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Technology + Life + Story.
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=> One Office App runs on
All 5 x Devices: 1) iPad 2) iPhone
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=> While 100
millions Company Vend iPad Pos & 90% iPad Pos on market run on 1) iPad only.
As you see the cost to build 4 x extra App = cost support & maintain 4 x
Apps = 4 x Cost Time & Money
NOTE: Vend is 100
millions dollars software company, few hundreds of software developers. So far, Investors invested 100
millions in Vend Internet Company.
It received
20
millions USD from Peter Thiel’s Valar Ventures and Square Peg
Capital.
https://blog.vendhq.com/post/64901824985/vend-raises-20m-funding-round-co-led-peter-thiels-valar-ventures-square-peg-capital.
Recently, Vend Pos also received many other funding:
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and many other rounds.
Investors invest in Software Company Vend Total value
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https://pitchbook.com/newsletter/vend-secures-9m-investment.
- Game Theory click here. | Millionaire Households Rank in the World Click | Toronto map, click here | Apply Economics on Toronto Housing's Problem Solving scientifically. Click | Click Cost Buy home in 50 US's States in July, 2019. - Click. Salary needed to Buy Home in 20 major US Cities.
Update April 2020
still continue updating till end of month
Toronto Housing Market as usually will be released early on April.
Canada provides Canada Emergency
Response Benefit (CERB) package relief to people who lost job
because of COVID-19 virus for 4 months of benefits. It includes people, such
as:
1) Who do not qualify for EI, such as, not enough Insurable Work Hours. Such
as, in the past to apply for EI in region Toronto required 700 working hours
or 4 1/2 month will get 14 weeks benefits. Now, even work less than 4 months
still eligible for EI Employment Insurance Benefit will get 16 weeks
benefits of 2000$ / months.
2) Who work on contract, precarious, seasonal jobs, short term, part time
contract job ... And people still technically employed but no longer
receiving income due to the pandemic.
3) Who work as self-employed, lick Uber driver, Fitness, Yoga, Dancer
Instructor, small business ...
4) Increase Child Benefit extra 300$ to current benefit 575$. Thus now each
child gets benefit = 875$ / child for 4 months.
5) Increase more benefits for Seniors, Free Interest for Student Loan
...
6) People who got sick, stay home take care children, on quarantine because
of COVID-19
7) Wage Subsidize 75% employee salary dated back March 15, 2020, cheaper
Loan Credit, grant 10% of Loan if paid off loan on time for small & medium
sized businesses.
Update March 2020
Quick update:
-Toronto Home Report released in March 5, 2020 for Feb, 2020 last month.
Despite Corona virus, Stock Market down, but Toronto Home Sales UP
46% in Sales. Ave Home Price up
150,000$
compared to last year.
When Ave Home Price up, all kinds of properties up across the board.
Same as the correlation between Detached Home
and Semi Detached Home. When Detached up/
downs -> Semi ups/ downs, and sometimes Semi even up Price more than
Detached.
- In Feb 2020, Ave Home Price in Toronto =
989,218$.
Last Month = $884,385.
=> Now
equal to Vancouver Ave Home Price for first time. ->
Next few months will pass Vancouver Home Price.
- In Feb 2020, Ave Detached Home
Price =
$1,485,304.
Last Month =
$1,363,357.
- In Feb 2020,
Semi-Detached Home Price =
$1,208,073
millions.
Last month
$1,004,208
millions.
- In Feb 2020, Ave Town Home
Price in Toronto =
$846,465
Month-to-Date. Last
Month = $782,274.
- In Feb 2020, Ave Condos Price in Toronto =
$722,675
Month-to-Date. Last Month =
$679,182.
=>
Semi Detached Home Toronto has biggest gain
204,000$
from last month
1,004,208$
up to
this month
=
1,208,073$
- This month Detached Home in GTA =
1,017,543$ - A
difference between Semi Home in Toronto and Detached Home in GTA =
190,500$
- In GTA
(Districts Around Toronto)
- Include: Brampton,
Vaughan, Scarborough, Mississauga, Markham, Richmond Hill, Peel ...
see Toronto Map
- In Feb 2020, Ave Home Price in GTA (Districts Around Toronto) =
$910,290. Compared to last year
Feb, 2019 =
$779,791.
Last Month =
$839,363. Last Calendar Year-to-Date 2019
Ave =
$819,319
- Detached Home in GTA =
1,017,543$.-
A difference =
190,500$
with Semi Home Toronto.
Last month, GTA Detached Home =
$957,287
Important News March, 2020
->
We declare Toronto Home Price
now is equal to Vancouver Home Price based on latest Data.
For the first time all Categories,
Detached Home, Semi Detached, Town home, Condos in Toronto now is
equal or surpass Vancouver.
- World Cities in Top 10 Ave
Home Price
in 2019:
Vancouver rank #4 in Global Average Home Price of Cities in the
World in 2019 latest Data in Top 10: 1) Hong
Kong, 2) Singapore, 3) Shanghais 4) Vancouver 5) Shenzhen 6) Los
Angeles 7) New York 8) London 9) Beijing 10) Paris -
Canada has 2 Cities 4) Vancouver, 4)
Toronto now in Top 10 Cities most Ave Home Price in the
world.
- Other Cities in Top 50:
There thousands of cities in the world. In top 50 in the
world from other countries: Australia: Sydney
#13, Melbourne #15, Ireland Capital
Dublin #16., United Arab Emirates (UAE)
Dubai #18, Saudi Arabia Jeddah #14,
Saudi Arabia Capital Riyadh #17,
Spain Barcelona #21,
Thai land Bangkok #33, Malaysia
Kula Lumpur #32, Soviet
Moscow #23, Italy
Rome #22, .
NOTE: Toronto,
Sydney, Melbourne used to be in Top 10. But these cities
were pushed out out of Top 10 List, because "..suffering from
increasingly Affordability constraints
", according to the "Research Report". Which is "
giving European
Cities
in Top 10.
" like London, Paris.
Now, Toronto comes back in top 10, but not Sydney, Melbourne.
Latest Data in March 2020,
Toronto has bounced back to # 4 or #5 before
Shenzhen #5 in 2019.
->
According to a Scientist, who is CS Professor, and has done
Research Scientist for big 5 Canadian
Bank . According to him,
Data has cause, relationship, correlation with other Data.
For example, Scientist can prove that when
Home Price high -> Rent high as well. Data also have
3 x Relationship:
1-to-1, 1-to-Many and
Many -to-Many. Data Relationship between
Student
-> Student ID
= 1-to-One Relationship, because A Student Dave
has one and only 1 Student ID and VS. That Student ID #2156 belongs
to only one Student Dave.
The Data Relationship between Customer
-> Invoice = 1-to-Many
Relationship, because Dave can buy 1 or more
Invoices, such as, Invoice 123, Invoice 317, Invoice 219. And
an Invoice ID#123 is bought, belong to one and only one Customer,
Dave. All is about Scientific Data, honesty,
not biased,
not from Mouth Data.
What is difference between
Scientific Data and Mouth Tongue Data?
Since Toronto Home Price goes up, we have seen
all kinds of mouth tongue price. Scientific Data comes directly from
Research of big International
Financial Organization, Government Agency
released Data. Mouth, Tongue Data comes from people, who just said,
direct from mouth, tongue, not official,
not scientific research. Thus easy exaggerated from mouth to
mouth. Anyone can say anything.
For example, a person said direct from mouth: -
This area, home is worth 1.5 millions.
This person Picks up a few very high Home Price at some high end
Location, such as, Downtown. Or this Home
Price is not proven because hear from other people said so.
When you ask them where that data came
from? -> Almost of them
said they hear from local people, someone, friends, relatives said. And next mouth could
exaggerate Price, so on...
This Price doesn't reflect a whole area, a city.
1) WHY such a jump and
Corona virus has no impact on Toronto Home Price & Home Sales, but
even push higher?
->
Because from now on and maybe
for a while, Interest
begins going down significantly a lot to deal with virus affecting
economy, not only in US, Canada. but whole world, this month
down - 0.5 point, used to be
up 0.25. Never seen such Interest Cut such low since Financial
Crisis 2008. Forecast it will continue go down more even to 0 or
Interest negative like Japan. It helps reduce the stress of Stress
Test. This is good
time for Buy Home for Home Buyers and Home Owners.
A person said: - Thank you
for your Blog boosting me more Confidence and Knowledge on Toronto
Home Market. Toronto is not Vancouver. It is Center of Financial
Hub and Manufacture Hub of Canada. While all kinds of negative
news because of virus, all kinds of sectors down, stock market down,
but at least one good news from Toronto Home Market boosting
my Confidence, and Consumer Confidence in general.
2) Of course, no
matter Rich or Poor, Home ups or downs, Home or no Home, every one
still needs to make ends meet, pay bills.
Ave Home Price 5 biggest Canada Cities
for month Feb, 2020:
In Feb, 2020, Montreal, 2rd biggest City
Canada after Toronto 1.75 millions population, Montreal University, McGill
University, Ave Home Price =
$383,800,
up 9.8% compared to last year Feb, 2019. Last month =
$382,000.
=> Rent:
Montreal’s average rent for a two-bedroom apartment is
$809 per month.
In Feb, 2020,
Vancouver City,
675,000 population, Tourism, Film Industry =
$1,008,700,
Home Price down
1.2% compared to last year Feb, 2019.
Last
month = $1,001,000
. Detached Home =
1,433,900$
- Condos
= 677,200$
In Feb, 2020,
Calgary,
1.26 millions population, Canada Center Oil Producers =
$411,500,
down 0.9% compared to last year Feb, 2019.
Last month =
$413,900.
=> Rent:
Calgary’s average rent for a two-bedroom apartment is
$1272 per month.
In Feb, 2020,
Ottawa,
884,000 population, Capital, Ave =
$453,600,
Home Price up 10.3% compared to
Feb, 2019.
Last month =
$486,800. Condos =
314,000$,
Detached Home =
$501,036. In 1999-2000, ave Home price $150,000
=> Rent:
Ottawa’s average rent for a two-bedroom apartment is
$1300 per month.
In Feb, 2020,
Kitchener- Waterloo,
234,000
population, Hi-tech, Start-up, Waterloo Univ, Head Office of Black Berry, Nortel,
Ave Home =
$571,203,
up 16.3% compared to last year Feb, 2019.
Last month =
$527,718.
- Detached Home
$615,000 dollars (Dec, 2019)
in Kitchener-Waterloo -
Condos = $333,000
(Dec, 2019)
Update February 2020:
Toronto Home Report was already released on
Feb 6, 2020. It starts strong beginning in new year
January 2020 up
100,000$. It seems
virus, cold winter snow doesn't affect Toronto Home Buyers.
Home Sales up almost
15.4%.
Sales growth in 2020 will be driven by the higher density low-rise
market segments (semi-detached
houses and townhouses)
and the condominium apartment segment.
Home Price is up, expecting to hit Ave = 900,000s
$ in 2020.
Last year 2019, it returns
5.6% = 47,063$ =
Gross Salary of 65K.
Toronto Home
Price ROI (Return
On Investment like in 2019.
Until now,
scientist makes sense of data.)
in the past 20y
has created a lot millionaires in Toronto,
contributes more than 1/2 millionaires in Canada.
Both Detached Home and Semi
Detached Home in Toronto still
Detached & Semi Home
Toronto Ave = A Millions Dollars Home.
- A Toronto Home Buyer said:
- As Data Computer Scientist & Professor,
you see far, and know how to make sense of Data. For example, you
said the the last 20y, on average Toronto Home Price has increase on
Average every year 40,000$ -> 50,000$. This is equal to gross salary
of 55K -> 65K / year. -> Thus, if you missed one year, you lost 50K.
Which means -> Thus don't wait Buy Home, Buy Home then
wait. Don't "Time the Market."
-> Just jump in. Ask people own
Home for 20y, specially who that is Data Computer
Scientist. They know Toronto Home and Data
better each year ups/ dows, and final result.
Software is built by Computer Scientist.
You apply Computer Science in Real Estate, use data make it easy for
common people understand. You help Toronto Real Estate Industry
grow. Thank you.
Scientist Answer:
- As Data & Computer Scientist,
we have mindset, see things different with common people.
A lot people now regretted because they lack of knowledge about Home
20 y ago. Now it is not too late.
Important News
1) This year 2020, all online media
expecting Toronto Home Price will soar 10% = around
85,000$ = Gross 125,000$ salary. Last
year up 5.6% = 47,063$ = Gross 65K
salary before income tax. Ave Home
Price will above 900,000s$ something.
Toronto Home Price soar this year could be because:
2) The Canada Government will make Stress
Test more "Dynamic" starts April 6, 2020. Which means
make it more easier, less strict, more
flexible for Home Buyers to borrow money.
3) As usual, lack of Supply while Demand
soar.
4)
Low Rate environment.
5)
Canada becomes a global destination for Immigrants.
191,600 rich Economics Immigrants 58% of 330,000 Immigrants come to
Canada last year. Still take 10 years
for Canada to reach 40 million population, 40m still a smallest
population in Industrialized countries G7.
NOTE: About Data
Collection. A lot countries don't have update
monthly Data, not used Ave Home Price Data like Toronto,
and almost city in Canada. Thus easy for people fake Data,
mouth exaggerate incorrect Information
in order benefit high Price. For example, they said:-
Home Price in this area very high.
-> Then mouth to mouth more exaggeration Price
-> Then a whole areas Home Price up, without
official Data, no regulations.
Ave Home Price 5 biggest Canada Cities in Dec, 2019: Not
update yet.
Montreal, 2rd biggest City
Canada after Toronto 1.75 millions population, Montreal University, McGill
University, Ave Home Price =
$382,000,
up 9.4% compared to last year Dec, 2018. Last month =
$379,000.
=> Rent:
Montreal’s average rent for a two-bedroom apartment is
$809 per month.
Vancouver City,
675,000 population, Tourism, Film Industry =
$1,001,000,
Home Price down
3.1% compared to last year Dec, 2018.
Last
month = $993,700
Calgary,
1.26 millions population, Canada Center Oil Producers =
$413,900,
down 1.4% compared to last year Dec, 2018.
Last month =
$419,400
.
=> Rent:
Calgary’s average rent for a two-bedroom apartment is
$1272 per month.
Ottawa,
884,000 population, Capital, Ave =
$486,800,
Home Price up 10.3% compared to
Dec, 2018.
Last month =
$441,800. Condos =
314,000$,
Detached Home =
$501,036. In 1999-2000, ave Home price $150,000
=> Rent:
Ottawa’s average rent for a two-bedroom apartment is
$1300 per month.
Kitchener- Waterloo,
234,000
population, Hi-tech, Start-up, Waterloo Univ, Head Office of Black Berry, Nortel,
Ave Home =
$527,718,
up 9.3% compared to last year Dec, 2018.
Last month =
$566,866.
- Detached Home
$615,000 dollars (Dec, 2019)
in Kitchener-Waterloo -
Condos = $333,000
(Dec, 2019)
**
What Did You Do 20y ago? **
Take at least 20y Buy
Home in Toronto + high Deposit at least 30% to be Rich
Since 1999 when Toronto Home so cheap? Did
they work low wage in Factory, Restaurant, Server, Engineer...? Go
back 20y. Take 20y be rich.
Case Study:
- A friend of mine, Professor H.,
who started career as Professor in 2006, just
Bought Home in 2016, with 20% Deposit = 200,000 $ for
a
Million Dollard Home. So far, only 3 years Home ownership..
Then still Bank's Home.
Why? - Because
take
him 10y Saving
200K to
Buy A Millions Dollars Toronto Home in 2016 by Prof high salary. So
Buy Home
only 3y in 2020 not much
ownership, only around
25% ownership
(Already 20% Deposit.
Most monthly Mortgage Payment paid for interest, only small paid
for Principal. Stress Test required
20% Deposit start in 2018). Home Toronto already
double in 2016 compared to
2006, Ave =
356,941$, very high
double
2016, Ave = 730,000K.
Thus Buy Home very high price.
Take Professor H. for
10 years, started career in 2006 -> 2016 Buy A Million Dollars Home
with 20% Deposit = 200K. Take Professor H. 10y to Save 200K. Now
only 25% Ownership. => What if a Factory, Engineer,
Teacher ... compared to Case Study of Professor H.
=>
While Professor David, started
career in 1998, 50$ / hr, 96,000$ / y (
NOTE: 96K
in 1998 in today money 2020 = 2.5x , 3 x =
250K -> 300K.
In 1998, mini wage = 5.50 /hr -> in 2020 = 14$ /hr = 2.6x.
Since 20y, Home Price in Toronto has increased
4x. Big Mac, Rent ... has increased 3 x.
By Inflation,
Money decreased Value over time -> Thus, Home increased value.
From a Professor. ).
Prof. David
Buy Home 30% Deposit
within a year, when
Ave Home Price = 219,000$
-> To be rich go back 20y when home so cheap.
From
Case Study
Prof H. started career in 2006, buy
A million dollar Detached Home in Toronto
in 2016 with 20%
Deposit = 200K. Today 2020, Prof H. 's Total Asset = 25% ownership =
250,000$
+ His Home Price
in 3y
has up 150,000$,
in 2016 Ave =
729,837$
-> Ave in
2019
= 883,520$
(Good Return only in Toronto).
Thus, since started
Professor career in 2006 to now, Prof H, Total Asset =
400,000$
(Prof H. still have 50K student
debt, although paid off alot.)
