Sales is Demand curve.
When it Shift Left Because Lower Home Sales - 18%, like
September, 2021
Demand:
D1 -> D2 -> Home Sales Down.
Quantity: Q1
-> Q2 = Down
Price: P1 -> P2 = Lower Price
Home Sales Listing is Supply curve.
When it Shift Left S1 -> S2 -> Because
Home Listing Down drop 34%,
like September, 2021
Quantity: Q1 -> Q2 = Home Supply Down. -> Price: P1 -> P2 =
Price Up
Price Equilibrium, not changed much, when
both Demand & Supply down in
balance
-> Home
Price is Equilibrium.
Price not down much
2) This is not Millionaire but A
Million Dollar Debt.
- A person says:
- I live in A Million Dollar Home is worth 1.8 million dollar. But
He bought this Home few years ago with
Deposit 10% = 180,000$.
He still owned the Bank 1.62 Million dollars. Thus I am in
Debt = 1.62 Million dollars.
Need work hard 30 years, 35 y, 40 y to pay off
Debt
= 1.62 M dollars.
- Mortgage Debt is not Credit Card Debt. You have to pay back on
time for Bank + Interest. Or Bank will take your home away.
-> This is called "Fake Debt
Millionaire".
Too much Debt Leverage. Be careful.
Buy Property with small like 5%
Deposit. See a lot on TikTok.
3) Why Home Sales down a lot compared
to same period of last year 2020 in COVID-19?
- Because last years 2020 during
COVID-19, Home Sales on record because low Interest Rate on
record in history like 0.25%.
- Home Sales Down but Home Price Up -> See we prove above.
4) Vancouver Home Market in
September, 2021.
Update October 16, 2021
- Ave Price =
$1,186,100
(#2nd in the world)
- Home Price: up
13.8%
compare to last year September, 2020
- Detached Home:
$1,828,200
(#2nd in the world)
- Home Sales. Down:
- 27.9%
- Home Price. Up
20.4%
compare to last year September, 2020
- Attached Home:
$963,800
- Sales: -20.8%
- Price. Up
17.5%
| Condos:
$738,600
- Sales:
1.6%
- Price. Up
8.4%
compare to last year September, 2020
5)
Update:October
17, 2021
- Average Single Family Home (Detached) in 51 US States latest in
Oct 2021:
https://www.fool.com/the-ascent/research/average-house-price-state/ NOTE: Ave Single Family Home or Detached in Vancouver,
Toronto:
1.8 M.
We used Data only. Not Mouth. All
is Data. No Biased.
To compare Home Price between Location, City, Country, Global,
Scientist used Ave Home Price.
Not Mouth, My Home, His Home, Their
Home
..
- Average home price in the United States in 2021: $374,900
- Salary needs to Buy Home in Vancouver, Toronto in 2021
is 200,000$
+
25 years Saving for Deposit
- From National Bank
https://www.msn.com/en-ca/money/video/toronto-millennials-apparently-need-to-save-up-for-another-lifetime-to-own-a-house/vi-BB1gxur5?ocid=hplocalnews
->
Vancouver, Toronto
Single Family or
Ave Detached Home Price =
1.8M -> Salary requirement:
$200,000
-> Why needs Salary? - Because the
Bank before lends you money, makes sure that you have good income to
pay mortgage every month after you pay debt, living expensive, tax.
And the Bank also looks at your Income, Job to determine what kind
of Home Price that fits your Income, Job.
- Average
Home Price in the Canada in September 2021: $686,650.
Up 13.9% compare
to last year Sep 2020.
- According to
The Wealth Effect Theory #3
that Canadian Middle Class is richer
than American Middle Class based on Ave Home Price of a whole
country. Canada Ave Home Price =
$686,650.
vs.
US
Ave Home Price =
$374,900.
Update September, 2021
-
In City Toronto August 2021's
Year-to-Date, Ave Price =
1,042,869 Million.
Compared last year August 2020 =
$985,933.
- In City Toronto (416), Year-to-Date Detached Home =
$1,700,000
up 14.5%.
Semi Home = $1,280,000
up 9% compared to last year July
2020
- In GTA (905), Year-to-Date Average Price =
1,073,696 Million
compared to last year July
2020 =
$951,219.
-
In GTA, Year-to-Date Detached Home =
$1,324,393
up 29.4%.
- Home Sales:
August 2021, GTA Home Sales Down
-19.9%
compared
to last year August 2020.
- Home Price:
GTA
Ave Price for all home types combined
$1,070,911,
Up
12.6%
compared
to August 2020.
Important News
1) Canada in the Election of Federal
Government happens in Monday, September 20, 2021.
=> The current Government is the
Liberals. Affordable is an important issue of many main issues are:
Climate Change, Health Care, Affordable, COVID-19 Vaccine, Child Cares, Gun
Control. Reconciliation... Affordable: includes: Housing, Inflation, Living Expensive, Rent ...
2) Toronto includes City Toronto
(416), GTA
(905) is very important Region. No Party could win Government if not win Toronto
according iPolitics.
-> Toronto is the most diverse City in the world. GTA is even more diverse than City Toronto =>"Once again, GTA may hold the key to power"
-> According to Official Data, more than half or
more than
50% the Canadian
Residents of Toronto were born outside Canada. Not including their children
born in Canada. Blacks 9%.