. And Prof D. in 1998, when Ave Home Price =
216,815$. Then Apply
in "real
talk" -> Who were you when started
career in 2006? - Student, Factory, Server, Office Worker, Engineer,
Teacher, Scientist, Professor..?
Back 20y, it
doesn't matter what kind of Home, Detached, Semi Detached. If you
started your career 20y ago as Factory, Engineer, Teacher, you will have
less asset than a Professor started career same 20y ago, like Prof.
D.
Because Professor D. can buy Home with
high Deposit, or multi Homes same year. Not waiting 10y for Saving.
Look at Salary of Prof D. =
50$ / h or 96K / y
from 20y ago, in today money =
250K / y, and do grad 5 math.
After 20y, Professor can buy 4 x new
Detached Home, each 1.3 millions with 20% Deposit each.
People are greedy. They
spend 270,000$ for 20% Deposit to buy a
Detached 1.35 millions. Then they think
they own 1.35 millions. How smart is it? They ignore
over 1 millions dollar in debt.
It took 10y for Professor H. to save 200K
from started career in 2006 -> Buy Home in 2016, when ave Home Price
already double Ave 2016 =
730,000$.
How long does it take you to save
200k in order to Buy A million dollar Home in Toronto with 20%
Deposit ?
=>
What if you are not Professor, Salary
less than Professor ? You are late to Buy Home few years
later than 2016, because not enough Saving. -> In 2017, where Ave
Toronto Home Price even higher Ave 2017 =
822,727$. -> In 2018,
Stress Test (OMG. No hope)
took effect make is even harder to Buy Home than in 2017?
-> Just late than 1 year Buy Home in 2017,
even high Salary
like Prof H may lost opportunity Can't Buy
Home, or Buy Home with small Deposit =
10% not 20%
->
While Prof D. most advantaged,
started career early as Prof in 1998, when Ave Home 1998 =
216,815$.
With his salary = 50$ / hr in 1998
equal to 250K /y today money, He can
buy home high Deposit or
multi Homes in 1 year.
Data helps people see far, Problems Solving easy. All
Data is given so people can see & verify.
Much, much, much better than no Data ->
"Real Talk"
A woman said:-
My man said
he has a millions dollar Home (Rent Home).
He didn't had LinkedIn ( a flag, not a Professional ).
He is not a Professional, and not live in
Toronto. Now I learn a lot from this Blog that Home is the
most important make a big difference between
Something and Nothing. I can analyze Data, such
as, Location, Deposit, Ownership, Ave Home
Price, Total Asset, Need working at least 20y to be Rich, No Home is
Nothing, 100K Ave, because 49% Canadian, Japanese, 60% US, 62%
S.Korea adults no 100K. Thanks.
-> Because even Professor H. such high salary still nearly missed
to Buy A Million Dollar Home
in Toronto.
"Real Talk"
| Update: March 6,
2020 To be rich, Ask " 1) What were you doing 20y ago? 2) How much was your salary 20y ago? 3) Where did you live 20y ago? " - Because take 20y working hard, save 50K / year to be rich - Because 20y ago, A million dollar Toronto Home was so cheap. - Because doesn't matter what type of Home, take 20y Home Ownership. Take 20 y to be rich. Of course, no matter Rich or Poor, Home ups or downs, Home or no Home, every one still needs to make ends meet, pay bills. HOW? Ask :- What did you do in last 20y in order to save 50,000$ / year continuously in 20y? -> Just ask this simple question and use grade 5 math. Save 50K / year, live in US, Canada no easy, unless you are Professor with salary over 100K / y 20y ago. What if 20y ago, you were in school, or worked as Engineer, Teacher, or minimum wage Server, Factory? Easy. Use grade 5 math. Learn many Case Study here. You can know accuracy Wealth of your partners, your friends. Have
Home + Car, but Total Asset =
55,000$
A person said:
-
"I have a Home 1/2 millions, and a car."
- Big cheese. -Then show photos of very nice 1/2 million dollars
home, car. His asset in
home actually only 50,000$
because bought Home few years ago with 10%
deposit. Must work at least 30y more.
But still better than Rent Home
+ Used car = 5000$.
Total Asset = 55,000$.
->
This Case Study can find anywhere in
Canada, in US, in the world.
See Ave Home Price in US in 50 states in 2019
from Business Insider. All is about
DATA. A Scientist Professor says: - When says ".. I have Home, Car ..." This is not Data because Home, Car is object, abstract, imagination. Need be measured. -> Seems like all Homes are equal. A million dollar Home same as 100K Home. Thus easy exaggerate or mislead people. We should use Total Asset to measure Home, Car. Total Asset is Data because it is measured. Each Home Value is different Price depends on: 1) Where City, Town? Location, Location, not big or small home 2) How Much % Deposit 5%. 10%, 20%, 30% Pay Off Home fast .. More Deposit faster Pay off Home like Deposit at least 30% -> Pay off 20y. Deposit 10% -> 30 year. But longer saving if not high salary like Prof. Example if buy 500,000$ Home, deposit 100,000$ for 20% take 15 years saving. Then deposit 10% = 50000$ take only 8 year saving. Most people deposit 10% because small salary. Can't wait 15y because Home Price will up 3) Home Ownership = How long Own Home -> Pay off Home 30y different with Pay off Home 20y is = If mortgage + property tax = 5000$ / month x 12 mo x 10y = 600,000$ pay extra than Semi Detached Home paid off 20y -> Choose Semi Detach pay off Home in 20y by increase Deposit at least 30%, faster than Detached home expensive take 25y, 30y paid off. -> Thus add on 5y = 300,000$ extra, 10y = 600,000$ extra. After 20y can always upgrade from Semi -> Detached or buy another Semi. 4) Type of Property = Detached, Semi, Town home 5) Renovation could increase Home Price 50K -> 80K So when a person said:- I have home. You need to ask:- 1) What is Ave Home Price of Location, Location. Toronto different with Montreal. 2) When Buy Home how much is Deposit? 3) Home Owner Ship? How many years already paid into mortgage? 4) What Type of Home? 5) Home Renovation. -> All of this make up the value, price of a Home. Do not rush into talking. This apply same in Business. -> Which helps make good decision and problems solving. A Computer Scientist Professor, who is teaching " Data Analyst, Design, Implementation, and Management " in College for Computer Science Students, has done this test to demonstrate the important of using Data in Making Decision & Problem Solving. He gave students college level A Case Study. A owns A Semi detached Home for 20y, bought at least 30% Deposit. B owns a brand new 1.5 millions Detached Home bought 10% Deposit. Now in market as of March 2020, Detached home worth 1.48 millions, Semi Detached worth 1.2 millions. He asked "- Which one is richer, has home most value?" -> 95% of Computer Science Students at College level said: "- B has new Detached Home most valued 1,48 millions, richer " Professor laughing said: " - A is more richer than B. A could buy 4 x Detached Home 1.48 millions like B, but with at least 20% Deposit, not 10%. ". Students ignored Deposit and Ownership, rush into making decision not good, not accuracy, not see far -> Thus apply in Business, Business Development, in Investment, Stock Market, in Software Design ... could lead to failure. As you see, today most people are making decision, problem solving no good, because do not use Data Intelligence most used by Scientist. Spend 270,000$ for 20% Deposit to buy a new 1.35 millions dollar Home. Then claim I own 1.35 millions, ignore 1.1 millions in debt. This is too much greedy, too much exaggeration over 1 millions, not honesty, blah blah grade 5. Allow 20y work hard & reward pay off whatever Home -> This called Work hard & Reward for 20y working hard. => That's why need Data in fairness, honesty, no biases, good faith. Want
to be a millionaire? - Big dream = Take 20y Work hard & Reward.
Not late. Don't be greedy. Be patient. Work hard & Reward -> Millionaire take 20y working hard. Which is still much better than take many Generations over 100y working hard still Not... See far. Move to Toronto -> Buy A million dollar Home at least 20% Deposit around 200,00$ -> Work hard 20y. NOTE: Work hard & Reward. Not jealous rather an example of encouragement. Millions of people live in Toronto come from all kinds of backgrounds, nationalities, from small towns, different cites, who started = 0, faced challenging, obstacles, biases, in order to make big dream in big City. NOTE: As Scientist, I talk Data. Without Data people think abstract, not real. What ever their mind imagines, because lack of Data they can't measure. For example, when said, to be rich, need working hard 20y. People don't see the "real number". Can't measure "Rich" -> Why take 20y long time? - But when I said need saving 50K / year. Now they see "real Data = Save 50K / year for 20y to be rich = Millionaire. " -> Not easy to be rich. -> That's why Take 20y. How do I save 50K / year, when income not even = 50K / year in last 20y. Then I need pay Rent, Tax, Car, Food, Travel, On/Off job... too. Not easy. That's why need Data so that can measure. -> Without Data, people can say anything, imagine anything that can't measure, can't see value. For example, We know Ave Toronto Home Detached or Semi Home is A million dollars Home. It seems a lot of millionaires in Toronto, but Not. Data shows that around 260,000 Millionaires in Toronto in 9.6 millions Toronto & GTA population, more than 1/2 millionaires in Canada 505,000 millionaires rank # 2 millionaires by population in the world. Thus not easy become Toronto millionaires even live in Toronto. People Buy/ Sell Home often after 10y, 15y. Not many people live in home for 20y. Home like Stock, you have to keep long term to see profit. Don't cash out/ in get profit too soon. -> The Data of Millionaires tells whole picture of a City Toronto Rich, but not easy become Toronto Millionaire. Ottawa has 25,250 millionaires, Vancouver around 40,400 millionaires, Quebec more than 250 years founding around 106,052 millionaires. China, today a rich country, 1.39 billions people, but only 1.9 millionaires. Singapore is the richest country in Asia -> There are 183,737 millionaires in 2019. -> Without Data, people can't see values, can say anything, imagine anything that can't measure. |
 - Started Life = 0 alone in Toronto. From poor, factory to Canadian Scientist Professor Millionaire. Started career as Professor 20y ago, in Middle Class Toronto 20y ago. From Factory 5.50$ / hr to Professor salary 50$ / hr, 96,000$/ y 20y ago, today equal to 250,000$ / y. With this high salary, Professor could do anything. Buy Home with high Deposit, Multi Homes - Today, Home in Toronto A million dollars Home. Middle class Home Owners in Toronto wants to become millionaire. Big dream. Why not? Congrat ! -> But, allow 20 years Work hard & Reward Home Ownership. Be patient. Don't be greedy. Home like Stock long term, don't Buy/ Sell Home too soon after 10y, 15y. Keep at least 20y. I still continue working hard next 20y. - Advice: - In any country in the world, people like you, whatever background, as a good citizen, Contribute to society, Work hard & Reward & Get Rich. To get rich, like a frog jumps out small well, sees big sky -> Just leave small town move to big City Toronto, 9.5 millions population, where 260,000 millionaires, more than 1/2 Canadian Millionaires live. Started Life = 0, no family support, not easy, but Reward Big. -> I, no privilege, did it. You will OK. There are always ups/ downs like coast rider. Try your best. Real Talk. => A sample of Prof David, click Cheque in 1998, 50$ /h, 96,000$ / year equal to 250K /y today - Update March, 2020. |
NOTE: In 2016, Ave Home Price 730,000$ includes all
properties: Detached, Semi, Town home, Condos. Thus Ave just Home
Detached & Semi, would be higher. For example, Ave Home in Toronto
is 883,520$ in Dec, 2019, but Ave Detached, = 1.35 millions, and Semi Home = 1.1
millions.
=>
Analyze
in Feb:
When analyze you need to provide Data
as much as possible. Don't
use your mouth, people mouth.
Data helps measurement. Without
Data, you can't Measure -> Can't measure then Can't See, Can't
Value. -> Can't see, can't value -> Make decision no good. Lack of
Ability, Capacity. Lack of Vision.
Blind. See near, see good as same as bad.
Biases.
=>
- Could you forecast next 10 y
Toronto Home Price ? Will analyze ROI
(Return On Investment).
=>
Yes, use data last 20y. Soon.
=>
- Put 200,000$ in Stock Market or in
Toronto Home Market? Will analyze ROI
(Return On Investment).
=>
- Upgrade from Semi Detached Home to
Detached Home or Buy another Semi Home? Which one more values, more
benefits, less Cost, less Risk, economically make sense, and
Richer?
=>
- In 20y, minimum wage, and all kind
of salary had increased significantly more than double. Example,
minimum wage has increased 2.6x from in 1998 = 5.5$ -> 14$ / hr in
2018. Do you think Buy Home today is easier than 20y ago? Prove used
Data.
- Can't prove
by saying that:- Home in Toronto very
expensive, Ave = a million dollar Home. -> Not see far,
not good, not enough Data. Can't make good decision. But, at
least you give 1 x Data
Ave Home in Toronto = a million dollar Home. Still better than
people direct blah blah from mouth Grade 5,
not any Data. Example, Some people said: -
" Condos in Toronto worth 1
million dollar. Or, Home in Toronto very expensive worth 2m, 3m
dollars. Or, my friend home just
bought 1.5 m in that area. Or, I see a Home 2 m for Sales in
that area." - Yes it is true that there are a lot
million dollar condos in Toronto, there are Home in Toronto worth
expensive multi million dollars. But no good Data,
not scientifically, fake Data, exacerbation, lack of education.
This is biased
because you just pick up small quantity of expensive million dollars
condos, expensive multi million dollars Homes in
some areas, some streets. some people to present all
properties in Toronto. People said this,
their Ability & Analytics = Grade 5, don't know
anything, exacerbation, fake data.
-> How? -> Need to
Take
Average of all Properties =
883,520$, of
Average of each type of Property, like Ave Detached =
1.35 m,
Ave Semi = 1.1m,
Ave Condos = $663,894
... in every streets, remote areas, all Districts, Municipalities,
small Towns in City, like Real Estate Industry of Toronto.
No exaggeration.
-> Said a Data & Computer Science Professor
-
Currently, Both Detached & Semi Home
Toronto Ave =
A Millions Dollars Home.
- In Dec 2019, Ave Detached Home Price
= $1,318,953 Year-to-Date. And Semi-Detached
Home Price = $1,044,675 millions Year-to-Date.
And Ave Home Price in
Toronto = $883,520 Year-to-Date.
NOTE: About Data
Collection. Usually, every month you get monthly Data
compared to same months of last year, called:
Month-to-Date Data
from report every month. OK
accuracy, reflection month by month Ups / Downs.
The most important Data is
Year-to-Date Data, which
is summarised, calculated for A
Whole Calendar Year of Home Price for that year.
Most accuracy.
Update January 2020:
New Home Price in Toronto, and GTA already
out in January, 2020 for December, 2019.
Stress Test Caution
according to CEO Royal Bank. Read this
article about the Housing Market View of CEO Royal Bank,
one of the biggest bank in Canada. According to him, "-
Stress Test has decreased the Demand for Housing Market, caused
looming and rankled for Real Estate Industry ". Stress
Test caused less Demand on high price Property like Detached Home.
Consumers will buy more on less Home Price Property. But he admitted
that Stress Test is good policy when Interest low. He also admitted
that bigger challenges for Housing Market not in Demand side but in
Supply side. Canada continues attracts an increased number of
immigrants.
Translate stress test into real Home Buyer. The stress
test means that, a borrower with 20 per cent down payment
or Deposit 20% = 120,000$, and an
income of $100,000 a year, even like
salary of Professor, could qualify to buy a house worth about
$597,000,
while ave Detached Hone = 1,35
millions. Harder to qualify
Buy Home. As
we said, not easy Buy Home in Toronto.
If you could not Buy Home 10y ago, you will never Buy Home
now in Toronto.
WHO can afford Buy Home in
Toronto? - Millionaires, Rich Middle Class, High Salary
over 100K, like Professor, combined 2 x Income of 65K, Rich Economic
Immigrants account for 60% of all Immigrants in Canada.
During Toronto Housing peak & cooling in
2017, a lot Home Owners either cash-out profit or selling their
home, now, very difficult for them to Buy Home.
https://www.msn.com/en-ca/money/real-estate/ceo-of-canadas-biggest-bank-calls-for-caution-as-ottawa-considers-adjusting-mortgage-stress-test/ar-BBYI2wo?ocid=spartanntp
The
Return of Detached or Semi Detached is the same after 20y Buy Home.
See prove below.
Where Canadian Millionaires live in Canada, and How Many of them?
Latest Update:
Jan, 2020 The Star is number #1 News Paper and Media in Toronto. Data from The Star in 2012 validates about Data in 2018, we show Canada has 505,000 millionaires. => With 505,010 millionaires Canada rank #2 of millionaires By Population in the world after US What does it mean as
millionaires?
- Dan
Professor,
in Toronto,
Buy Home early
in 1999 or 2000 with
high Deposit,
already own Home ownership
= 20y.
His
Wealth increased to
2 millions. Because started career early high paid job
as Professor, 4x times higher than Engineer,
Teacher. Which allows Dave Buy
Multi-Homes, and
Buy Home early + high Deposit.
|
Since 2018, Canada has
505,000
millionaires, an increase
83,000 millionaires since 2012, near 20% in 6 year
or 3.3% / y. Put Canada
rank #2 of millionaires By Population in the world.
From 2012 -> 2018 = 422,000 -> 505,010 of millionaires
= 20% of Growth. Ontario, Toronto
gets half of increase = 10%, thus from 2012 = 47% ->
57% of all
Canadian millionaires population, because Home Price has big
increase 370,000$ from 2012 ->
2018 in 6 year. And 1/2 Growth of 20%
in 6 years = 10% Growth for the rest Canada.