-> Including 9% Blacks, thus around 60% people live in Toronto are
diverse background.
In Ontario Province's Toronto and GTA
Election Map in last Election 2019.
-> All Red Liberals over on
the Map in Toronto, GTA more than 50 seats, Conservatives in Blue
had 8 seats, NDP 0 seat.
-> The Election 2021 repeated
like this Map of Election 2019.
All Red Liberals covered over the Map with Red Color. Conservatives
lost 1 seats in GTA (905) total 32 seats to 25 Liberals/ 7
Conservatives seats. City Toronto (416) won by Liberals 25/ 25
seats. The only different between Election 2019, Conservatives won 8
seats, and 2021 won 7 seats in GTA in same Seats in Election 2019.
--------------------
- The Map of Election 2015: The Red Liberals all over Toronto,
including City Toronto won all 25 of 25 Seats. In GTA = Lib
won 24 in 29 Seats. Conservative won 5 seats in GTA. Conservative No
Seat in City Toronto in Election 2015, 2019, 2021.
---------------------------------------------
Usually people vote without paying attention to Data. So we have a
Canadian Scientist Professor makes sense of Data for you to make
decision better. Specially undecided people vote strategically.
People in GTA, in a tight Election you hold the Balance of
Power, the Key to Power, you have to go to vote -> Let's Share
Data.
As a Canadian, let's Vote. Let
your Voice hear. It is Democracy. If you don't participate, you lost
your Right, your Freedom, your Voice.
Remember, Poll doesn't count
big number of undecided people, swing voters, who vote
strategically.
Toronto includes
City Toronto and GTA is very important Region.
No Party could win Federal Election
if not win Toronto more than 50 seats.
Last Election 2019:
Election
2019.
City Toronto (416)
Results 25 seats Seat count:
Liberals: 25
Conservatives: 0
NDP: 0
Green Party: 0
People’s Party of Canada: 0
Election
2019.
GTA (905) Results 31
seats Seat count:
Liberals: 23
Conservatives: 8
NDP: 0
Green Party: 0
People’s Party of Canada: 0 GTA including Regions:
Durham Region, York Region, Halton Region, Peel Region. The Liberals won almost seats in
GTA. 8 seats Conservatives won in GTA:
1) Wellington-Halton Hills:
Conservative Michael Chong
2) Dufferin-Caldeon:
Conservative Kyle Seeback
3) Thornhill: Conservative
Peter Kent
4) Markham Unionville:
Conservative Bob Saroya
5) Durham: Conservative Erin
O’Toole, current The Leader of Conservatives Party.
6) Oshawa: Conservative Colin
Carrie
7) York-Simcoe
(some where @ East Gwillimbury on Map):
Conservative Scot Davidson
8) Aurora-Oak Ridges-Richmond Hill
(2, 3 on the Map):
Conservative Leona Alleslev
Click See
Map.
1) In Election 2021,The PPC Far Right Party polling
6% of population support higher than
Green Party 4.7%. PPC was not allowed on
TV to debate in Canadian Election, but Green Party (Left) did,
although its population support more than Green Party. PPC didn't
have any seat in Canada Election 0 seat. Green Party 3 seats in 2019
Election.
-> The Conservatives Party (Right)
traditionally has strong hold in
Province Alberta 33 seats (oil &
gas Industry, Producer, farming, cowboy hat, prairies) won
all 33/33 seats, and Prairies Province
Saskatchewan 14 seats, it won
all 14/14 seats. Both provinces
47 seats.Calgary is City of Alberta.
-> The Liberals Party (Center)strong hold in Toronto including
CityToronto 25 seats, it won 25/25, GTA
districts around Toronto 31 seats, it
won 23/8 seats in last Election.
Toronto = Both City Toronto (416) + GTA (905) =
56 seats.
Toronto 9.6M population is biggest city of Canada, bigger than New
York City 8.5M.
Toronto is biggest Center of
Financial Hub and Manufacture Hub of Canada.
Toronto hiccups, Canada gets flu.
=> Data from last 3
Elections telling that -> Once again,
GTA may hold the key to power, the balance of power. If a Party
wants to form Government, it must win a lot of seats like 80%
seats in GTA. For example, in Election 2019 the Liberals won
Minority
23/31 seats or
75% in GTA, the Election 2015, the Liberals won
Majority
24/29 seats or 83% in GTA, the
Election 2011, the Conservatives won
Majority 32/ 47 seats or 68%
in GTA. Must win like 80% seats to win
Election Majority.
-> In City Toronto (416),
biggest Center of Financial Hub and
Manufacture Hub of Canada. The Liberals
always won big back to many Elections:
2004 = 22/ 23 seats, 2006 = 20/ 23,
2008 = 21/ 23, 2011 = 6/ 23,
2015 = 25/ 25, 2019 = 25/ 25.
Only one exception in 2011 Election.
From Data, the
Conservatives, the NDP had been shut down out of City Toronto (416)
completely. -> Thus GTA (905) holds the Key to
Power.
Let's see next Monday, September 20.
"
Strategic
Voting, Efficient Voting.
Make your Vote counted, worth it, not waste. You
Vote to Win.
You don't vote for the Losers even sound good.
People said.
Because they never won. Your Vote is wasted.
Although you love them. Voters are smart today. "
- Says a Canadian Scientist Professor who lives in
Toronto 30 years. He talked to a lot of people every Election.
They said so.
What is
Vote to Win?
- Vote to Win
is Strategic Voting, Efficient
Voting. Make your Vote counted, worth it. Not waste.
You Vote for
the Winner based on Data, past Performance.
Because in the end
only one Party Winner that runs the
Government. Thus your Vote counted. The other Party in
2nd, 3rd..good platform, good promises, sound good..
don't matter any more.
Nothing wrong with
them. Their platforms are good too.
They are considered as Losers, because they lost Election.
They can argue right or wrong in Democracy of Parliament, but
only one the Winning Party that runs the Government based on its
Platform that counts.
2) - In Election 2019,
The Liberals (Center) won all seats in Toronto. The NDP (Left),
Green (Left), The Conservatives (Right), PPC (far Right)
had been shut down out of Toronto
completely. The Liberals won all seats in City Toronto (416) and GTA
(905). The Conservatives only 8 seats in Suburban, NDP = 0 seat. The
Liberals won the Election 2019.
3) The
Election 2015, the Liberals with
new Liberals Leader Justin Trudeau, it won City Toronto 25/ 25
seats. Took all seats of the Conservatives back won 24/ 29 seats in
GTA -> Brought them Majority in power in 2015. NDP lost 3 seats
incumbent to Liberals. NDP was crushed out Toronto completely = 0
seat.
4)
The Election 2011, The Liberals
lost the 2011 Election to Conservatives
of Stephen Harper won
32/ 47 seats in
GTA. -> The traditional Liberal
stronghold that has kept the Greater Toronto Area (GTA) mostly red
for decades suffered a devastating blow.
The Liberal Leader Michael
Ignatieff losing his own seat in
Etobicoke-Lakeshore of City Toronto.
See map. The Liberals won only 6 of 23 seats
in City Toronto. It is the only Election
2011 that the Liberals lost in City Toronto (416)
=> From Data, any Party
wants to form Canada Government must win BIG in Toronto, including
City of Toronto (416) and GTA (905). And GTA holds the Key to Power.
3)
The Result of Canada Election 2021:
The incumbent Liberals won the Election 2021, Minority 160 seats
(update Sep 21/ 2021)
- Liberals:
160 seats
- Conservative:
119 seats
- BQ (Block Quebecois): 32 seats
- NDP:
25 seats
- Green:
2 seats
- PPQ:
0 seat.
- To be Majority, a Party must win:
170 seats.
- City of Toronto (416) 25 seats: Liberals Party won 25/ 25 seats. In 2019
Election 25 seats: Lib won 25 seats
- GTA (905) 32 seats: Liberals Party won 25 (Lib) / 7 seats (Con). In 2019 Election
31 seats: 23 (Lib) /8 seats (Con)
- The Map 2021 looks
Red
like 2019 covered by Red Liberals. The Conservative lost 1 seats in GTA.
- The Liberals won almost all 90% seats
in Toronto Election 2015, 2019, 2021, except Election 2011. => The Conservative wants to win the next Election,
it has to win big like 90% of all Seats not only in City of Toronto but also
in GTA. It is hard because traditionally the Liberals won 90%-95% all seats
in City Toronto in the last 20 years, and 100% seats in last 3 Elections
2015, 2019, 2021 Election. Except Election 2011,
Conservative won Majority. It won Con's 17 seats / Lib's 6 seats of 23 seats in City Toronto.
=> Conservatives lost Election
2021 not because of the Provincial Conservative Alberta can't control
COVID-19 crisis. It lost only 4 seats in Alberta 30/ 34 seats. Nor many
other issues. But because it can't win BIG in Toronto 57
seats. Which has happened the same
Result in the last 3 Election: 2015, 2019, 2021. That's why Leader of
Conservative Erin O'toole moved the Right Wing Party to Right-Center
(the right move, look more "moderate" )
in order to attract voters in Toronto used to vote for Liberals (Center). But unsuccessfully to attract Voters in Toronto including City
Toronto (416) and GTA (905).. => Giving other Regions,
Provinces voted as usual easy to predict, any Party wants to form
Government it has to win BIG in Toronto. And the Liberals won BIG in Toronto
this Election 2021.
=> To win Majority, Conservative Party
must win All seats it won 2021 Election
= 119 seats +
90% All seats Toronto = City Toronto 25
seats + GTA 32 seats = 57 seats.
=> So far it won only 7 seats in
GTA (905) and 0 seat in City of Toronto (416) in the last 3 Elections 2015,
2019, 2021. It has to take back all seats the Liberals won in Toronto.
Thus Toronto 57 seats is the Key to Power Majority for
Conservative Party must win all 90% or 50 seats.
No Party could win Election and form Government if not win BIG in Toronto.
This is GTA or
Greater Toronto Area (905) Regions: 32 seats. Conservative won 7/ 32
seats in GTA. Liberals won the rest 25 seats.