Quebec, Montreal increase =
2%, thus from 2012 -> 2018 = 19% + 2 % =
21%. Already,
Both = 78%
of all Millionaires population Canada.
The rest of Canada =
22% What about Canadian Millionaires Population if Toronto Home Price did not increase? -> Probably will not rank in top 10 in the world. Toronto is not Vancouver. It is Toronto that hat increased the big number of Canadian millionaires population. Toronto is big difference with Vancouver. It is the biggest City of Canada, large population 9.5 mil, Headquarters of large Corporations, Head Offices of biggest Banks, Stock Market, the Center of Financial Hub, and Manufacture Hub of Canada. To stimulus the Demand of Housing outside Toronto, Vancouver, Government of Canada has policy already in effect since Sep, 2019 to support Home Buyer by financing 10% for home under 800,000$, free Interest Loan. As a result, we see recently, Home Price goes up across Canada. For example, Ottawa up 11.5%, Montreal up 9%, Kitchener-Waterloo up 15% ... NOTE: From 1998-1999 -> 2012, Ave Toronto Home Price more than double from 219,000$ -> $497,130, an increase = 278,130$ in Toronto. Which puts 100,000 extra millionaires on the list. From 2012 -> 2018, Ave Toronto Home Price near double from $497,130 -> 870,000, an increase = 373,000$. Which puts 83,000 extra millionaires on the list. "- One of the assumptions behind the increase in the number of millionaires is that Canadians' housing wealth will continue to rise — no collapse in that market " said Jim Davies, an author of the study and Economics Professor at Western University. Ontario, Toronto from 2012 = 47% -> 57% in 2018 an increase 10% (even more) = 287,900 of all Canadian millionaires population, because Toronto Housing booming Home Price up near double, because a huge increase in Home Price from 2012 -> 2018 = 373,000$ only in Toronto, not seen in other places out side Toronto like Quebec, Ottawa, Vancouver, the rest of Canada ...And even the World. The more far away from Toronto, like GTA, Districts around Toronto, Home Price is reduced significantly few hundreds of thousands dollars. Quebec, Montreal, 8.5 million population, only French speaking province, in 2012 = 19% -> 21% a 6 year increase 2% in 2018 = 106,052 of all Millionaires population Canada. Although Home Price does not much increase around 380,000$. But Quebec Millionaires, Upper Class have been rich, Wealth accumulated over 256 years in many Generations since 1763 established of Province Quebec. Came from rich France Immigrants. Already, Both = 78% of all Millionaires population Canada. => Hardly to distribute 22% of millionaires population to the rest of Canada. So we look for places where will create millionaires, which is big City, Capital, rich Location. - Estimated, Capital of Canada Ottawa (population 1,000,000, a million) = 5% Millionaires of all 505,000 millionaires, around 25,250 Millionaires. Ave Home Price = 441,800$. Translate into Home (Detached or Semi) Ottawa less than Toronto 700,000$ -> 800,000$. - Province BC (British Columbia), its city Vancouver (population 680,000) = 8% of all Millionaires, around 40,400 Millionaires. Vancouver Home Price has decreased significantly only more than 70,000$ different from Toronto. And small population 14x less than Toronto. - The rest of Canada = 9%, which includes: - Hi tech, Start-ups area, Silicon Valley of Canada, Kitchener - Waterloo Proximately 2% Around 10,100 Millionaires of all 505,000 Millionaires, population 240,000 - Canada Center Oil Producers in Alberta its Capital Calgary, proximately 3% of 505,000 Millionaires, Alberta population 4.4 million. Around 15,150 Millionaires - The remain of the rest population Canada, other Provinces, and tens of thousands of small Towns across Canada proximately 4% = 20,200 of Millionaires. They live in Provinces: Manitoba & Winnipeg (Ave = 306,000$), New Brunswick (Ave = 178,000$), Newfoundland and Labrador (Ave = 246,000$), Nova Scotia & Halifax (Ave = 320,000$) , Prince Edward Island (Ave = 230,000$), Saskatchewan (Ave = 287,000$). Ave Home Price around 500,000$ -> 600,000$ less than Toronto & GTA. Translate into Home (Detached or Semi) less than Toronto 750,000$ -> 900,000$. Canada’s three territories are: Northwest Territories, Nunavut, Yukon. What if take Home away from middle class and millionaires? - 90% their wealth in Home, their piggy bank. Income every month, Mortgage (or Rent) is paid first 1st priority -> Then Car, Living Expensive, food, debt in second 2nd -> Not much money left. -> They still make ends meet. They have more expensive to pay than people no home. People put money in Home, in Stock most popular. Only idiots put money in Cash under bed, and spend fast. You have to live as middle class home owners in Industrialized Countries in order to understand their lifestyle. NOTE: As scientist, We use Data Science to explain something like Housing, Life, Economy, Computer Science.
How Data Scientist
Collect Data:
(update 24/1) |
Update January 2020: latest Home Price in
Toronto
NOTE: Scientists and Real Estate
Industry used Average Home Price, Bench Mark Home Price, Median Home
Price for equally distributed a whole City, including many
areas, municipalities, streets. They don't pickup some areas, some
neighbours, my friend Home, my parent home...where home price
expensive, then used these Home Price to present a whole City. For
example, in Downtown Toronto, there are Condos = 1 millions dollars.
Then use a million dollars Condos Price to present for price all
Condos in Toronto. This is "faking price"
, exaggerate. Home Price also depends on
Renovation, a 50K Renovation could increased 50K, 70K.
When says Ave
Detached Home = 1.35 millions means not all Detached Homes
1.35 millions. Some more than 1.35m = 1.5m,
1.6m... Some less than 1.35 millions =
1.2m, 1.3m ... Scientists then
used Ave = 1.35m for
Fairly Distributed Presentation a whole
City, not 1.6m nor 1.2m.
Home Report in Jan, 2020. -
Headline:
1) - Lack of Home Listing and Home Supply, while the Demand continues growth
outpace of the Supply. Increase competition between Buyers.
This makes Home Price in Toronto, GTA
increase.
2) - Lower Interest Rate at historic low 1.75% thus lower Mortgage Rate and
Rising Population. See Toronto map,
click here
3) Toronto Star -> Toronto home prices
likely to be hot again in 2020 after 4 per cent increase last year.
Resale home prices rose by 4 per cent in the Greater Toronto Area in
2019. And prices will continue to rise into 2020. Home Sales
in GTA increases 17.4%.
4) During winter months like December, January, February, usually,
Home Price goes down because of the weather,
snow, less Buyers.
5) - Based on latest Ave Home Price of Detached and Semi Detached Home, you
own 2 x Semi Detached Home = 2.2 millions, 1 x
Detached Home = 1.35 millions. Thus owning 2 x
Semi Homes, you have 850,000$
over 1 x Detached Home. But the cost for Maintenance and Property Tax, not
much different.
Ave Home Price 5 biggest Canada Cities in Dec, 2019:
Montreal, 2rd biggest City
Canada after Toronto 1.75 millions population, Montreal University, McGill
University, Ave Home Price =
$382,000,
up 9.4% compared to last year Dec, 2018. Last month =
$379,000.
=> Rent:
Montreal’s average rent for a two-bedroom apartment is
$809 per month.
Vancouver City,
675,000 population, Tourism, Film Industry =
$1,001,000,
Home Price down
3.1% compared to last year Dec, 2018.
Last
month = $993,700
Calgary,
1.26 millions population, Canada Center Oil Producers =
$413,900,
down 1.4% compared to last year Dec, 2018.
Last month =
$419,400
.
=> Rent:
Calgary’s average rent for a two-bedroom apartment is
$1272 per month.
Ottawa,
884,000 population, Capital, Ave =
$486,800,
Home Price
up 10.3% compared to
Dec, 2018.
Last month =
$441,800. Condos =
314,000$,
Detached Home =
$501,036. In 1999-2000, ave Home price $150,000
=> Rent:
Ottawa’s average rent for a two-bedroom apartment is
$1300 per month.
Kitchener- Waterloo,
234,000
population, Hi-tech, Start-up, Waterloo Univ, Head Office of Black Berry, Nortel,
Ave Home =
$527,718,
up 9.3% compared to last year Dec, 2018.
Last month =
$566,866.
- Detached Home
$615,000 dollars (Dec, 2019)
in Kitchener-Waterloo -
Condos = $333,000
(Dec, 2019)
 NOTE: In 2018, Total millionaires in Canada is 505,000 millionaires. In 2012 before Housing booming in Toronto & GTA, there were 422,000 millionaires in Canada, 47% of Millionaires live in Ontario & Toronto = 47% millionaires, Toronto is its capital, and 19% of Millionaires live in Quebec = 19% millionaires. Province Ontario and its Capital Toronto & Province Quebec and its Capital Montreal = nearly 70% of millionaires population of Canada. (See Toronto Star) In 2012, ave Home Price in Toronto = 497,130$, in 2016, ave Home Price in Toronto = 730,000$. In 2018, about more than 1/2 Canadian millionaires live in Toronto, estimate 262,600 millionaires in Toronto & GTA 9.5 millions people = 2.7 %. => While the richest country in Asia is Singapore in 2018 has 183,737 millionaires Toronto has 9.5 millions people and ave
just Home Detached + Semi = above 1 million. Why Canada has only 505,000 millionaires ? |
- Latest Data in 2019. 4.5%
of Adult Population over 18 not 37 millions of general population.
In Canada most Millionaires live in Toronto
Big men talk about Home. Common men talk about Car, Cash,
small stuff...
The Law of Attraction says: - If you
talk to people, who are not interested in Home, not Like home, not
understand Home -> Then 90% they had no Home, never Buy Home, not
interested in Home, because lack of knowledge, not Like Home.
Home is the most important investment
of your life.
Almost 90% of online Media
gives you 1 x Data, which is
the Average Home Price of GTA =
843,637$.
This is not accuracy, not good enough to understand Toronto Housing.
=> Here, we give you alot of Data,
including Home Sales & Home Price Data of Toronto, GTA separately.
Not enough, we give you Data of each Type of Homes, such as,
Detached, Semi Detached Home, Town Home, Condos. We also give you
Last month Data, Last Year Data of both Home
Sales & Home Price, Data of the 5 biggest Cities of Canada,
including Vancouver. Housing Data
of biggest Cities and States in US. So only one
source from here, You can see a whole view of Toronto Housing
and 5 biggest Cities of Canada, and of
major Cities & States in US.
As Data Scientist, We have been doing observation & research
Toronto Housing since its Peak & Fall & Cooling, Ups, Downs, Data
**every
month** since 2017.
We can see a holistic View about
Toronto, GTA Housing. Using Data, we can see something that common
people can't see. Apply Economic, we explain why Home Sales & Price
are driven by Supply/ Demand, by main factors like 1) Immigration,
2) rich Middle Class who can afford
-> These rich middle class people
have Capital to Buy Home the most, more than Foreigners, New
Comers, as second investment or help their Relatives. A 20y
Middle Class can Buy 3 x Homes 20% Deposit. Having 1st Home helps
Toronto Middle Class easier buy additional Homes. Canada has the
richest Middle Class, Millionaires by Population in the world rank#2
same as UK. Toronto Middle Class has 1/2 millions dollars richer
over the rest Middle Class in major Cities Canada & US, only after
Vancouver and some areas in US Silicon Valley. More than 50%
Canadian Millionaires live in big City Toronto, not in Capital,
just like other countries. Immigrants, New Comers
helps population growth, increased more demand for Housing. They
are good Renters for Middle class Home Owners.
Immigration
#1 Factor -> Population
Growth, Economic Growth, more Businesses
created from
rich Immigrants 65%
of All Immigrants come to Canada,
more Workers from poor
Immigrants, since cheaper to bring immigrants produced right away,
more Products & Services produce -> More people Demand for Rent &
Housing -> High Rent -> more Demand for Home
-> high Home Price.
Because people don't want to pay high
Rent, thus Buy Home. They also Buy Home, but not as
much as Middle Class Toronto. Even
Immigrants, New Comers high
Demand for Rent also create more
Demand for Homes. WHY?.
So Immigrants is the #1 important factor for
strong Demand Toronto Housing,
unlike Vancouver, and other Cities in US & Canada.
That's why Toronto Housing Market driven by
Immigrants, Toronto Middle Class, Millionaires is different with
Vancouver Housing Market, and other Cities Housing Market in the
World. Toronto is
only City in the World has multi cultures, because high population
of Immigrants. 3)
Interest Rate, 4)
The Economy, 5) Inflation money lost
values overtime, price goes up naturally, a MacDonald big Mac, 100K
in 20 y ago different with a big Mac, 100K in today, and
6) Government Policy, like Stress Test, a tool
control only Demand Side, but not Supply Side.
Click here see Supply/
Demand Chart, Price vs Quantity for Toronto Housing's Problem
Solving. Thus create competition between Buyers while lack of Supply
-> Home Price continues up unless Supply Side improve.
We also include analytics about Home, which will help
you make a lot of money, make better decision,
and importantly,
you will not be
fool, when someone blah, blah grade 5 about
Home without Data. They already make a lot of money using this
knowledge, make right decision using Data.
Why as Data & Computer
Scientist should talk about Technology, but talk about Home?
- Because if
just talking about Technology will not draw a lot of viewers,
boring, and not
much Technology stuff to say every month.
Home is Big. Every one, including
people in Toronto & GTA, and in other Canadian provinces, and
abroad, likes to know more about Home in Toronto, GTA. Which could
apply in their own Housing, their own City.
People work hard a whole life, 9-5 ever day just for Home. People
become rich, millionaires because of Home. We as Data &
Computer Scientist, want to use this Data
Science, Technology skill to apply in Home. Like we use this
hi-tech skill apply in Business-> Build software
helping business solve problem. -> Which helps people
make the most important decision in their life:
Have Home. Have Something.
We use Data, no biases.
A lot people said: -
While people talk about Rent better. Reading
your Home Blog, understanding more about Home, we save money, just
Buy Home first time.
Thank You.
November 2019:
Few Notes: Almost
middle class, millionaires, whoever in Toronto still make ends meet.
If some people said they are already have Home, millionaires,
no need money, no need make ends meet. This is narrow minded, wrong.
Every one regardless background, rich, poor, social class, has the needs to
make ends meet.
Home Report in October, 2019. -
Headline:
Sales jump 14%, Price up 5.5%. Semi in
Toronto = 1.1 millions. Detached
in GTA = $952,000,
difference = 150,000$.
This happened almost 9 out of 10.
From now on, we will show the differences between them.
See Toronto & GTA (Greater Toronto
Area) map below.
NOTE: To avoid
people blah, blah, mouth, tongue use few expensive Homes, my
friend's Homes, few Areas have expensive Home Price like Downtown,
then present as a whole. This is dumb grade 5, unscientific,
faking, biases. The Real Estate
Industry uses Average
Home Price of all areas for easy to
understand, keep track, historical data, remember, analyse, fair
distribution, accuracy. Use Data, scientist see far than
common people
For example, saying in 1998-1999, ave Toronto home price =
$219,000, every one can understand easily
Home Price 20y ago vs now = around 4 x times increased. From here,
scientists can analyse -> How Could ave
person can afford a home? What kind of income? -> Then
Data Scientist can see: - While income,
salary grows only 2x or 2.5 times but Home grows 4., 4.5 x times.
Thus nearly double 1.5 or 2 x times
harder to buy home today than 20y ago, even salary increase double
compared to 20y ago. From one Ave Home Price Data,
scientist can see a lot of things. So on .....
A Scientist Professor said:
- Using Data in 20y proves that Buy Detached Home many not return profit
than Buy Semi Detached Home. A
65K question.
-> When Home Price Ups / Downs,
all types of Properties Ups/ Downs. But Detached Home Ups a lot, and Downs
the most. For example, in Housing Cooling in 2017 - 2018, Detached down the
most $300,000, while Semi dows
$100,000, Detached Down
3 x times more than Semi Home. When Home
Price Ups/ Downs, but the Home Price of Detached vs. Semi is difference in
the range [ $150,000 -> $250,000
or around 15% - 18% ].
Based on latest current Home Price, currently, in 20y, Detached
return profit more than Semi =
230,000$ after 20y. Thanks to
Home Price in Toronto always ups in 20y. How about if Home Price downs,
or flat? the Profit Return could be small =
$100,000.
But the Extra Cost is always fixed, Interest will Up not small
historic very low like right now. While you buy
Detached Home, you will borrow extra mortgage $200,000 -> $250,000 -> Thus
cost extra your budget for Mortgage, Property Tax (Detached double Semi),
other expensive like Home Maintenance, Home Insurance, around
$ 2000 / month more than Semi Detached
Home. -> In 5 years you pay extra cost =
5y x 12 mo x 2000 $ / month = $120,000
extra cost over Semi -> Thus 10y pay extra =
$240,000 extra
cost than Semi -> In 20y pay extra =
$500,000 half a
million extra cost than Semi. -> Thus for a Detached Home
you pay extra cost in
20 y = 500,000$
near double for the difference Price between Detached vs. Semi Detached = at
the most = $250,000.
The extra cost more than the return Price between
Detached vs. Semi means Buy Detached doesn't means more profit than Semi. =>
Thus 20y ago, Own
a Detached Home doesn't mean you gain more Profit than Semi, because you pay
more extra Cost than own a Semi.
Now look at the Ave Home Price in 20y, 20 y
ago = 219,000$, now Detached = 1,32 million and Semi = 1.1 million, ->
At Oct 2019, the Profit return is of Detached vs. Semi = $220,000
after 20y. But the extra Cost around 500,000$ -> You do not gain but also
you may lost $250,000 in 20y. You don't count the
Extra Cost = $500,000
but count only the different
Price Profit of Detached over Semi in 20y = $230,000.
-> In 20y Extra Cost more than Profit Price between Detached vs. Semi
based on latest Data in Oct, 2019. -> Semi less risky than Detached if
lost income, interest Up, Home Price flat or down.
You can always upgrade
from Semi -> Detached any time will cost around
150K -> 200K, based on current Ave Home
Price = 900,000s. If Detached in future Price may go downs -> Then Buy Semi
first waiting for Detached Price down then upgrade.
=> Because Extra Cost of Detached is big, you will be better buy
2 x Semi detached Homes, value = 1.1 million x
2 = 2.2 millions
over 1 x Detached = 1.32 millions.
=> He said:-
So if some one say Buy Detached more profit than Semi
is not right. Need Data Scientist see far than common people can't
see, see near, blind, small, see biases, making decision not good, because
lack of Data or not trained in Data Science like Anthropologist.
Which saves a lot money.
Having Data, access Data doesn't means you
can analyze data. You need Data Scientist
make sense of Data.
That's why people see Data but don't see, don't
know what it means.
NOTE:
Emotional
Intelligence vs. Data Intelligence.
Emotional Intelligence is Human Intelligence has evolved tens of thousands
ago when no hi-tech, internet. Human used basic instinct like
Love, Hate, Emotion, Feeling, Greed & Fear, Like It
or Not... in every day making decision, for survival, still today
even smartest educated people, President, CEO.
Emotional Intelligence is easy mouth & tongue,
based on its own life experience, no need
to analyze data, no need train, no need do research first before talk.
And also they are not
trained in Data Science.
CANDO = Collect Data, Analyze Data, Normalize
Data, Design Data, Organize Data. -" It is easy that's why people
like to used.. But without Data, it is blind,
biases. Today, Human in the Fourth
Industry, Internet, Software, Data ... Computer Scientists design
computer system, analyse Data help in making decision. Which is called Data
Intelligence. Using Data Intelligence, we make decision based on Data more
accuracy, see far, avoid biases, avoid Like It or Not.
For example, Only dumb people put a million dollars cash under
mattress bed, in bank account no return, loss value by inflation, easy
spending, or buy Car after few yeas lost 1/2 its value.
90% Asset of Middle Class in Home, piggy Bank.
Every month, first Priority their Income in Pay Mortgage first, is a small
investment continuously for at least 20y.
Asset, Wealth of Middle Class Toronto is
Ave = 1/2 millions dollars
richer, and Home both Detached & Semi Detached in Toronto Ave =
$700,000
richer than Middle Class in any Cities in
Canada and US, except less than Vancouver
70,000$, and few areas in US Silicon
Valley. Ave Home in US = $230,000
according to US Business Insider in 2019.
Click
Cost Buy home in 50 US's States in July, 2019.
Data Scientist use computer software system to collect data, analyze
data, normalize data, calculate the numbers including thousands of Data
Set. Then Corporations used computer system to analyze Data,
not mouth, tongue. It is Data & Computer
Scientists who build these computer Systems. Said, a Professor
teaching: "How to Implement Computer
System and Data Collection, Design, Analyst and Management"
=> Home Buyers choose Semi Detached Home because: 1) Detached & Semi detached Home in Toronto are
A Million Dollars Home. 2)
200,000$ extra mortgage is big, not small.
3) Property Tax Detached more double Property
Tax of Semi detached Home. 4) Less cost
Maintenance, Utility, Home Insurance, Heat
5) Good for extra Rental Home, less
cost, less mortgage. A difference Cost, mortgage, property Tax, other Costs
between Detached vs. Semi around extra
2000$ / month. All about Data.
That's why we need Data in making
decision, see far.
Usually the difference Price between Detached & Semi in Toronto is around
$150,000 -> 200,000$.
Thus ups/ downs when a Detached 1.5 millions then Semi around 1.3 millions,
and VS. Now
the difference Detached and Semi = 223,000$, Detached still high.
In 2017 peak time, Detached Home Price jumped too
fast too quick because of foreign Buyers. But Detached has gone down
recently to the level used to be, which is different with Semi around 150K
-> 200K. => Right now, Oct 2019, Semi in Toronto =
1.1 millions, Detached in GTA =
$956,000. 2 x Semi in
Toronto = 2.2 millions
while 1 x Detached Home Toronto = 1.33
millions
Home Value not just depends on 1) Location, such as, big
city, small city, town, suburban, it also depends on 2)
New
Renovation will increase Home Value. Like most Homes in Downtown
Toronto are old Homes around 80 year, but very high Price the most in Toronto,
because its location. Unlike Vaughn, North York, new migrants, people just
move in 25y. One my friend just made few
New Renovation 50K increased Home Value = 80K. When buying New
Home, Builders don't build every thing ready, such as, unfinished Basement
look like laundry room can't live.
He said: - Renovation such as, replace old floor with new quality
wood a whole 1st floor, when walking not hear sound,
replace old kitchen with new cabinet kitchen, new Open Living Room Open
Space Architecture. Knock down the walls (hardest, move alot
garbage, debris, labour cost, air dust every where, home owner uncomfortable
living ) and Replace new Floor, new Cabinet
Kitchen ... Usually, people cover windows, don't want to show old home
architecture. Then expand old small stand-only bath room with new bigger space
bathroom, extra bed-room, new Painting, renovation new whole basement like 2nd
Floor, with kitchen, bigger space bath Room, 2x bed room, living room,
separate entrance.
The whole replace new Renovation cost 50K, increase home values 80K, even
better than new home.
Update October 2019:
Few Notes:
=> On Ave A
20 year middle class can buy 4 (at
least), 5, 6 x 1.1 million
Dollars Home. Or Buy 3
(at least), 4, 5 x 1.3 million dollars Homes. Satisfy 20%
deposit.
-> How Long
and How Much
% Deposit when you bought Home?
= Home Ownership
-> If Buy Home
after 2006, Deposit less than 20% ==> Home Ownership
less than 50%. ->Very worry if lost job could mean lost Home.
Very worry when Interest goes up, Home Price flat or down.
-> People no Data think when they Buy & Live in a 1.3 millions
dollars home, 20% Deposit, then they had 1.3 millions.
But use Data, Scientist proved that they real asset is only
260,000$, Debt =
1,040,000$. People are greed, always
greedy, think
Gain ( = 1.3 millions)
no Loss (Debt = 1 millions.
This huge Debt is not free, huge Interest payment. They have to work
harder, longer 20y, 30y to pay off this debt.).
Scientist says this is called "Behaviours Economist".
-> A Data Scientist Professor,
who teaches Data Management,
CANDO (Collect Data, Analyze Data, Normalize Data, Design Data,
Organize Data), and *Build & Design Software*
manage data, says: - That's why, as
Scientist, we use Data. Without Data, people blah, blah, blah.
Behaviour Economics: Study
about the effect of Emotional
Intelligence, Cognitive Decision, Culture, Society, Psychology of
Individuals on irrational
making decision economically.
It helps us measurable,
understand Human Behaviour better when they react to different Economic
Situation, and Economic Policy. From
Behaviour Economics, we
can develop Policy, design Models
of Consumerism's Behaviour,
Sales & Marketing Strategy
in order to
response to change in Policy and Market Condition.
Which makes the difference between Tradition Economics and Behaviours
Economics.
-> If Save for 10% Deposit take 10 years, then Save 20% Deposit take
20 years. Then Home Price goes up fast, miss home run. That's why a
lot people before 2018 Buy Home with 10% deposit.
Today, Stress Test requires 20% Deposit.
This reduced a lot of Home Buyers because not only
Home Price very high but also Deposit at least 20% very high.
-> The difference between 10% and 20% Deposit is for 10% Deposit,
the
lost huge money hundreds of thousands for Interest Payment, longer own Home 30y,
35y, even 40y.
-> - Home Price high because of Location not because of size big or small
->
What were you doing in 1998 - 1999?
- In 1998, 1999, Salary of Professor could Buy 1 x Home 30% Deposit,
OR, 2 x Home 15% each in 1 year in Toronto. Ave Home Toronto in
1998 - 99 = 219,000$, Right Time at Right
Place. Today, this never happens again.
Use this as a threshold Data for 20 year of Wealth.
See Prof.
Cheque 20y ago
-> Can you explain why a lot people work for 10y, 20y but still
nothing? - How much do you create values or Wealth in 10 year?
- Why? -> -
What should you do to improve?
-> The Law of Attraction says: - People no Home less likely interest
in Home, less talk about Home, don't want listen to Home ->
As a result, these people will never Buy Home, Own
Home. - People no Home, or want to Buy Home in future,
will likely want Home Price goes down. Same as,
people who think money not important -> Then Money
will not come to them -> Will likely they are poor.
-> Based on Data, on average, Middle Class Toronto, Vancouver are richer than Middle Class in other Canadian Cities 1/2 millions dollars.
 - This Home 1.25 millions dollars in Toronto. - Deposit 20% = $250,000 you can have this home. Before you buy this million dollars home, ask this: 1) Do you have Income at least $130,000 ? 2) Are you sure you don't lost job in the next 12 years to pay big mortgage. Lost Job = Lost Home, because you have new home big mortgage at least $900,000, around $8000$ / mo. Work very hard, longer, no peace of mine, no rest. 3) If you buy the new Detached home, then rent out, then not good idea, less profits. Because Tenants don't care new home, Detach or Semi. They care cheap rent. For rental better buy Semi- Detached Home for Rent, because small mortgage, less maintenance cost, small Property Tax. More profits. 4) Bad Tenants pay no rents hard to kick them out according, and they damage your home. 5) Detached very high Property Tax at least $600 / mo, high cost maintenance, utility, big mortgage payment .. When Home Price goes down, Detached Home down a lot more than other property. For example, Toronto Housing Cooling in 2017, Detached Homes in Toronto dropped from 1.55 millions to 1.3 millions = $255,000. While Semi-Detached home dropped only $80,000. 6) Detached Home Cost more / mo, but no good Return On Investment. Price Semi-Detached return 7x times more than Home Price Detached. See Ave. - Buy expensive Detached Home doesn't get much return also cost more, because you pay more Detached Home Price for Mortgage, Property Tax / mo ... WHY? Because compared to last year, Semi-Detached Home Price up 7%, 7 x more than Detached Home up only 1.2%. Price down more often. Thus, Semi-Detached return more profit 7x than Detached, and less Mortgage, less cost Property Tax, less Home Maintenance, less Utility - Based on Average Home Price Data, both Detached & Semi-Detached are categorized as A million dollars Home. Compared to last year, Semi-Detached Home Price up the most, up more than Detached, Town Home, Condos, in all properties. These are experiences from Detached Home Owners, or both Detached & Semi, who kindly share their experiences to you that no body wants to tell.
|
NOTE:
Before 2018 need 10% = 100K. Even 5% to buy this home. The
difference between 10% and 20% is = Cost extra
few hundreds of thousands payment of Interest.
Which means less profit, work longer pay off
mortgage.
People greedy. They spend 200,000$ for
20% stake to buy a million
dollars home.
Ownership only 20%,
but think they are millionaire, own a whole 100% home, no Debt.
But if people want be millionaire, then
be millionaire.
Welcome. |
-> Both Home Detached and Semi Detached
Home Price in Toronto categorized as A million dollars Home. Detached
Home more expensive but Property Tax 2 x
times more than Semi-Detached home. Semi Detached Home Property Tax =
250$ / mo, 299$ / mo, Detached Home =
600$ / month. When Home Price goes down, Detached
Home down a lot more than other property, specially Homes in downtown
Toronto.
For example, Toronto Housing Cooling in 2017, Detached Homes
in Toronto dropped from 1.55 millions to 1.3 millions =
$255,000. While Semi-Detached home dropped around
$80,000.
|
A
Data Scientist, who followed closely
monthly every month Toronto Housing Data, its
Trend since 2017,
has Relatives own Detached Home. He said: "- When Housing hot very on Demand like in 2017, Detached Home Price up fast around 1.56 millions dollars, jumped up fast & big. But when Housing not hot, people are looking for "More Affordable Housing", Detached Home less hot, less Demand, then its Price goes down fast & big, Greed & Fear. In 2017, Toronto Housing began cooling, Detached Home dropped from 1.56 millions to 1.25 millions. It went down fast and big from $200,000 -> $300,000. Today, Detached Home = 1.36 millions, has recovered its price a little bit. While Semi-Detached went down around $80,000. When people looking for "Affordable Housing" Home Price more affordable, Semi-Detached becomes more popular, seems performed better than Detached Home too expensive, big Mortgage, high Property Tax, more risks than semi-detached Home. Semi-Detached Home Price this year up 7%, return 7 x times ROI than Detached Home. => Can Detached Home comes back to its peak in 2017 = 1.56 millions dollars? Not sure, now people are looking for Affordable Housing. NDP (New Democratic Party) is calling for to increase Supply 500,000 homes built, 15% Tax on Foreigner Buyers. Which could put Home Price goes down alot, worry Middle Class in Toronto, GTA. While Liberals only 1% Tax on Foreign Buyer's vacant Home + 10% Financing Support of Mortgage toward value of their Home, help first time Home Buyers, increase financing support for Home Price from 480,000$ -> near 800,000$. A Home $425,000 save 239$ / mo, Home $800,000 save 500$ / mo on Mortgage payment / mo. Boost more Demand for Home. No NDP politician has been elected in Toronto, GTA in Canada Election Oct 21, 2019. NDP dropped to 4th places from 39 to 24 seats, lost 15 seats. NDP no gain any seat in Toronto, GTA. Vaughn, Markham went to Conservative. The rest Toronto, GTA's seats went to Liberals. It is Toronto, GTA saved red Liberals. " |
 Some main Housing Policies promised in Election Oct, 2019: NDP: - Increase Supply 500,000 new Homes built + 15% Tax on Foreigner Buyers Liberals: 1% Tax on Foreign Buyers vacant home. 10% Financing Support, invest in first time Home Buyers and increase support for Home from 500,000$ -> 800,000$. Save 500$ / mo on Mortgage Payment. - Conservatives: Review Stress Test. Bring back 30 y amortization mortgage payment. Not required 20% deposit, 25 y amortization, like Stress Test now. |
Click
Millionaire Households Rank in the World
-
Click
Cost Buy home in 50 US's States in July, 2019. -
Salary needed to Buy Home in 20 major US Cities.
Click.
NOTE:
Today the average Home price in US is
$226,800 according to US Business Insider, different depends on different States.
In Toronto, Income around 140,000$
can afford a million dollars Home.
=> As Scientist, we use Data. Without Data people blah, blah
like Grade 5.
- Toronto, 9.5 millions population =
City of Toronto, 3 millions population ( Its
Municipality = North York (see Notes from North
York Real Estate), Etobicoke, East York, core Downtown
Toronto. (416) Phone code ) +
GTA ( Greater Area Toronto =
Vaughan, Markham, Richmond Hill, Brampton, Peel, Mississauga, Scarborough,
Oakville,
...), 6.5 millions people.
Just like any big City like New York
City, Tokyo in the world, Toronto has its City,
which is, core City or City of the City, which
is City of Toronto. In the City of Toronto has
its municipality like North York... and Downtown Toronto,
where big Banks, Financial Institutions, Stock Market, Gov Agencies. And
Toronto also includes Districts (GTA)
around.
For example, New York City, 8.6
millions population, consists of five Districts, each of which is a separate
county of the State of New York. The five Districts –
Brooklyn, Queens, Manhattan main core city,
City of city New York City, like City of
Toronto, The Bronx, and Staten Island – were
consolidated into a single city in 1898
- GTA has 4 Regions.
York Regions includes: Aurora, East
Gwillimbury, Georgina, King, Whitchurch-Stouffville,
big District ones = Markham, Newmarket, Richmond Hill, Vaughan in
York Region. Peel Region includes:
Brampton, Mississauga, Caledon.
Halton Region includes: Oakville,
Milton, Burlington. - North York not in any GTA's
Regions, but in City of Toronto. See notes from North York Real
Estate.