1) Durham Region
= 5 seats , Conservative =2 seats
DURHAM:
- ERIN O’TOOLE (Conservative) - The current Leader of Conservative
Party OSHAWA:
COLIN CARRIE (Conservative)
2) Halton Region
5 seats, Conservative 1 seat
WELLINGTON-HALTON HILLS:
- MICHAEL CHONG (Conservative)
3) Peel Region
12 seats Conservative 1 seat
DUFFERIN-CALEDON:
- KYLE SEEBACK (Conservative)
4) York Region
10 seats, Conservative 3 seats
KING-VAUGHAN : -
Ana Roberts Conservative THORNHILL: -
MELISSA: - LANTSMAN (Conservative)
(some where in between, under Vaughan, under Markham, above North
York on Map): YORK-SIMCOE:
- SCOT DAVIDSON (Conservative)
(some where @ East Gwillimbury on Map):
City of Toronto (416):
25 seats.
See Map
The Liberals won all 25 seats in the last 3 Election:
2015, 2019, 2021
The Map of Toronto is
big, 9.6 M population, bigger than New York City 8.5M, including GTA
or Greater Toronto Area (905) Regions and City of Toronto (416)
Again, Conservative and NDP were shut down
completely out of Toronto including City Toronto and GTA. Liberals won BIG
all 25 seats in City Toronto (416), and almost seats in GTA (905) 25/7
seats. Toronto's Map is covered with red Liberals.
It is Toronto's Voters (416 + 905) that helped
Liberals in power in the last 3 Elections, 2015, 2019, 2021.
Update August, 2021
-
In City of Toronto July 2021's
Year-to-Date, Ave Price =
1,047,681 Million.
Compared last year July 2020 =
$980,148.
- In City of Toronto, Year-to-Date Detached Home =
$1,700,000.
Semi Detached Home = $1,300,000
- In GTA, Year-to-Date Average Price =
1,074,113 Million
compared to last year July
2020 =
$903,401.
- Home Sales:
July 2021, GTA Home Sales Down
-14.9%
compared
to last year July 2020.
- Home Price:
Ave Price for all home types combined $1,062,256, Up 12.6% compared
to July 2020.
Important News
1) Home Price and Home Sales compared
to last year double digits increased. Compared to previous few
months, it decreased a little bit.
2)
Update Mortgage Rule or Stress Test people can afford Interest Rate
hit 5.25% in effect June, 2021 -> Doesn't effect much the Price.
3)
The Millionaires.
Across Canada, only people live in Toronto, Vancouver, who bought Home at least
20 years,
at least 20%
Deposit, not 5%, 10%. Which means 20 years ago, you must have
high salary. Like stock
people don't hold it for 20 y, people don't live at a place for 20
years. They move, mobile because many reasons like change job, sold
home, lost home... But if You live and
have home at least 20 years, Buy Home with at least 20% Deposit in:
- In the City of Toronto, you have: 1) Detached Home.
2) Semi Detached Home -> You are
Millionaire.
- In GTA, you have: 1) Detached Home -> You are Millionaire.
- In Vancouver, you have: 1) Detached Home
-> You are Millionaire.
Millionaire = All Assets
of Home (90%) + Car + Jewry + Cash ... - All Debts of Mortgage Debt
(biggest)
+ Credit Card Debt + Car Loan +
Student Loan ..
Millionaire is Millionaire.
1.4 Millionaire, 1.7 Millionaire, 1.8 Millionaire, 100 Millionaire
... Same as Millionaire
For example: A
Millionaire couple. No one says:
A 5 Million Dollars couple or
A 10 million Dollars couple or
A 100 million Dollars couple.
People say:
" A Millionaire couple".
No one keeps a lot
money, cash in Bank account became useless, lost value by
Inflation, no Return.
They put money, invest in Real Estate, in Home more
safe, more Return On Investment (ROI).
Every year, Home returns average =
6%,
This 6% translates A Million Dollar Home in
Toronto returns on average =
60,000$ / years = Salary of $100,000
after Tax. This year, in Toronto, Home
Price Index Up or Returns ROI = 19.9%.
Detached = 11.5%.
You keep money in the Bank, it returns around 3% lost value by
Inflation. 6% in Real Estate is different with 6% in Stock, Bank
because of Leverage. For example; You
invest 200,000$ in Stock returns 6% each year = 12,000$, in
Bank Account return 6% / year = 12,000$. You buy A Million
Dollars Home 20% Deposit, return 6% of A Million Dollars =
60,000$. Your leverage = 800,000$ from borrowing the
Bank. The same 6% but different Return On Investment, in Real Estate
5x more ROI.
For example;
If you invest $300,000 last year to buy a Detached Home in Toronto
with 20% Deposit. This year 2021, it returns 11.5% =
176,230$
profit. If you keep 300,000$ in Bank
account with Interest = 5%, ROI profit =
15,000$. You invest
$300,000 in GOOGLE stock in 2020, ROI = 15.32% =
45,960$
not including Tax you must
pay. After Tax around =
39,000$.
And you still pay Rent.