 Update:
Oct 10, 2019.A Story: From Factory to A Canadian Scientist Professor, Millionaire, 20y in Middle Class I started at 18 in Toronto Life alone, no money, no degree, no family, self-sufficient, no privilege, no thing, overcame biases, adversities, obstacles, difficulties. I worked to make ends meet in low end job Factory for a while. I came from middle class family. My father was Gold Producer. Then lost all. I didn't get used to this kind of work before. Today, you don't see Canadian born working in Factory either. It's hard work, less pay. In 90s, my factory's pay cheque after paid Income Tax, I had 750$ left for Rent (= 200$), Car, Gas (=100$), Car Insurance (= 99$), and all Life Expensive, such as, Food & Grocery ($300 / mo, around 10$ / day), not count Restaurant, Eat-out, Drink like Coffee, Phone, Internet, TV, other Bills, forget Vacation (= many not count, Car Loan if new car). => As you see, hardly survival, I managed, had $50.0/ mo left for saving. "-> Doesn't Matter How Hard You Work, You Try -> Hard to Buy Home In Toronto, even Home so cheap in 98-99 if Work in Factory or Minimum wage Jobs. ", like no other choice. => Then I tried very hard to advance my career. Then I started career as Prof in 1998. Which has changed my life for ever, from Factory to Scientist Professor. => My first cycle of life 20y ago 1998-99 -> 2019, I started career early as Prof, on Top at Right Time & Right Place Toronto. Get in Middle Class early. No waiting for Interest, Home Price ups/ downs. Advise. In 1998-1999, ave Home around 219,000$. Salary of Professor 50$/hr, Teacher 11$ / hr, Engineer, Software Engineer 12$ / hr, Minimum wage, Restaurant server, Factory Worker 5.50$ / hr. In 1998-1999, Salary of Professor can Buy Home in 1 year with 30% Deposit, or 2 x Homes 15%, in 98-99, ave $219,000, easy, cheap, no Stress Test. Although Home was cheap, however, Interest Rate very high around 6.5%. Today is 1.75% not changed since Oct, 2018. People were not interested in Buy Home, Home not hot 20 years ago. Lack of knowledge and couldn't foresee the grow of Toronto Housing. 1) Interest Rate was very high, needs good income 2) lack of knowledge about Home can't foresee the growth 3) Small Immigrant Population in Toronto, immigrant population 20y ago around 40%, today around 52% (latest from Statistic Canada or Gov's StatCan) in Toronto, GTA 4) Toronto & GTA population growth. Which are main reasons why Home not hot 20y ago. NOTE: - 2016 Gov Statistic, 3 years ago. In Toronto, 48.1% were admitted under the economic category (today after 2016, higher around 60%), 32.5% sponsored by family, 17.8% landed refugees, 1.6% in other immigration categories. => What were you doing 20 years ago? - 20y ago, I already started my career as Professor. What I have done in past 20 years is Try hard, Work hard & Reward, lucky live at Right Place in Toronto not other places, other cities, and Started high-end top career as Professor at Right Time 20 year ago in 1998. I still continue working hard to the next 20y. See Full time Prof has minimum hour from 28 hr -> 40 hr / week. Cheque 20y ago.-> in 1998, money very different value with money in 2019. NOTE: In 20y 1998-2019, Toronto Home Price jumped from 200,000s -> 800,000s = 4x. Then value of money in correlation to Home is valued 4x (in compared to Home if you used that money Buy Home) then 20y ago salary of Professor in today money around 250,000$ -> 300,000$, ave Toronto Home Price today $800,000s. All is about Data. We give you a lot of Data. This my pay cheque minimum 28 hr. As Full time Prof, Sometimes I worked more 35 hr, 40hr depends on each semester. From Factory to .. Started my career as Professor in 1998. Take 20 years Work hard and Reward, a lot Saving, while people travel (most expensive spending) every year, spent all saving of that year. No Drink, No Smoke. Then become a Canadian Scientist and Professor, a Millionaire. If 20y ago I did not try harder advanced career @ right Time & right Place, today I am bottom line. Toronto, biggest city of Canada, like your big City, any big Cities in the world, is tough not easy. Just like other big Cities, there are people live here many generations still in poverty, high gap between Rich & Poor. More Economics Immigrants settle in Toronto. Toronto is Canada Financial Center, home of rich millionaire. 50% of 4.5% Canadian millionaire population live in Toronto. Canada rank 2nd with 4.5% millionaires population after US, above German 3.2%, Japan 2.7%, S. Korean 1.8%, Hong Kong 3.5%. Japan has lowest population in poverty only 5.3% in G7, Canada 20.7%, US 28.4%. Millions of people leave their home town to make big dream in big city. Unlike other big cities, Toronto is tough, all kind of people in the world, multi-culture more than 100 countries, complicated, competitive, not easy. You will not see people as same homogeneous as you around neighbours, in school, at work, in office. Toronto, 9.6 millions people more than New York city 8.6 million, has advantage that you live, work with hard working, different backgrounds, diverse people. Immigrants come to Canada, not just refugees. They are Economic & Skill Immigrants from Indian, China, hard working. Like playing Olympic Games Competition, not Local Games. In few words: - This Story is about a person who started life in Toronto alone, poor, no degree, no privilege, overcame biases, adversities, obstacles, difficulties to make a better life. In hope this story encourages people, who want better life, improve poverty, who leave home town to make big dream in big city like Toronto. And some advices. I Cut spending, no Smoking, no Drinking, less Travel, try harder, work harder. All is about location. Millions of people around the world leave their home town, city, move to live in biggest City. Dream big -> Be a millionaire. Worry people, who can't with small dream, will not like you, bias, jealous you. Then you never will, you shy away. 50% Canadian millionaires live in Toronto. Live in big City-> Start Saving -> Buy Home, Condos. -> Salary helps you make ends meet. But Property helps you rich, millionaire. People poor, bottom, hard life, because they don't use Data, not think smart. They waste time, not worth it. => I still continue working hard next 20 years, contributing to society, paying taxes. Toronto, 9.6 millions people, is Home of a lot rich middle class top in any cities in the world since Canada rank 2nd of millionaires population in the world. 50% of Canadian millionaires live in Toronto. They still work hard, make ends meet, have debt like me. No difference. If I can do it, so do you. Thanks Toronto, Canada. |
TREB CEO John DiMichele said: “The GTA’s strong economy, cultural diversity and internationally recognized quality of life continues to attract newcomers to the region each year. However, our housing supply has not kept up with population growth, which has led to pent-up housing demand.” Financial Post: " Canadian home sales outlook hiked as prices rack up biggest gains in two years. Lower mortgage rates and home prices are bringing buyers back" -------  ------------- Homes in Toronto are sold over asking price. Why Home Sales & Price in Toronto Up? Usually, initial, Sellers post low price to attract Buyers. Because competition between Buyers has increased. According to Financial Post. Here are few main reasons: 1) Interest Rate either goes down or stay the same for a while. Happen in US, Canada. Thus Mortgage Rate will be lower. 2) Home Price recently has gone down, more attractive to Buyers. 3) Supple/ Demand, Housing Supply has not kept up with Demand of population increased, of new Immigrants around 100 thousands come to Toronto each year. --------- Salary Needed Buy Home in Toronto is 130K. In 1998-1999, Salary of Professor can Buy Buy Home in 1y 30% deposit, or 2 x Homes 15%, in 98-99, ave $219,000, easy, cheap, no Stress Test. People don't want Home. Home not hot. Not interest. Lack knowledge, people can't foresee. -> Today Prof Salary over 100K takes 13y Buy Home 20% deposit. Ave Detached 1.3 m, Semi 1.1 millions. Salary required *Have* Home (Buy Home Deposit, Pay Mortgage, Property Tax) in Toronto = 130K. => A 20y Middle Class Home Owner = 2 x times Middle Income 65K combined can afford Home in Toronto. - But, A 20y Middle Class better, not afraid of losing Home. While the 2 x 65 K middle income combined lost home any time. Gr5 can prove. Can you? A Scientist Professor said:- That's why we use data. No Data people blah, blah, and blah like Grade 5. A Story: - I know a lot of typical family in Toronto, the husband, wife and 2 children. Wife works minimum wage 14$ /hr x 160hr x 12 = 26880$. The Husband's Salary a little bit better than the wife. They rent a whole house 3 bed-room, furnish basement, paid 2400$ / mo not include utility. Include Utility = 2700$ / mo. Not afford home in Toronto or Buy Home 10% Deposit after 25y working. NOTE:
The difference between this Family combined
Salary and the Professor is that the Professor 20y ago in
1998 started career with
50$ / hr. With Professor Salary in 1998, could
Buy Home 30% Deposit or 2 x Home 15% each in 1 year.
|
 |
=>
What were you doing in 1998?
- In 1998,
as a Canadian, I was already started my career working as Professor in
Toronto Middle Class 20y ago, top
Salary 50$ / hr, Teacher 11$ /hr, Soft Eng 12$ / hr, Restaurant Server,
Factory Worker 5.50$/ hr.
If I started working in 1998 as Teacher or Soft. Engineer, It would
take extra 10 years of Saving, in 2008 -09, then Toronto Home Price already
double from $200s in 1988-89 -> $400s in 2008-09. I could miss it.
Or Buy Home with small deposit like 10%.
=> 20 years ago,
there were a lot PhDs driving Taxi.
New comers face barriers, no privileges,
biases, jealousies, lack of opportunities. Factory is a common
place they make ends meets.
=>
As Data Scientist, myself as a Professor teaching Data Science,
by just asking "- When you started your Career?
- What Did you do when starting your Career in that
year ?", we can analyze Data if you could
Buy Home or Condos, How Much Deposit? Buy Multi-Homes, by looking
at Ave Home Price, Salary, Living Expensive, Tax ....
- In middle income around $55,000 salary like Teacher, Engineer, Scientist
will take at least 18 years for Saving a
Deposit Buy Home since the Date they started their career, not
including on/ off job.
- Today Home Price high, it takes salary
of a full-time Prof over $100,000 Saving 12
years for 20% Deposit = $200,000 to Buy 1 million
dollars Home in Toronto satisfied Stress Test 20%.
Data collected by a Prof from among Profs, and analyze Data by looking at:
Ave Home Price, high Income Tax, Living Expensive, today Rate from
80$ / h -> 120$ / h.
See Prof.
Cheque 20y ago,
when just get started his career.
Case Study
-
Who Can Buy Home in Toronto. - Currently, to buy Home in Toronto, need
salary of 140,000$
So 12y ago or 2006, if started career as
a Professor, salary over $100,000, you have better chance to Buy
Home with 20% Deposit or more, because need at least
12y Saving Buy Home, and in 2019,
ave Home = $920,000 -> A Prof teaches
Data Analyst said. - From this, you can
figure out who can Buy Home or Condos in Toronto. This case study
is about one person just started life from 0.
No help, no borrow, no inherited, no partnership with anyone. Just one
person started
life 0.
NOTE: Why 12 years?
Given today Home Price, it takes salary of Professor
Ave = over $100,000, 12 years for Saving $200,000 to buy a millions
dollars Home with 20% Deposit. So in order to Buy Home, the Professor must
save first in 12 years ahead, which is
2006. What about it is a Scientist,
Engineer, Teacher, other Professionals? -> You figure out use Grade 5.
We use Professor because they have the most highest salary
in Professionals, much more than
Engineer, Teacher, Scientist. And we got Data directly from
them. The Scientist collects Data
also a Professor, and have a lot friends also Professors. High Income Tax
takes away high Income, then Rent.
-> So if a person said Buy Home or Condos in
Toronto, you can Analyze Data (Data Analyst) is
it true or not?
-> For example, a Teacher salary $50,000 started career in
2008 or after graduated in 2006, he/ she will have hard time Buy Home
in Toronto given Professor started career in 2006 Buy Home 20% Deposit
satisfy Stress Test. Today, salary required to
Buy Home where Ave Home Price above 1 million dollars is
$140,000.
-
Salary needed to buy Home in 20 major US Cities.
Click.
For example, Los Angeles's Ave Home
Price = $422,100, rank #3 in US, salary
needed Buy Home is $98,500.
=> A Scientist Professor who
Build & Design Software Analyze Data, not just school paper,
reading, repeating materials, and also
Teach Data Science, Data Analyst,
said: - CANDO
= Collect Data, Analyze Data, Normalize Data
(what is it?), Design Data, Organize Data.
No Data like blah, blah Grade 5.
Home in Toronto (not other places)
makes you become rich, millionaire not Salary
->
Takes 50 - 60 years for a Professor
salary Ave over $100,000
becomes millionaire.
90% people think salary make you
rich. Wrong, because they don't use Data. Let's use Professor
whose salary Ave over $100,000, the most highest compare to other
Professionals
Use data,
we know that it takes a Professor 12 years for Saving
$200,000, 6y = $100,000, after paid for
Income Tax and other Deductable, Rent, Living Expensive, Car, Car Loan, Gas,
Car Insurance, Insurance, Vacation, Travel, Grocery, Drink, Smoke, Coffee,
Eat-out, Phone, Internet, Cable, Debt Payment, Student Loan, Miscellaneous
Social Spending Fees, Clothes & Beauty, (lucky in Canada Free
Hospital, Free Doctor) ..... Thus, it takes 5 x 12 y = 5 x $200,000 = 1
millions -> Takes 60 years for a Professor
salary over $100,000
becomes millionaire.
=> From Data of Professor, you
can figure out if some one are Teacher, Scientist, Engineer ...While take
around 20 years Buy Home over 30%
Deposit, or Buy Multi Homes 15% Deposit
each -> Own Home -> And become millionaire.
Buy Home big different with Own Home. So if you are
millionaire, be proud. Not easy; It
measures "Hard work & Reward". In
Industrialized countries, no corruption, bribery. While people
who are not, work harder, try harder, one day you will be. In Canada 4.8%
population are millionaires, Japan 2.7%, German 3.3%.
Big corporations like Facebook, Google, there are top 5% of their
Management, who are millionaires.
- A 20y Middle Class use their 1st Home, can buy at least 4 x
a million dollars Home with 20% Deposit. Satisfy Stress
Test requirement Deposit at least 20%.
How Much
Should Deposit Your Home?
For example, Buy Home Deposit 10% vs.
20%, 25%. How Much Cost different in Interest
Payment between 10% vs. 20% is hundreds of
thousands of dollars? How long Pay off
Home?
Here is the answer: Let's say you borrow 1000$, you pay:
| % Payment monthly
for Loan |
2% | 5% |
| Borrow Loan In this example Load or Mortgage only 1000$ |
$1000 | $1000 |
| Time Pay Off 1000$ debt | 26 years | 6 years |
| Interest Payment | $3000 | $442 |
You see, by just increase % of Payment for Loan (or Deposit) from 2% -> 5%
or Home Deposit 10% vs. 20%, 25%, you not only
save alot $$$ of Interest Payment but also reduced a lot number of Years pay
off that loan.
Thank
you Canada, Toronto, where I attract right Place and right
Time, where I started life 0,
from nothing to something, from Factory Worker to become
a Middle Class Millionaire Scientist
Professor.
As Data Scientist and Professor,
if you follow my Data Analytics, I can say that
Toronto a City where a dream to become millionaire will come true.
A Millionaire = Save $50,000 / year
for 20 y continuously.
All is about Data. As scientist, we see
things differently from people. No Grad
5 blah, blah ..
The Law of Attraction: -
Attract to a right Place will make big difference for
you and next generation. A lot of people feel pressure,
competitive in Toronto. Toronto is not a small Town, small City.
It is biggest City in Canada, its population 1million bigger than New York
City, all kinds of backgrounds, nationalities. It is nice people,
opportunities, welcome all people around the world.
The Law of Attraction:
The Law of Attraction -> You Wish You Become.
You Like Money, Social Position, then Money, Social Position come to you.
You do not think Money important. Then money will not come. You will spend
all money. You think Life is worth Nothing, then Life is worth Nothing -> You will not try harder.
For example, when started
Life 0 in Toronto, I worked in Factory.
It is hard and very little money. I jumped back & forth from one Factory
to many other factories. I not OK. I have a Plan. -> Then I became
Scientist College Professor,
in Middle Class so quickly. Professor salary that time
in 1998 = 50$/hr, today by inflation adjustment, same as 150,000$ on Sunshine List,
Teacher only 11$/ hr, $21,000 /year in 1998, Soft Dev 12$/hr, Factory
Worker, Restaurant Server = 5.50$/hr. You can Buy Home 35% Deposit, Buy 3 Homes no problem. Get in early.
->
When ave Home
in 1999 = 228,372$ in 20y ago, in 1998 =
$216,815. Then in 2000, Stock Market
crashed. .Com bubble. Recession. In 2001 =
$251,508, 2002 = $275,231
even higher ->
10 year later, in 2010 =$431,207,
2011 = $465,164.
If I worked in Factory, 10 years later in 2011, I never afford because Home
Price double. In 2008 - 2009,
Stock market crashed. Financial Crisis, Housing bubble. Recession. In
2008, ave =$379,347, 2009 =
$395,460 even higher
-> Then 8 years later, April, 2019 =
$903,992.
Factory same doesn't matter in
Canada, Japan, US, China. It is hard work. I started life from Poor. I understand poor. I went thru. I live in Toronto, biggest city Canada,
right location, where 2/3 of 4.8%, 2nd the
world Canada Millionaires live. Japan 2.7%, S.Korea 1.8%, German 3.3%
Millionaire population.
From Economic History
and Data, if you sit and wait for Toronto Home Price go down, listen to
wrong Analyst -> Then you miss the run and wait for ever. Toronto & GTA, 9.6
million population, Center of Economy Canada is not Vancouver 650,000
population, tourism, Ottawa, Montreal, Calgary ... Toronto got sneezed the
rest Canada got flu.
A 20 years Middle Class
used their first Home can buy 3, 4 of A million dollars Homes,
satisfy Stress Test Deposit 20% each Home, easy buy Home than first time
Home Buyer. So
1.35 million dollars home
is not expensive for Toronto Middle Class.
If you buy Home in Montreal in 2000 = $215,000, in 2019 = 350,000$. Probably
same story for other big Cities in US & Canada
|
The Law of Attraction
= You attract to kind of things, money, people,
whatever -> Then they come to you. You
don't Like, they will not come.
The Law of Attraction is not about Rich or Poor
or Money. It is about attract success.
You want Millionaire, Scientist, Professor, whatever. You want rich, want
something. It may come or not, people like it or
not, doesn't matter. The matter is
What You Want attracts you there.
The higher you want, the harder you work for it. It is The Law of
Attraction. -> People satisfy, find peace,
comfortable, happy whatever their situation. But I am not
satisfied the first 20 years and want to keep going next 20 y,
because the Law of Attraction. -> Use the Law of Attraction we can
see the future, my future, your future, other people future.
However, once you truly understand the true key behind of the Law of
Attraction you can be renewed with hope and courage in the
overwhelming knowledge that
you are free to take charge of your life and free yourself forever
from the cycle of fear, worry or negativity which has held you back
for too long It is not about Rich or Poor it is about What attracts you there. No one can force you. So you want rich? -> Not easy to be rich. You try harder to be rich. People said: - I attract to rich because I Like rich ignore poor (or like poor ignore rich). Small minded. Because you want your life rich. What wrong want to be rich? -> Who want their life poor? * -> No Religion, no Government in the world want you poor, people poor? * See Millionaire Households Rank in the World. Click here
What Are You Doing? (update July, 2109)=> In 1998, I was already started working as Professor, top Salary, in Toronto middle class 20 years ago. I have been doing thru 20 y ups, downs in Toronto Middle Class, climbing the mountain. It's tough started alone from 0. => After last 20y in Toronto Middle Class 1999 - 2019, I have experienced Life on the long road, ups, downs continues to next 20y. Life is more beautiful, meaningful than before. I am humble but proud. Started life at 18, 0.0, alone, no degree, from poor, humble worker minimum wage to proud Scientist Prof high pay, in Toronto Middle Class 20y ago. But I already attract to millionaire since 2017 when a Home in Toronto = 1.56 millions -> Which made 20y Toronto Middle Class became Millionaire instantly. Why millionaire? - Because only 4.8% Canadian, 2.7% Japan, 1.8% S.Korea, 3.3% German, 7.8% in US. Already Work hard 20y. But I continue next 20y. Not easy -> 4 factors right Time at right Place: 1) Live at right place in Toronto or City of Toronto. Toronto or City of Toronto (Downtown, A City has Municipalities not District like: North York or North of Toronto, East York, Etobicoke, 3 mill population, in state Ontario = 14.3 m. Thus more than 2/3 of Ontarian live in Toronto & GTA) and GTA (Vaughn, Markham, Richmond Hill, Mississauga .., Districts around Toronto, 6.6 million population) is the biggest City in Canada, 9.6 millions population, 2nd largest City in US & Canada after New York & Its Districts 8.6 millions population (Manhattan 1.7 million population, like City of Toronto, Districts around New York city: Brooklyn, Queens, The Bronx, Staten Island ..., like GTA), L.A 3.98 mill 3rd, Chicago 2.8 mill 4th. If you live in Ottawa, Montreal, any places in US & Canada, out of luck. For example, in Kitchener-Waterloo region, Center of Hi-tech, Start-ups of Canada, University of Waterloo, there are only 3 times in history its Ave Home Price breaks thru $500,000. Not about size, big, small of Home but about Location, Location. Where you Live? Choose a right Place to Live could return 1/2 million dollars = Work hard 40 years of Saving not even close. Benefit for Generation. Around 330,000 Immigrants come to Canada every year. 65% are Economics Immigrant. 33% or around 100,000 immigrants come to Toronto every year. The first thing is they look for a Place to Live. A lot people live in Toronto but don't know Toronto. => As Scientist we use Data to explain not G5 blah, blah ... mouth & tongue. Click See Toronto Map. - Cost to buy home in 50 US's States in 2018. Click. - Salary needed to buy Home in 20 major US Cities. Click. Toronto
where people anywhere, *Start 0* alone, can success, become
Scientist, Professor, Millionaire, or something.
Right place. => From Data,
on average a Toronto Middle Class is more wealth than the rest of
Middle Class Canadian around $500,000.
It takes 40 years work hard to Save
$500,000 Or Save: 125,000$
in 10y, 250,000$
in 20y. Thus just choose A Right
Place to Live, Buy A Home will reward
1/2 millions dollars = 40 years hard
work.2) In 1998-1999 Ave Home Price in Toronto = 219,000$. Right time. 3) Started at beginning Top Career Prof. in 1998, when Prof = 50$ / hr, Teacher 11$ / hr, Software Eng 12$/hr, Minimum wage Worker 5.50$ hr. Buy multi-homes easily. When in 1998-1999 Ave Home Price = 219,000$. See Prof Cheque. Since 1998, Home value up 4.5 x, this cheque today = 300,000$. Cash & Car lost value over time. If started as Software Engineer would take extra 10 years working & saving -> Then Ave Home Price in Toronto already double to 432,000$. Can't afford it. Right time. 4) Take 20 years work hard in Toronto Middle Class. I am not satisfied now. What I have done in last 20 years 1999 -> 2019. I still need go on for the next 20 years before retire, a long road, coaster ride ahead. But I take life easy, meaningful, beautiful, enjoy life than before. The future is not easy, meaner, harder, expensive cost of living, Gov cut backs, more competitive. A millionaire = Save 50,000$ usd every year for 20 years. So why not be proud as millionaire? The Law of Attraction:- Not What People Want - But What You Want to attract to it. Success or Failure, Achieve or not yet Achieve is not important. -> There is a Will there is a Way. |
 The Law of Attraction lets us see the future. -> You think Life is worth Nothing. Then your Life is worth Nothing -> Self satisfy. You will not try harder. Because your Life is worth nothing. It is your future. -> The Law of Attraction says: - My life is Nothing. It is not What I Want. It is not my future. Then work harder, try harder. ->The Law of Attraction says: Self Satisfy: is When you think it is enough, then it is enough. No need try harder. In your life, there are some challenging that required you try harder to next level for better life. But self-satisfy will stop you next level.
|
| Next few months, Home Price in Toronto will surpass the peak level in Spring 2017, when Average Home Price above 1 million dollars (now currently in June 2019 = $937,804, only 60,000 then Ave Home Price above 1 million dollars ), at that time Spring 2017, Detach-Home = 1.56 millions, Semi-Detach = 1.35 millions very soon. -> They are approaching now from its peak Spring 2017. Just last month, it jumped nearly $100,000 from $830,000 in April, 2019 -> $937,000 in June, 2019. -> Do not sell your home soon too low. After sold, you will never qualify to Buy Home again. And you spend all money after break Home piggy Bank. -> I know many Home Owners sell their home, cash out, when peak Spring 2017 before Stress Test in Jan 2018. Now they are very regretted. No Home. |
| -> Wealth creates
Wealth. In any country, rich Middle
Class is created in the biggest City.
In 20 -> 30 years, Middle Class Toronto has seen their wealth up
significantly, creating 2/3 millionaire population of Canada's 4.8%
millionaire population in the world, only 2nd after US 7.1%, Japan
2.7%, South Korean 1.8%. German 3.3%. While Vancouver population
only 650,000 people, less than 15 times Toronto & GTA
population. => Is it Toronto
Middle Class responsible for
Housing Toronto stable, not down like Vancouver ? -> Who have
capital can afford Home in Toronto? - Use Data we also proved that
Middle Class Toronto 2 x times more capital access than New York
city, and Tokyo 's middle class, where average Home Price around
$400,000. - Use Data we show that Middle Class Toronto 2 x times more capital access than New York city, and Tokyo 's middle class, where average Home Price around $400,000 (Business Insider). While 60% American, UK 51%, Japan 48.9%, Canadian 49% have less than $100,000. See Millionaire Households Rank in the World. Click here - Cost to buy home in 50 US's States in 2018. Click. - Salary needed to buy Home in 20 major US Cities. Click. -> As scientist we talk Data, no mouth, tongue. People make wrong decision, no smart choices, because they get used to mouth & tongue. No doubt that at Downtown New York, Home values in millions of dollars. But if you Average poor districts around New York (like GTA), the median Home Price very low. NOTE: Only Dumb and Idiot keep cash in bank account and Show off Cash, Spending gradually to nothing. Most smart people invest their money in Stock or Home gradually to something. Middle Class keeps 90% their capital access in Home. And they try to pay off Mortgage as soon as possible. |
|
May
27, 2019 -
Intro New Office Cloud E-commerce.
By Design seamless integration, same Look & Feel with other
Office Apps. Customers said: - We expand business online Local & Global, reach out more customers. We need an E-commerce, Online Business website. It costs at least $3000 more than a Pos system. But there are not many features, back & forth with web Developers. Our website, our business in their control. Then we use All-in-One Office New Office Cloud E-commerce, not only we have: 1) E-commerce website, but also, 2) Mobile Order 3) Cloud Print receipt. Not seen E-commerce can Print Receipt. And 4) And Manage Data Analytics Sales, Tax, Total Sales, Orders, Date & Time... And 5) Order Management manage Orders. Customers can track their orders, Order History, Pickup & Delivery, Customer Contact, Address. And 6) We self Create Products & Services, Upload Photo, Price .. And 7) Pos. Customers visit website. They use Left Menu Navigation [<=>] (Open/Close) = List of Icons of Product Group, Category, or Search quickly Products & Services -> Add to Cart -> Checkout Pay by Pay Pal. They Login System, check Delivery, Order History, Check-out and Pay faster. No need Register, repeat fill Contact, Address, Phone .. again. At PayPal, only enter Credit Card Info & Paid. They can use Laptop, Tablet, iPhone, iPad, Galaxy ... to place order. We can Print Receipt anytime from OOM (Office Order Management). And it costs only few hundreds a whole system. No subscription monthly. All-in-one Office is built and design so simple and easy that every one can build & manage the website. -> Now, We expand our business online, reach out more customers, Local & Global, only few hundreds dollars. We are in control our business, our website. Thank You for giving us a Tool to expand business. See Photo Office Ecommerce just below Cloud Print and HOW. |
| We are going to launch Office
World Wide, Global soon.
Global Small & Medium Businesses can't afford the Price in Canada and US. So Price Competition and Office Advanced Technology's What Next are the key. Office helps all kinds of Businesses with affordable Price, leverage their potential, reach out more customers, run business more efficient, apply Hi-tech in a new Digital Economy. Main Components in All-in-one Office = 1) Office Menu 2) Office Pos & Mobile Pos 3) New Office Cloud E-Commerce 4) Office Mobile Orders 5) Office Card 6) Office Order Management 7) Office Cloud Print 8) Office Data & Analytics, Sales, Tax, Products & Services, 9) Office Product Catalog Builder ... Good to run a whole simple & complex business, in-store, online, integration. Customers said: - All-in-one Office for $599 no subscription fee monthly, unlimited licence? Other systems, old technology, cost $3000 / year subscription fee, every year, just for 5 staff 's licences used. We can't afford. We don't need much. We want our business in Digital Economy. All-in-one Office seamless Integration helps us reduce cost doing business, reach out more customers. Our business has too much cost 30% -> 35% for Middle Man, for Software System online, off line, other miscellaneous Costs unnecessary. Waste Time back & forth, busy, no profit. NOTE: Customers can suggest What Price they want. Price like that we easily sell thousands of Office Systems. We have no comment. How? - Millions of Businesses, Stores, Home based Businesses from anywhere in the world in Asia, Africa, Europe, Canada, US, you register to Buy All-in-One Office for Business Enterprise System, One App Works All Devices, and pay by PayPal. Only Pay Pal keeps credit card info. How to register? 1) - From anywhere in the world, you register by Submit Form ( or Email ). We will install Office at our Head Office in Toronto. 2) - You just login your Own Home Website. Open your web browser, type: www.myacomp.com/login -> Use User Id & Password we provide. Can always change later. -> Then follow Help Manual comes with Office Product. And start building your Cloud Business. So simple. Our Price of All-in-One Office Enterprise Business System will be affordable to International Customers, who can't afford North America Price, unlimited Licenses. - Office Advanced Cloud Print's Receipt print from Cloud, from online website. => See the latest Apply Cloud Print Receipt in Office -> Click here . (Update: May 8 /2019) => See Staff / Customer Self-Order in Store and Cloud Print Receipt -> Click here. (May 8 /2019) => See Active Table Manager, Repeat Orders, and Cloud Print Receipt -> Click here.. (May 8 /2019) Why Cloud Print?- Because Office is Cloud Technology to integrate with Mobile Order, online E-Commerce. Without Cloud Print, Office can't print. So must Research Cloud Print. NOTE: Most stores print in small area within stores. But Office can Print (Cloud Print) orders from Website, Mobile, Tablet, iPhone, iPad that people place orders thousands miles away, and orders printing at Pos Printer in store. So that Staff can have receipt to prepare food, order items. This Cloud Print, Print from Website, Mobile, Tablet. Even Vend and many other System Can't Do it. They can only Print inside store. Write code software not easy, but write code to print even more difficult. For example, A customer at home hundreds miles away from a Store. She places orders from her Samsung Mobile Phone ( or iPhone, iPad, Tablet, Laptop) -> Then she check-out, paid at PayPal. After paid, the receipts are Printing at Pos Printer in Store far away from customer's home or office. This is called Cloud Print. Conventional Print, a Staff place orders, print only short distance they must in store. Another Example, A restaurant in Japan offers Mobile Orders, Online E-commerce Orders. Customers in Canada, US, visit that Japan Restaurant website -> Place Order using their Mobile iPhone (or Laptop, Tablet ) -> The Orders then are printing in Japan Restaurant's Pos Printer. Another Example, Customers in a restaurant use their iPhone, or Galaxy Phone and place orders using wireless Wi-Fi. Then orders are printing in store's Pos Printer. With traditional printing like Vend Print Technology, this kind of customers self-orders using their smartphone are not possible. Because Cloud Print doesn't need driver plug-in or installed something in their Devices like Tradition Print. So anyone can print using wireless Devices like Mobile iPhone, smartphone ...
|
 Cloud Print: Print from Cloud, online, in Cloud, like website, Mobile Order, E-commerce order. - Cloud Print also called Internet IP Address Printing Technology. This Cloud Print Technology allows Print over the Internet.
|
-
Update Latest Office Product in April 20, 2019:
How to Mobile Order, Online Order, E-commerce Order using Office Software
Product.
Click here.
Customer Online
Experience: Office Mobile Order, Online, E-commerce Order simple & easy,
only few steps, only 3 x screens.
|
A customer said:
-
In China, Japan, restaurants now use
Robots, Automation, Customers Self-order, Hi-Tech replaces Human
Touch to cut labour cost. We still back and forth with paper, high
labour cost. Carbon paper receipt cost ave 5000$ / year.
While Digital Receipt and Thermal Receipt Pos like
no cost. In our store, I used an old PC Pos system which is a Cashier Point-of-Sales to Mange in-house orders. Now, I want to reach out more customer. I open an Online Restaurant that people can place orders from Mobile Order using any Devices, and Online E-commerce Restaurant. I phone to a local Web Design Company. It said: Cost 5900$ just to Design Mobile Order and Ecommerce Order. The company said that it costs only $6000 open an Mobile & Ecommerce store; While your physical Store cost tens of thousands dollars / month, Utility, Rent .... Do business today must be Online in Digital Economy, fast and efficient. Can't human slow, busy back & forth, waste Time & Money. They are right. Our Staff take order by hand, busy back & forth with customers, take alot of time. A lot Customers don't want to give Credit Card Info to Staff by Phone. Less sales. Even Store Owner doesn't want Staff Take Credit Card Info of customers. We need Smart Store need change mindset. But, I can't afford 5900$. Lucky we have Office System. Now, I will replace old PC Pos System by Office System that includes Pos Point of Sales Cashier System, Mobile Order, Online Ecommerce Order. All-in-one Office with affordable Price. ** Very Important ** Office System can print to Pos printer the receipts of online Orders from website, mobile, tablet to Pos Printer from Mobile Order, Online, E-commerce orders. The local software Company can't provide this feature. Email only. Hard for the kitchen chefs prepare orders in emails. For example, a customer not in Store, at Home miles away used Tablet, iPad, iPhone, Samsung Phone open Office to place orders -> Orders will print to Pos Printer. The chefs look at Pos Receipt to prepare order. Other Pos System, their Technology can print order within Store, not far distance like Office System. They can't print receipt from e-commerce website, mobile phone far away, or when customers order not in store. We also call Vend Pos, a 100 millions dollars Investors invest in a 20 years experience Company. Can't Do Online Print.
|
|
- Household Millionaires Ranking in the world.
Click.
- Keep 1 x a million dollars Home 90% Ownership or Buy 5 x a million dollars Homes, each 20% Ownership? - What Millennial New Trend (Data smart)? Click. - Click : Measure Middle Class & Working Class in US & Canada with Europe, Japan and the World -> To measure the Wealth of a Country, you measure the Middle Class, not the Millionaire, Billionaire. To measure the people at bottom of a country, you measure the working class. (some correction - Will introduce many different GTA Districts and Communities help people understand more about Toronto, GTA. ) - Cost to buy home in 50 US's States in 2018. Click here. - Salary needed to buy Home in 20 major US Cities. Click here. (update) -> Toronto 9.6 million population,
Ave Home Price in Toronto
$800,000,
while New York, 8.5 population, ave Home Price $400,000
from Business Insider,
Tokyo population 9.2 millions, Ave Home Price
$247,000 (30 million yen)
-> Home like car,
is the best indicator about
a person, a place that can afford.
-> Like you go to a town where people drive
Mercedes, and another town where
people drive Hyundai.
What does it tell you about that town?
- Home is symbolized for Toronto Middle Class, 90% asset. On
Average, Toronto Middle Class 2 x times richer than
Middle Class in New York, and Middle Class in Tokyo.
If we don't use Data people don't believe it. But Data said so.