A big difference Profit (ROI) to invest in A Million Dollars Home
Toronto, Stock, Bank Account (Update August,
2021) Invest
$300,000
in Home in Toronto ROI (Return On Investment)
11.5% =
176,230$,
Bank interest rate 3% ROI
= 9,000$,Google Stock in 2020, ROI
15.32% =
39,000$ NOTE:
Average Stock return 10% a year.
Although very risky could lost all.
And you still pay Rent.
Every year,
A Million Dollars Home
(Detached or Semi Detached Home)
in Toronto returns(minimum)
Ave 6% =
60,000$ / years = Salary of $100,000
Net Income after Tax => 2 x A Million
Dollars Home returns = 60,000$ x 2 = 120,000$ =
Salary of 200,000$ / year
/ every year. The difference is salary 100,000$ after Tax you have
to spend for Living Expensive. But the Profit from Home Investment
goes direct in Home bank. Make you rich fast.
That's why 20 year ago Ave Home Price =
220,000$ -> Now = 1.1 Million
dollars. Your Home's
Bank is growing fast, rich fast. You save more than salary 100,000$. =>
According to National Bank and our Data, your salary
after paid for Tax, Living
Expensive, Car Expensive, Home or Rent Expensive, you
can save around 10% of your salary. Thus 100,000$ save around
10,000$ / year. Take 6 years to save 60,000$. While Home in Toronto
return 6% = 60,000$ just 1 year.
A true Story:
Professor understanding Professor. We know A Professor's
salary 120,000$, after 10 years, he managed to save
120,000$ after paid for 1) Tax, 2) Car
Expensive, 3) Living Expensive, 4) Shelter Expensive.
In 20 years he saves
240,000$.
If he Buys Home in Toronto 20 years ago, now
Ave Home Toronto = 1.1 m,
his wealth growing = 60,000$ x 20 =
1.2 m,
became Millionaire.
=> Toronto's A Million Dollars Home returns profit 5x times
more than salary 120,000$.
See The Wealth Effect Theory # 4.
A Million Dollar Home, Detached or Semi Detached Home,
in Toronto returns profit every year on average 5x times more than salary 120,000$
in the last 20 years.Which means you don't have Home in
Toronto, in the last 20 years, you make 120,000$ / years
continuously for 20 years, you have less wealth, less richer 5x
times than Having Home in Toronto.
See Professor's true Story. => Do you have big salary 120,000$,
$150,000 in the last 20 years? - No need blah blah.
(Update Aug 2021)
=> Your 120,000$, 150,000$ big
salary working continuously in 20 years is still poorer
5x
than Having Home in City of Toronto 20 years.
=> The Power of Return Profit ROI when you invest in luxury A Million Dollars
Home. See
The Wealth Effect Theory # 4.
Thanks to A Canadian Scientist Professor has proved using Data, not
mouth, and his experience of Home in Toronto, living in Toronto 30
years, so clear that you can understand easily. With background as
Data & Computer Scientist, Economics, He has been doing Research
about Home Data in Toronto for many years. People
don't live in Toronto, don't have
experience of Home in Toronto will not understand Home in
Toronto.
Why Home is the biggest 90% asset?
- Home is the biggest Investment. No Home is
Nothing. (Update July 22, 2021)
- Because the salary, the money of people live
in industrialized countries like US,
Canada, Europe, Japan, made every month, after
minus paid for Tax (Income Tax, Other
Tax..) + Car Expensive
(car payment, car insurance, car maintenance, gas...)
+ Other Living Expensive like: Phone,
Grocery, Food, Drink, Restaurant, Clothes, Beauty, Shopping,
Entertainment, Travel, Health, Chile Care, Misc Fees, Debt
... already takeaway
50% - 55% of money they made every month. Then
40% - 45% of money pay for
Home Expensive like Mortgage,
Property Tax, Home Maintenance, Home Insurance, Utility
(Electricity, Heat, Water..)...
They have very small saving for other Investment.
Home and Car are biggest expensive must
pay, more than 1/2 income. Car depreciated, lost value,
after 10 year = 0. Cash in Bank Account lost value because of
Inflation. So only Home gains value,
90% asset they have. => Not sure if this Expensive is same in developing countries.
But any country, you must pay: Tax, Food, Grocery, Restaurant,
Travel, Rent, Phone ... Same => All these Expensive, Mortgage is the biggest expensive,
biggest debt 20y, 30y, 35y, 40y... Then car payment. Paid off
Home out of biggest debt is a peace of mind will take at least
20y. So people want to pay off home fast, reduce Interest Payment
fast, with big Deposit like at least 20%.
Home or Stock Hold long term 20y. Cash out Profit early, Short
Term lost 430,000$ in just 4 years
(update August 17,2021)
A Semi-Detached Home in
City Toronto was 1.1m
already 4 years ago at peak 2017.
Its highest Price was last Feb, April 2021
in COVID-19 =
1.32m -> It ups / downsfrom last peak to this peak, profit, ROI =
224,000$ or 20% -> People cashed out or sold home
previous peak was not only
Lost
= $ 224,000 = 20% in 4 years + Pay Rent in 4 years = 3000$ x 12 x 4
= 144,000$.
Total Lost
= $
224,000
+ 144,000$ + 60,000$
(more)
commission
& other Fees
=
430,000$.
Because of selling their Home for profit last peak. But also could not come back Buy Home.
Like now, a lot people cash out for profit this peak. Should hold
Home for 20y to see Profit.
Home or Stock, hold long-term like 20y. See big Profit. Millionaire.
Buy & Sell. JumpIn &
Outwill not make you
Millionaire. You can't time the Market even Warren Buffet.
-> He just saves you near
1/2 million dollars. => Home Price ups/ downs.
Go back recently, in the last 4 years, from 2017 -> 2021,
Semi-Detached Return on Investment ROI = 20% =
$224,000.
-> Professor's Salary
120,000$ took 16 years to save
224,000$.
Semi-Detached in just 4 years returns 4x more than Professor's
Salary, and more than
Detached Home Toronto ROI = 12% =
$180,000.
Big money, but smaller Return
on Investment (ROI). However, this year 2020-2021 in COVID-19,
Detached Home returns ROI =
$228,331
up
15.2% more than
Semi-Detached ROI = $123,472
up
9.2%. -> See The Wealth Effect Theory Number #6.
NOTE: Need Data & Computer Scientist
who use Data to solve problem. People don't train Data, can't see.
Even access a lot of Data. They are Data Blind, even dislike
Data.
Toronto Home Data of July
2021 last month released in August, 2021.
Home Average
Ave
Price for July 2021
Last Month June
2021
Last Year,
July 2020
Profit compared
to last year The
Power of Return of Real Estate in Toronto just 1 year is proven by
Data
City of Toronto
Average Price Toronto
9.6m = City of Toronto
3 m + GTA
(District around Toronto) 6.5 m
- City of Toronto Population 3 m.
Center of Financial Hub, Stock Market TSX, Big Banks, Gov Agencies.
- City of Toronto is Capital of Ontario biggest Province. Its
Municipalities: North York, Etobicoke,
Downtown, East York. Toronto is multi-culture more than
100 nationalities & languages. Next year 2021, 401,000 Immigrants
come to Canada, most of them will settle in Toronto. Hundreds of
thousands people look for place to live, which pushes the Demand for
Housing in Toronto. Click
See Map.
---------------------
Toronto is the City, Ave Home Price rank in Top #2, #3 in the world,
same as Vancouver.
$1,047,681
(Year-to-Date)
Ave Price = 1.1 millions
= Average of All Properties
Detached + Semi + Town Home + Condoshad
Sold.Theproperties
sold spreading every where in the City,
not Ave Home Price Listing not sold.
-> Same calculation
Ave Price to avoid
"mouth data"
specific expensive areas, downtown area, or pickup few luxury condos over
1-millions, or property not SOLD, my Home, his/her Home, their Home,
this Area, that Area, this Street, that Street
... So many numbers, so many Data,
"Mouth Data" very hard to Analyze,
inaccurate, unscientific, biased.
We work on one Number, one Data that is
Ave Data, most accuracy, "Official
Data", Scientific Data ->
This Ave Data
is calculated from
thousands of Home Data in Database Computer System. Their Developers
design and program.
Very complex coding
Algorithm -> Says A Canadian Professor who is Teaching
Data Management and Building Database, Software to manage & analyse
data.
For example; GTA so many
Districts, Brampton, Mississauga, Vaughn,
Markham... different Data. We use Ave Home GTA =
$1,074,133
to represent Data for all Districts. It is Official Data.
Scientists don't work by Mouth, biased, unscientific like common
people.
For example, Hong Kong and Vancouver and Toronto, California
and Texas, Canada and US and Europe -> Use same Ave Price Data.
For example, Ave Price Canada =
$727,828, Ave Price US =
$329,100. Ave Price Montreal =
$484,255, Ave Price Toronto =
1.1m -> "Official Data".You can see the
difference right away, scientific, fair calculation, accuracy. No
mouth Data. No argument blah blah.
Can't
argue with Data.
Different between
Educated and Uneducated, between Science and Common, between
exaggerate Mouth and Data, between Data Intelligence and Emotional
Intelligence.
$1,079,749
"- Mouth Data
is self-speaking, self-smart, self-created,
"I think so",
people said so, direct
from mouth, no source, not "official Data". Same as
false information, blow up price, exaggerate." => When people want to Buy
Home over 1 millions dollars. The first thing you ask is Salary:
-> Are you Professor, Doctor, who have salary over $150,000 /year?
If they are NOT, forget about it. Waste Time. Mouth.
Profit =
$67,533
Y-to-D
------------------------------------------------------
Every year. 65K -> 75K equals
to salary 150,000$ /y returns.
Thus:
1 x Home = 150,000$ / year salary return
2 x Homes = 300,000$ / year salary return
3 x Homes = 450,000$ /year salary
return " For example; You
make 50,000$ / year. But after spending, minus for Tax, Rent,
Car, Insurance, Food, Debt, Restaurant, Travel, Misc Spending,
Phone... you have 6000$/
yearreturn (as example.
maybe more). That counts 6000$ / year not 50,000$.
It doesn't matter How Much you
MAKE.
How Much you HAVE
that counts. Millionaires make big money by brain. => How long do you work hard to Have 100K? - 10y, 15y, 20y, never?