NOTE: Toronto Real Estate use Average Home Price $800,000 = All types Properties: Condos, Town Home, Home. If use Average Home Price for just Home, then much higher than $800,000 in Million. Using Data, is worth thousands words, Scientists explain something easy understand by measurement value, define value, fact that common people can't by using mouth & tongue. Using Data, in few words, scientist describes Toronto more than multi millions PR campaign. People around the world, even people live in Toronto understand What Is Toronto. - A Story of a Canadian Scientist Started from Nothing, no Money, no Degree, Lives and Works in Toronto for 25 years of experience. A scientist wears all kinds of shoes, understanding. Click here. Toronto is success and growing City as proven, because it opens to all kinds of people in the world, more than 1/2 its population, come, work hard, contribute, build the City, and have a fair chance of success. Other Cities in the world should follow Toronto, open, do the same.
- Framework is Modern
Enterprise Architecture, like Infrastructure very important.
->
Click.
Office is built on
400 millions usd
Software
Framework.
- Office for Restaurant
Usage: 2 Steps.
Click here.
Include Online Order + Mobile Order
(like Star Bucks)
+ Self-Order (self-order
in store same steps, just like customer
self-order online, self-order mobile. Not difficult.)
+ Data Management, and POS (point of sales).
| NOTE: Why let
the middle man control delivery cost your business 30% / delivery.
And your customer pay extra Tip for middle man, and slow. Because
they delivery for many business customers, not just your customers. Waste Time &
Money + No profit + Delivery Cost 30%, Tip 15% & Slow + Customer complaining. And still no
Mobile Order. Customers Star Bucks Mobile Order all the time. ? ->
Office can help! |
April 20, 2019 -
Latest Update Office: Quick Mobile Order,
Online Order, E-commerce Order
| =>A Scientist Professor, who spent years of
experience Research & Development R&D on
Mobile App Design, Framework, Data
Driven Architecture, said:
- This is exactly What You See
on Your Mobile Screen. No need Design & Download different
Apps from different Stores like App for Apple Store for iPhone,
App for Google Store, for Android Samsung Phone. No need different
Software Developers Teams like Apple Team, Java Android Team.
One App work for all Devices,
easy use, easy manage, easy maintain only one App specially
for businesses no in-house IT .
Save big Time & Money
for Software Development, more than 1/2 cost. Just click on
Office App Icon on your mobile screen, and Open Office Menu as
seen. => If every restaurant, every business,
store uses our Office System required customers in store just
to eat download 100mb then they will have no space on their phone.
No one wants to do it. Eat 1 Noodle Soup download 100 mb data on
phone. Bothering.. => Steps: 1) Register and Login 2) Add-to-cart 3) Checkout Verify Info 4) Payment. Total only 3 x screens. No jump back & forth. In general: 1) Before order using your Mobile, Tablet, Laptop, Register first click icon 2nd: [Register Info]. After register, you Auto Login system. Why? Save time to fill info like Address, Name, Phone ... again for next time order. Next time, just Login: Enter Phone and BoD at Search Box. Then touch left icon [Customer] to login. 2) Then Add-to-Cart items. Use Search to find items. Click [Item Option] select size -> +/- Qty -> Click [Order Now] add-to-cart. 3) Check-out: Then click 2nd icon [Register Info] again to Verify Info or Update Info before Payment. Such as, Select: Paid By Cash or PayPal, Delivery Method by Pick-up or Delivery, Change Address delivery, Phone and BoD. -> Click [Submit] button close this screen. 4) Payment: - Click icon [ePay] to pay Cash or PayPal. DONE! Save Time & Money: Automation System better than Staff Take Order, Process Order, do every thing, look busy, but cost Time & Money, human errors, hard to Track Data, back & forth. |
-
Home
Value affected by Inflation just like other things.
Whatever we have, car, cash, cloths, TV ... will
lost value naturally by Inflation the Time
Machine, in the long run. Only Home increases values, protects us from
Inflation.
In 90s,
Big Mac
was around 2.0$,
1-Bed Room
around $600. Today Big Mac 6.0$, 1-Bed Room around $1700. around
3x times
higher.
Home like Big Mac,
Rent,
up naturally by Inflation.
Rent up -> Home Price Up
->
Don't expect Home Value (Price) decreases value in
the long run. Just like other G7 countries, Canada
does very best in keeping Inflation under 2%, much better than others
countries in the world, G20, developed and under-developed countries. No
country can avoid Inflation, but only control it. Interest Rate is a tool
used by Central Bank (Bank of Government) to control Inflation.
- Quick Data Analyst in 32 years,
from
1986 -> 1998,
Home Value increased from
Ave 138,000$ -> 216,000$
= 1.56x or 156%. From 1999 -> 2010, Home
Value increased from
Ave 229,000 $ -> 432,000$,
an increase 1.9x or 190%. From
2010 -> 2018,
Home Value increase from
Ave 432,000$ -> 800,000$,
an increase of 1.85x or 185%.
During 32 years,
there were
3 Stock Market crashed:
Black Monday Oct 1987, Internet .Dot Com bubble in March 2000, Financial
Crisis in August, 2008. And Few Housing Coolings, few Economy Recession ...
No problems, Toronto Housing goes strong.
A person remembers:-
Mortgage
Rate
very high during 90s in
6.0%
-> 8%.
Media, News, People talked about Housing went down, very scary.
Nobody wanted Home but Rent in 90s.
He recalled.
->
A lot people were waiting for Interest Rate Down, like now 2018. But
nothing no problem happened even such very high Interest Rate.-> Home was
flat, then increased 180% near double in 10
years from 1990s -> mid 2000s from 200 thousands
something -> 400 thousands something.
They missed chances Buy Home in 90s. Right now 2019, Interest Rate
1.75%, expected not changed for a while.
Interest Rate in 90s 3x higher than now.
-
Whatever crisis,
Home Value still increased in the past 32 years. If you bought a Home in
Toronto jump-in
at any time
in the last 32 years, you will have
Good
Return
around 1.5x or 150%
after bought Home in 10 years. Data said so, no mouth, tongue.
Right now Interest Rate is still cheap at 1.75% stay for a while, no more
increase by BoC.
People were talking about the Hype of Toronto Housing since 1990s.
Now, in 2019 we still talk about Housing Hype -> Already Hype 30 years ago.
Inflation has contributed to some higher Home Price.
-> Just recently 2017 when Toronto Housing Cooling, a lot of News
predicted Housing Bubble, the Bear came out scare people away. But only
minor correction then back to normal. ->
The Bear is always waiting for some bad news to come out.
Author:
There are tens of thousands Home Owners
in Toronto, GTA working hard for their home. What
ever happens to Toronto Housing Market, like Home Price goes Down,
Downtown Toronto would be the most affected areas in double loses
compared to other areas. The Author
is just a messenger. If you buy home in Toronto 5 years ago in 2013,
you would have $312,500
in 5 years. See Data in this Blog. This money will take 30 years to
save.
=> Few my friends who are " Millionaire Professors ",
who bought Home in Toronto 20 years ago. They said after paid for Income
Tax, Rent, Car, Vacation, all Living Expensive by their own Standard... They
manage to save $150,000 / 10 years.=>
That said, even Millionaire Professors have Good Salary would take them 20
years of working to save such money. While Buy Home would take only 5 years.
Salary big or small, make ends meet helps you pay
Living Expensive. Home helps your Wealth, Net Worth grow.
- Do you save
$100,000 after working 10 years?
The Author said:-
Few my friends "millionaire Professors" who had Home 20 years ago.
He implies that "Millionaire Professors" not because they have good
salary, but because they bough Home in Toronto 20 years ago. Which made them
millionaire. Still take them at least 20 years. Not easy.
-> The Author doesn't say he is millionaire
nor millionaire Professor.
As a Canadian, he still makes ends
meet, still has Debt like every one. There are tens of
thousands of People own homes in Toronto. He is messenger to
send good message Buy Home if you want to grow
Wealth. If you can't Buy Home, or missed Home Run ->
OK, accept it. Saving for Next time. -> Follow this Blog. We will
make sense using Data.
In any country, regardless your
backgrounds, your social classes, rich, poor, you work hard, climb
mountain, contribute to society, good citizen. Starting from
nothing, no money, no privilege, you become Scientist, Engineer,
whatever, become Millionaire.
Whatever country they will welcome citizens like you.
As scientist, we use Data no biases, exaggeration. Some people have no background in Data Science. They often used mouth & tongue, easier, faster fire direct from mouth & tongue than from brain and research. Because you need to Do Research in order to Get Data, take time. Recommend reading Build & Implement Database System & Data Management at left side of this website. CANDO = Collect Data, Analyze Data, Normalize Data, Design Data, Organize Data. |
Update: May, 2019
- Continue update until end of month
- Home Sales substantially up
16.8%,
Home Price soar
as Spring Market finally begins to Take off.
While Vancouver sees Home Sales
43%
down below 10 years average, and 29.0
% down compared to last years.
In Vancouver, Average Home Price =
$1,011,200 - Condos =
$656,900.
Townhouse: $783,300
|
|
Forecast Toronto Housing for 2019
All forecast for 2019 Toronto Housing, all types of Properties will be
improving, higher Home Sales, moderate Home Price grow.
It could return to its peak in 2017
after 2 years cooling.
Home Buyers are adjusting to Stress Test, other rules.
Good time Buy Home now,
while Interest still at historic low. If you sit and wait for Supply side,
more home builders build more Affordable Housing, could take a lot of time,
at least 5 - 10 years. And tens of thousands more new Homes, still a
small amount will not satisfy the Demand for home. President of Toronto Real
estate Board
said:
" It is encouraging to see the slight increase in
January transactions on a year-over-year basis, even with the inclement
weather experienced in the GTA region during the last week of the month. The
fact that the number of transactions edged upwards is in line with TREB's
forecast for higher sales in calendar year 2019."
A Scientist and Professor said: -
Stress Test is a tool from the
Bank to make sure Home Buyer can afford Home, pay mortgage when
interest up. Stress Test drives Home Sales low because harder Buy
Home from
Demand Side
perspective. -> Home Price under control, will not jump too much.
However, from
Supply side
perspective -> Home Supply very tight, less Home Builder, less
people sell their Home ->
Home Price still and will be
higher, but not so high, so hot like before.
In 2017, Home Price jumped 33% driven by both
Demand & Supply. This is too much. In 2019, Home Price is
driven by Supply Side only. Home Sales still
low Demand, less Buyers satisfy by Stress Test. But Home
Price instead 33% jump, Home Price will jump around
4% -> 7%. Given ave Home Price
$800,000, this translates returns each year Ave = $50,000. -> Thus
in next 5 years, Home could return
$250,000. As you see, in last 5 years from 2013 ->
2018, Home return $310,000.
=> Thus, today you spend
160,000$ Buy Home.
Ave Home in Toronto = $800,000 -> In next 5 years, you not only
Get back all money, but also see a
return profit = $100,000.
If you are afraid, sit & wait Home price Down ->
You will loss chance Buy Home. Now is Good
Time when Interest Rate still low and not rising.
Don't sit & wait & sorry. ->
Now we understand, not just Demand
pushing Home Price higher, but also tight Supply also pushing
Home Price higher in moderate way. |
|
About Stress Test: - Started in Jan, 2018, Stress Test increases 2%
higher current Interest, around 20% of higher requirement for higher
Income and loan to borrow. For example: If your Salary 50K, you may
need 20% higher 50K Salary = 60K. Or before you qualify for
1 million dollars Loan, now with Stress Test,
you only qualify for $800,000 Loan. The Goal
of Stress Test: It makes sure you can afford to
pay Home Mortgage & Bills, when Interest goes Up. But others complain that
Low Income people hardly Buy Home like before. Stress Test also makes it
harder for people Buy Home as Speculators, who
Buy Home with Small Deposit longer Own Home & Buy & Sell make profit,
not Buy A Home to Live. For Home
Speculators, who are lucky Buy Home before Jan, 2018, a lot of profit.
Now Game is over for new Home Speculators stated in
Jan, 2018. Stress Test = No Easy Buy Home like before. Only affect people Buy Home after Jan, 2018. People Buy Home before 2018, no affect by Stress Test. So Stress Test make sure when Home Price Up, people make profit. Everything is OK. But when Price goes down OR when Interest goes Up -> People Speculators low small Deposit, and People who used to be less qualify for mortgage, will be the first vulnerable on the frontier to abandon their Home -> Thus cause Home Bubble, could crash Home Market like 2008 Financial Crisis. However, Stress Test reduce a lot Home Buyers -> Drive less Demand. Home Sales down. But since very tight in Home Supply -> Home Price is steady, or a small decrease, or moderate increase. Don't expect a big drop in Home Price because of Stress Test. The Bank is Investor, share Home Ownership with you. They need to protect their Losses as well. |
2)
The Average Home Price
of Semi-detach & Detached Home in Toronto for
a whole Calendar Year 2018, Sum & Ave all monthly ups/ downs, both
over 1 millions. The
$787,300
is the Ave for all Types of Property.
- Average Home Price for a whole Year 2018, annually in Toronto=
$835,422, in 2017 Ave Price =
$ 834,205.
- In GTA Ave Price 2018 =
$757,086, in 2017 Ave =
$815,386.
- Average Home Price in 2016 annually =
$729,000. - Ave Home Price in 2015
= $622,000.
- Ave Home Price in 2014 =
$567,000.
Aver Home Price in 2013 =
$523,000.
- Although there is monthly ups/ downs, not important,
because Home not Stock watch every day. But over
all, Ave Home Price in Toronto seems increase
$80,000
year after year from 2015 to 2018. Thus if you Buy Home in Toronto from 2013
-> 2018, you are guaranteed No lose
year after year. In 5 years, your
return profit =
$312,500.
3) Like Stock, Home Price always ups, downs every month. During winter
months, cold, snow, less people line up Buy Home, less hot than Spring
-> Summer months. Thus Home Sales, Home Price a little bit down is common.
=> Take advantage winter to Buy
Home when Home is slow both Home Sales and Home Price.
4) New listings receded noticeably in 2018. In many neighbourhoods, despite
fewer sales, some buyers still struggled to find
a home meeting their needs. Less people sell their Homes -> Very tight in Supply.
Home Buyers have hard time to find home, while Rent increase. Which helps Home Price steady even
Home Sales down.
5)
Rent Affordable in 2019 with 11% increase.
- Rent Affordable affects the
average marginalized people most. While
House Affordable
affects
the middle income, who can afford Buy Home in Toronto, pass Stress Test,
want Home Price goes down. -> In Toronto Rent will increase 11%
significantly in 2019 by Supply / Demand. Which means
more people less Qualify for Home, they have no choice but RENT. -> Push
Rent higher. -> Thus more people will Buy Home because no reason to RENT
when RENT seems as high as Home. -> Push Home Price higher.
6)
No raising Interest, stay at same 1.75% may be for a while.
- On Jan 9, 2019, BoC (Bank of Canada) announced not
raising Interest Rate for a while, because Global Economy uncertainty.
Canada Economy slower pace than expected in 2019. GDP projected only 1.7%
instead of 2.1%.
Next BoC announces in March, 2019.
Right now Interest Rate still
low at 1.75%
compared to in 90s 3x time higher.
Good time to Buy Home.
NOTE: Canada Interest Rate depends on factors like: 1) Oil Market &
Oil Price 2) Global Trade. Economy 3) Housing Market.
=> During high interest rate
1990 -> 1999, 3, 4 x times higher compared now
1.75%, Toronto Home Price did not go down, but ups/ downs small %, +/- 5%,
or flat. Which means historically, even Interest Rate
goes up to 5%,
Home Price will not drop, but Up/ Down small %,
less than 5%, or Flat.
Forecast 2019:
Canada Economy will grow at
slower pace than 2018. Could be recession in late 2019 into 2020, because
the Cycle of
Booming Economy from 10 years -> 12 years may come to end
->
Stock Market big correction. ->
After 5 raises from mid-2017 to end of 2018, Interest Rate will not higher,
remain flat: 1.75% for a while, until end of 2019. -> Thus,
will not affect Home Price a lot. -> Thus good time Buy Home. Don't wait,
expect Home Price lower.
Historically, Data said: High Interest Rate didn't make Home Price
down significantly, but made Home Price Ups/ Downs small %, or Flat.
Usually, Interest Rate will not rise if the Economy slow in order to
stimulus Economy, and
Consumer Spending.
Consumer Spending:
In trillions of dollars -> Which
contributes 65%
of GDP (Not Export then minus -Import,
not Government Spending, not Business Spending & Investment).
Because millions of people every day **
spend money **, go shopping, pay
mortgage, pay bills, eat at restaurants, buy Products & Services from small
businesses ... -> Which helps create jobs, specially from small businesses
create most jobs.
Since 2/3 of
Economy, 2/3 of Job Creation, 2/3 of
GDP created by Consumer
Spending
in
trillions of dollars, more than Government Spending, Business Spending combined.
The Middle Class is the leading force, main Actor in Consumer Spending.
=> Click and See:
Measure Middle Class & Working
Class in US & Canada with Europe, Japan and the World
-> To measure the Wealth of a Country, you measure the
Middle Class, not the Millionaire, Billionaire. To measure the people at
bottom of a country, you measure the working class, the minimum wage.
-> We will continue update Data, and other Important News. See just
Update below this Blog:
Why Not Good Ideas Buy Multi Homes.