Detached
Home (Single Family Home) A Home stand alone on street. Size,
area same as Semi Detached. Not bigger. In
Canada, people like privacy, stand alone, even only 2 homes
attached. That's why
expensive.
Ave Property Tax = 499$ / month.
Detached:
Click here
- Ave Detached Home =
Ave of All Detached Homes = 1.7M
sold that month
in the City Toronto. Different with
Ave Price.
- For example; Ave Home Price of City of Toronto = Ave Home
Price of GTA = 1.1M. But Ave Detached Home of City of Toronto
= 1.7M is much
higher than GTA = 1.3M
-> Detached Home City of Toronto most expensive Home #1 in
Toronto, #2 in Canada, and Number #3 or #4 most expensive Home in
the World. Currently, Detached Home Vancouver #2 most expensive Home
in the World.
-> Categorized as
A Million Dollars Home.
=> Ave Home Price of Detached Home
Toronto = 1.7M, its
"Real Price"
could be 3M like this
Home.
=> NOT FAIR, NOT ACCURATE, BIASED if compare Home's Real Price with
Ave5661234567890-/*Price. Should use same Ave Home Price.
=> That's why for fairness,
Real Estate Industry use Ave Home Price,
same Calculation, same Rule,
fairness to compare Home Price every where, every City, every
Country. For example, MSN said :" the Average Sale Price
of a single-family home in California hit a record
$758,990"
- (Up Aug 20, 2021)
$1,700,000
(Year-to-Date)
Price up
15.2%
Home Sales
Up:
58.2%
If
you invest 300,000$ for 20%
Deposit to Buy a
Detached Home 1.47M in City Toronto last year
2020, you will have Profit
$228,331
= 76% Return. Proven by real Data
of Number so that you can see easily. Not by %.
- Compared to last year July 2020
- Detached Home City of Toronto most expensive Home, #1 in Toronto,
#2 in Canada.
-The Average Single Family Detached Home in California in March,
2021 highest on record was:
$758,990,
a
23.9%
increase from a year ago.
From MSN:
- March 2021 was the highest
Home Price on record ever in US & Canada. After March, 2021, US &
Canada Home Price decreased a little bit, or flat. California has
highest Home Price in US.
- Single Home Family or Detached Hone in California is
a lot less than Semi-Detached
Home in City of Toronto.
- Scientists recommend use Ave Home Price
like MSN.
$1,716,273
Last month
-> Does it jump too much? - Not
much. Its last peak
$1.57m
already 4 years ago at peak 2017. Its
highest Price Peak was month Mach 2021 =
1.75m .
=> It seems Semi-Detached Return on Investment ROI
= 20% more than Detached Home Toronto.
(update Aug 17, 2021) -> It ups from last peak to this peak =
180,000$
or 11.5% -> 12%.
-> In the last 4 years, each year
increased=
2.9%
OR 50,000$
/ year -> Not much.
People who cashed out or sold home
previous peak was not only Lost
= $ 200,000
in 4 years,
but also lost 4 years
RENT
= 3000$ x 12 x 4 =
$144,000.
Total Lost
= $200,000 + $144,000 + $50,000 Commission & other moving
cost=
$400,000
and could not come back Buy Home.
You can't time the Market.
Home like Stock, sometime,
just 1 month Home Price up 30%. Because take a month for Home update
Price. For Stock in second. ->
So fast.Bang!
You can't jump in time to Buy. Lost opportunity. Property comes Down
always back Higher in the last 30y. Hold for Long Term
20y.
Let compound Interest work for you.
$1,471,669
(Year-to-Date)
Price last year July 2020
Profit =
$228,331
Y-to-D
If
you invest 300,000$ for 20%
Deposit to Buy a
Detached Home in Toronto last year, you will have Profit
$228,331
------------------------------------------------------
-> For Detached Home, 3x more than Ave return 65K -> 75K every year Before COVID-19, In Feb, 2020 Detached Home =
1.48 millions.
Post Lock Down COVID-19, In June, 2020, Detached =
1.52 million dollars.
At peak before COVID-19, Detached Home in Toronto =
1.57 millions dollars
Semi-Detached Home
2 Home attached, not separated on street. Size, area same Detached
home. Every day, easy go to work & back home. Your car is in front
of the house.
- Ave Property Tax = 299$ / month
- At any time, you can always upgrade from Semi- Detached to
Detached Home easily, because you already had Home, and had
paid mortgage at least 10y.
-> Semi Detached Home City of Toronto most expensive
Home #2 in Toronto, and #3 in Canada.
-> Categorized as A Million
Dollars Home.
$1,300,000
(Year-to-Date)
Price
Up:
9.2%
Home Sales Up:
80.7%
-
Compared to last year July 2020
If
you invest 220,000$ for 20%
Deposit to Buy a
Semi-Detached Home 1.17 M in City Toronto last year
2020, you will have Profit
$123,472
= 56% Return. Proven by real Data
of Number you can see easily. Not by %
$1,267,044
Last month
-> Does it jump too much? Actually it was 1.1m
already 4 years ago at peak 2017.
Its highest Price was last Feb, April 2021 =
1.32m
-> It ups from last peak to this peak =
224,000$ or 20% ->
People who cashed out or sold home
previous peak was not only Lost
= $ 224,000 = 20% in 4 years + Pay Rent in 4 years = 3000$ x 12 x 4
= 144,000$.Total
Lost = $
224,000
+ 144,000$ + 50,000$ commission
= 418,000$.
Because of selling their Home. 2
but also could not come back Buy Home. Should hold Home for 20y to
see Profit. Home or Stock, long-term working.
(update Aug 14,2021)
$1,176,528
(Year-to-Date)
Price last year July 2020
Profit =
$123,472
Y-to-D
If
you invest 200,000$ for 20%
Deposit to Buy a
Semi-Detached Home in Toronto last year, you will have Profit
$123,472
------------------------------------------------------
-> For Semi Detached Home, 3x more than Ave return 65K -> 75K every
year Pre COVID-19, In Feb, 2020 Semi-Detached Home =
1.20 millions.
Post Lock Down COVID-19, In June, 2020, Semi =
1.29 million dollars.
Town Home Town Home is not on
the street like Detached, Semi Detached.
A Community, Village of Home, a lot of them, hundreds, thousand
built close together. Some Communities of Home include sharing
swimming poor, school, gym ..like a Village.
$926,437
(Year-to-Date)
Price Up:
11.3%
Home Sales Up:
76.3%
-
Compared to last year June 2020
$941,474
Compare to last month June 2021
$832,467
(Year-to-Date)
Price last year July 2020
Profit =
$93,470
Y-to-D
------------------------------------------------------ Pre COVID-19, In Feb, 2020 Condos =
846,465$ Post Lock Down COVID-19, In June, 2020, Town home =
853,339$.
Condos Apartment, including sharing swimming
pool, gym ...
$700,061
(Year-to-Date)
Price Up
1.8%
Home Sales:
82.9%
-
Compared to last year June 2020
$717,466
- Compare to last month June 2021
$687,898
(Year-to-Date)
Price last year July 2020
Profit =
$12,163
Y-to-D
Pre COVID-19, In Feb, 2020 Condos =
722,675$ Post COVID-19, In June, 2020, Condos =
672,465$.
GTA
Average Price GTA = Greater
Toronto Area. Suburban Districts
outside of City of Toronto. Population 6.5m.
Districts:
Mississauga, Vaughn, Markham, Brampton
... Click
See Map.
NOTE: Before
COVID-19,GTA Ave Home Price and GTA Detached Homeunder
1-Million. During COVID-19, people move out the City of Toronto
to GTA, suburban districts around Toronto. Which is pushing Home
Price in GTA, Ave Home = 1-Millions and GTA Detached-Home = 1.3 M.
-> GTA Detached Home most
expensive Home #3 in Toronto, and #4 in Canada
-> Categorized as A Million Dollars Home.
$1,320,243
(Year-to-Date)
Price Up
39.9%
Home Sales Up:
60.6%
"- Detached Home GTA always
less Price than Semi Home City Toronto.
1st time, GTA Detached more Price than Semi
Home in City Toronto was in Jan 2021, second time in March 2021,
June 2021 3rd time"
NOTE: Before
COVID-19,GTA Ave Home Price and GTA Detached Homeunder
1-Million. During COVID-19, people move out the City of Toronto
to GTA, suburban districts around Toronto. Which is pushing Home
Price in GTA, Ave Home = 1-Millions and GTA Detached-Home = 1.3 M.
$1,329,873
Last month June, 2021
Actually it was 1.09m
already 4 years ago at peak 2017 then Price cooling down.
Its highest Price was this month March, April
2021 = 1.32m (update
April 19, 2021)
-> It ups from last peak to this peak =
221,000$ or 21%
$1,008,775
(Year-to-Date)
Price last year July 2020
Profit =
$311,468
(Year-to-Date)
Data Compare to last year July 2020
3 bed rooms, 2 bath rooms - All in City of
Toronto
=> For the month of July, 2021 Data released in August, Across Canada:
(update Aug 16, 2021)
Home Sales compared to last Month
June 20121 Down :-3.5%.
Sales compare to last year July,
2020,
Down:
-15.2%
Ave Home Price
=
$661,788
Down -2.5%
compare to last month June 2021. Compare to last year July 2020 Up:
15.6%. Last month:
$679,000
If not including Toronto & Vancouver =
$526,788
- Last month:
$544,000.
(March 2021, highest price on record, Ave Home
Price = $727,828.
After that it decreased or flat)
Canada including 10 Provinces like:
Ontario, Quebec, Calgary, British Columbia... Cities like
Toronto, Vancouver, Montreal, Ottawa....
=> In US, Ave Price of US in March 2021 =
$329,100
(In March 2021, highest price on record =
$329,100. After
that it decreased or flat).
Including 52 States like
California, Washington, New York... Cities like:
New York, Los Angeles, Washington, Boston...
5 biggest Canadian City
Data for Home Price July, 2021
Last month June 2021
Price Last Year July, 2020
Vancouver.
800,000
population, Tourism, Film Industry. Province BC. ->
Rank #4 Ave Home Price
in the world. Before COVID-19
1) Hong Kong 2) Singapore 3) Shanghais 4) Vancouver & Toronto
5) Shenzhen 6) Los Angeles 7) New York 8) London 9) Beijing
10) Paris