NOTE:
On Average, Canada receives 300,000 Immigrants ever year. In 2018,
177,500
are Rich, Economic Immigrants of 300,000, or
60%
are Rich, Economic Immigrants every year. This number continues increasing
to
200,000
Rich, Economic Immigrants in 2020. There are around
100,000 immigrants
or
33% - 40%
come to live in Toronto every year.
Canada has lowest population
36.9 millions
in G7 Industrialized countries, like UK 66 millions, Japan 127 millions,
German 82.2 millions, US 327 millions, France 65 millions... Thus ave
immigrants 300,000 / year still not much, will
take
10 years
to increase Canada Population to 40
millions,
still very low.
=>
Thus less Consumer Spending,
since Consumer Spending contributed 65% GDP of most Industrialized Countries
-> Less Products & Services produced, more Seniors retired.
As a result,
less Comparative.
Ave Home Price 5 biggest Cities Canada
in Dec, 2018:
- Montreal, 2rd biggest City
Canada after Toronto & GTA, 1.75 millions population, Ave Home Price = $350,000, Vancouver,
603,000 population, ave Home
Price = $1,046,000, Town home = $837,600, Condos = $687,000
( Recently Price drop, reduce gap between Toronto & Vancouver. ),
Calgary,
1.26 millions population, Oil Producers = $422,000, Ottawa,
884,000 population, Capital = $413,500,
Kitchener- Waterloo,
234,000
population, Hi-tech, Start-up, Head Office of Black Berry, Nortel,
Ave Home = $429,000.
NOTE:
Some people said Smart Phone first came from, invented by Research In Motion
(RIM) in Kitchener-Waterloo. Now is Black Berry. Just
only 10 years ago,
2008, RIM smart phone Black Berry had 90%
of market, millions of customers,
valued more than 100
Billions
in 2008 before Financial Crisis crash.
First Black Berry device came out in 1999. First Black Berry smartphone came
out in 2002.
First iPhone came out
June, 29, 2007.
First Samsung smartphone came out
June, 2010.
Just only 10 years ago, Black Berry is the #1 Smart Phone Maker.
No iPhone, no Samsung Smart Phone. Today, BlackBerry specialized in making
Enterprise Software.
Toronto & GTA biggest City in Canada,
and 2nd after New York City. Like any countries in the world, the Rich Upper
Class, the Middle Class live in big City. => Toronto, GTA is where the most
rich Upper Class, the House Holds Millionaires, the Middle Class of Canada
are living. Toronto and Vancouver has Ave Home
Price million dollars. But Toronto including GTA = Bigger
15 times x
Vancouver.
The Difference between Toronto and
Vancouver. Vancouver, good Tourism, TV,
Film Productions,
603,000 population.
But Toronto, biggest city of Canada, is the
Financial Hub of Canada, Banks, S&P,
TSX Stock Exchange, Financial Center, Manufactory Hub of Canada,
produce 65% of all Goods of whole Canada, large Population 9.5 millions.
Where you live Make Big Difference.
Which means choose a right place to Live, like in big City, will add
on 1/2 millions dollars or more.
Just follow simple life. No complicated
Investment Portfolio.
Case Study, John
choose to live in Toronto, and Tran
choose to live in Montreal. Both Started life $0.0,
Work very hard. Do same Job. Buy a Home, a Car. Simple
Life Style. No other Investment.
After 20 years, John
lives in Toronto add on his Net worth = $1.030,000,
more than 1/2 millions dollars
richer than Tran in Montreal, her Net worth =
$350,000.
->
Looking at Data,
we see even the return is more than 1
millions dollars because Choose A Right
Place to Live. In Toronto, 20 years ago, Semi-Detached Home
around $260,000,
Detached Homes in Toronto around $310,000.
Today Semi-Detached 1.1 millions -> 1.2 millions
dollars, Detached Home
1.3 millions ->
1.35 millions dollars. While 20 years ago, in
Montréal Ave Home = $200,000, today
$350,000. All is about Data. In
this Case Study, we use data of a male and female for Gender Equality.
=> What we learn is that John & Tran
Making Decision for A Place to Live.
Both are same working very hard 20 years, but Return On
Investment different
1/2 millions dollars.
Tran
said:-
Move
out of Toronto, noisy. Don't Like It.
-> Tran is Making Decision based on
Irrational
Emotion. John based on Choices.
As a result, Game Payoffs big difference = 1/2 millions.
A big loss Time & Money for Tran.
Time = 20 years working hard. Money = 1/2 millions dollars
loss,
because Tran does not Choose Right Place. She could maybe deserve:
1/2 millions ->
Even
1 millions dollars.
Using Data, Scientist proves that Making Decision
for a Place to Live
is very important. John
chose to Live in Toronto -> Work hard, save money -> Buy a Home to Live.
John said:
- Live simple life. Save money for a Home. No Gamble, no Smoke, no Drink, no
expensive Car, no expensive Travel (most spending). People miss opportunity
to Have a Home, because their spending.
For Investor,
buy a cheap Property at a Place that is
no good return Time & Money,
is not worth waiting for.
|
- Is it true that 65K Buy Home 20 years ago, today has return more than 1 millions?- Why financial advisors said differently? -> Yes. See Data. But unlike Stock buy, then sit & wait. Buy Home you must work hard to pay mortgage, property tax, and other Home Expensive for 25 years. Buy Home is first step challenge. The first 10 years after Buy Home, called "Testing Period", is very important. ->Should I wait for Home down more? - No body can time the Market of Stock or Home. Bill Gates, Warren Buffett said so. Right now, Toronto Home Average still at very low since its peak in 2017. 20 years ago when Interest above 6.5%, a lot people waited for it dropped to buy home. They missed Home Ownership, still waiting. Buy Home, Live, and Wait. Not Wait, Rent, and Buy Home. Why Home Price goes Up in long term? List few main factors. 1) Income, GDP / Capital, Basic Minimum Wage = Need money can afford Home. Why Minimum Wage? Because it allows a worker to pay higher Rent -> Home Price up. Minimum wage in Canada, Toronto $14.0 / hr, in 2017 = $11.50 2) Immigration, Population grow. Supply / Demand. A Demand for Place to Live, Demand for Rent pushing higher Home price. Canada receives 300,000 immigrants each year. 60% are Economic Immigrants. 40% for Family Unification, Refugee, Humanitarian .. 3) By Inflation Adjusting. Price goes up. - Today, by Inflation adjusting 2.5x times 20 years ago. Today mini wage 20 years ago 6.5$ -> 14$ / hr, big Mac 3.0$ -> $7.0, 1 bed-room: 650$ -> 1350$. => That's why Home Price goes up naturally just By Inflation Adjusting. Can't stop Inflation only minimize it. Look at Data of Ave Home Price Toronto in past 20 years. - In 1998, ave Home Price = $216,815 -> In 2008, ave Home Price = $380,000 = 1.75 x times increase 1998 -> 2008. Ave Home Price in 2018 = $750,000 in 10 years 2008 -> 2018 up = 1.97 x times => Thus Ave Home Price in Toronto increase = 1.75x in 10 years -> Forecast: 2018 to next 10 years = $750,000 x 1.75 x = Ave Home Price in Toronto = 1.3 millions dollars. Use lower end Data. - In 20 years 1988 -> 2018, there are 2 x big recessions, 2 x big Stock Market crashed in 2000 .Dot Com bubble, and 2008 Financial Crisis. NOTE: From 1998 -> 2008, 2 big Stock Market crashed, 2 big recessions happened within in 10 years, but Ave Home Price still gains 1.7x times. If a lot people scare you recession, home will go down ... Look at Data in past 20 years. No affect Toronto Home Price still rising 20 years. Currently, Ave Home Price is low and affordable, down a lot since its peak 2017. => That's why Home Price goes up just By Inflation Adjusting. How big is 65K 20 years ago? - Today, by Inflation adjusting 2.2x times. Today mini wage 6.5$ -> 14$ / hr or 26,800$ / year, Software Engineer, Engineer: 12$ -> 24$ / hr = 46,000$ / year, big Mac 3.0$ -> $ 7.0, 1 bed-room: 650$ -> 1350$, thus $65000 20 years ago, today = $145,000. NOTE: If you work for big corporation, it will gradually increase entry salary. Most immigrants first came to Canada, started life $0.0 will work in factory. There are PhD from other countries drive taxi. Today is improving, because more Skill Immigrants come Canada. For example, a lot Software Developers, IT Managers in senior high position, IT Professionals from India working in Canada. -> Use Data, scientist show people they can't explain using mouth, tongue.
https://www.cnbc.com/2018/12/05/millennials-prioritize-buying-a-home-over-marriage-or-kids.html
|
A
scientist said: - I gained more
Knowledge, Theory, Research from Teaching. I like
to help students. They used my reference, as my Researcher, to get job.
After that
I left teaching. I was working as Computer Scientist, Software Developer to gain
more hands-on experience. And I love to Design & Build software. ->
But still on/off Teaching Part-Time. There is a college
far from Toronto, I traveled back & forth 2 hour each trip using 2 different
transfer Buses. Some classes, I get up early 6am still very dark in the morning
in order to be in class room at 8am. I teach PT at a College in Toronto area. - After graduated from a Canadian University, if early started career as Computer Scientist. As a Canadian, a Middle Class in Toronto, I have been working around 25 years, started working early age 18 with $0.0 money, no Degree in Toronto. I like talking about Home because Home is something after working hard all your life. People lack of knowledge about Home. Even the best Financial Advisor, Business Processor, Bank Financial Annalist still think Buy Home is no good option. In Canada more than 50% own Home. Recently, I got emails from many people thank me for advice when they bought their first home. One first time Home Buyer said: - I wanted to buy first home but so scary when reading online News, TV. Then my friend sent me this Blog for Research before making the biggest decision of my life: Buy Home. It helps me know more about Home. I were so confident and bough my first Home. A Toronto Middle Class Home Owner said: - We are working 9-5 very hard for Home. Home is very important for us: All or Nothing. I don't know much about Home. Reading online News, I am wanted to sell Home. But you use Data, no biases, help us not sell Home. Thank you very much. But I also receive complaining email from a person. He said: - You speak for millionaire Middle Class Home Owners in Toronto. We are working people, want to Buy Home, wish Home Price goes down, but not. While you maintain Home Price OK, by inflation, not high. I would like to reply this person: -> I started life at 18, no degree, no money $0.0, alone, no parent support, very poor in Toronto at the very bottom. So I understand working class. I speak for myself and want to help people make biggest decision of their life Buy Home, including you and one first time Home Buyer mentioned above. Sorry you can't Buy Home. It is the Market, Supply/ Demand influenced Home Price. Inflation is also main factor contributed to high Home Price.. It is Stress Test makes challenging for working people Buy Home. NOTE: As Data & Computer Scientist, we use data, facts, reality. I read a lot Blogs, Articles, they write don't use Data. Thus bias, based on assumption. Most articles have negative view about Toronto Housing. Data is worth thousands words. - If Deposit less than 20%, it would take longer and pay more interest. For example, Buy Home in 1999, 20% Deposit, in 2019, Your Home Ownership 80% -> 90%. But 10% Deposit, Buy Home in 1999, today 2019 approximately 45% -> 55% Ownership. Because you pay for a lot Interest Payment. That's why, Today, started 2018, new Housing Policy required Deposit at least 20%. Housing Crisis in 2008 because people can Buy Home with small Deposit 5%. People abandon their Home when Home Price dropped.. The more Deposit at least 20%, the less monthly Mortgage Payment / mo (example: 10% = 3000$ / mo -> 20% = 1800$ / mo), the least Interest Payment, less likely abandon their Home, and faster Own Home. Before 2018, most people Buy Home, Deposit less than 20%. It is like borrow 20,000$ loan on Credit Card. You pay 250$ / mo, but 200$ for Interest Payment, only 50$ for Principal Loan = $20,000 - $50 = $19,500. How long Buy Home & Keep Home + Deposit most important. Live in 1 million dollars Home but Ownership less than 50% is Bank's Home. => If you Buy Home before 2006, and Deposit at least 20% = Your Home Ownership more than 50% = You Own Home. Else still Bank's Home. Have Deposit and Buy Home is 1st Challenge. Keep Home for 20 years is another Challenge. People lost Home because: 1) Lost Job. Most common. 2) High Interest goes up.
A new trend according to Bank of America:
- Does it means the Millennial use Data
Intelligence more than Emotional Intelligence in hi-tech
modern time ? A new trend? - They want to Buy Home, Have
Something, maybe Become a Millionaire ?
|
=> Is it good benefit Have 1 x Home and
Pay off mortgage or Sell it, Split resources, Buy 3 x homes?
- We have written in early Blog.
Better benefit just use all resources, money to pay off 1 x Home than split
into Buy multi Homes. You have finished 90%
on the road to mountain. Only climb 10% more then relax. Which means 1 Home
90% Home Ownership better
than have 3 x Homes each 30% Home Ownership start climbing from bottom of mountain at 30%
on the long road for another 20 years more. Waste Time & Money pay more
Interest. Buy or Invest Multi-Homes good when Low Interest, easy Home
Policy, Low Borrowing Cost. Time has changed. Have 3 x Homes
when Interest begins goes up is no good.
|
For example, you bought a Home 20 years ago, few
years pay off. You work hard 20 years, climbed
90% mountain, Home ownership 90%.
Now your Home worth 1 millions. You
sell your home. And buy 3 x million
dollars Homes, each a millions dollars Home. Each deposit 30% =
$300,000. Or
can buy 5 x million dollars Homes, each a
million dollars, each Deposit 20% = $200,000.
Satisfy min require 20%. You better Have 1 x Home to Live than Have 3 x Homes. And Pay off mortgage. Which is better than Buy 3 x Homes each million dollars, each only 30% Ownership. -> Because Buy 3 x Homes, you Waste 3x Time longer to own Home, and waste more 3x Money for Interest Payment. More triple 3x Debt, very high risk. Pay more Interest starts going up, Home Price up little 5% - 8% / year. Not hot up 30% like 2017. Time has changed. Home is not easy, free ride like before. You start climbing 70% mountain again. => You getting older, can't climb more. In general, Ownership 90% and finish pay off 1 x Home -> Become millionaire. Free Home. Free Rent. No more Pay for Interest only -> Enjoy Live. No worry Rent each month, Interest ups, Home goes down. Better than Have 3 x Home, but only 20%, 30% Ownership. It's Bank's Home, 3 x Debt. If Interest goes up trend, will be big problem, 3 x Property Tax, high risk, work hard longer. Not millionaire, because Home Ownership million dollars Home less than 50% = Bank's Home. Always worry Rent each month, Debt, Interest ups, Home goes down, Market ups/ downs. The longer on the road, less % ownership, the longer you pay more for Interest, not for Home. Not sure when you can own 100% Home Ownership. Could never own Home. A Home to Live is the best Return. A scientist said: "- Analyze Data, we see that Keep 1 x Home, safe, less debt, less risky, peace of mind, relax, enjoy live, and return more profit $$$ than Split into 3 x Home. A lot people think that.. Live in million dollars Home -> Then they own million dollars Home, and become millionaire. It is not. It depends on Home Ownership %. Need own a Home at least more than 50% or at least 10 years, Buy Home after 2008 is still Bank's Home. A 20 years Middle Class can buy at least 3 x millions dollars Home. Does it mean he/she 3 x Millionaires? " => That's why Computer Scientist used Data, Make Sense things different with people don't use Data, simple minded. |
 - Climb to the Top of Mountain for Something. A lot of risks, take at least 20 years reach 90% to Top. Relax. Enjoy Life. Become Millionaire. - If you bought a Home 12 years ago in 2006 with Deposit around 10%, probably, you climb at 45% -> 48% of the long road, near half. -> But Deposit at least 20% you at more than 1/2 of the road and accelerating faster to Top. - Just bought Home 5 years ago. Congratulation. -> You are at the beginning on the road to the Top Mountain. A lot of risks, can lost Home any time, back to the bottom. -> Buy Home less than 12 years is Bank's Home, because ownership less than 50% -> Buy Home doesn't mean Own Home. Buy Home very different with Own Home. - Every one with small deposit can Buy Home easily. Buy Home only just get started at the bottom mountain. - But Own Home take at least 20 years climb on Top mountain very difficult. -> In US & in Canada (before Jan, 2018), you can Buy Home with 5% Deposit. Thus Ave Home $800,000, you can Buy Home $40,000. Take a long time on Top. Pay alot Interest. - Now 3x Homes back start at 20% bottom another 25 years again. => You still climb 80% the long road with Home's Renters. Not one, both responsible, climb to Top Mountain. - The losers always Renters, like Mountain Helpers, work hard, heavy load, hard life. Climb 20 years, help others on Top. But Get Nothing. - Rent keeps increasing every year. In 2019, Toronto Rent increased 11%, because people hardly satisfy conditions Buy Home. In 90s, Rent 1-bed room around $600. Today Rent increased around 1700$ for 1-bed room. |
Most
Financial Experts,
like Suze Orman, David Batch, Kevin O'Leary,
advise:
"- Pay off your mortgage as soon
as possible". In this case, rather pay off your
mortgage soon, borrow more debt buy multi homes. Not good ideas. READ:
https://www.msn.com/en-ca/money/topstories/pay-off-your-mortgage-asap-experts-say%E2%80%94heres-why/ar-BBRcEBZ?li=AAggNb9&ocid=mailsignout.
But some other their advices are not right. Buy Home made a different
between Something and Nothing.
I agreed with Kevin O'Leary that we should focus to pay off mortgage.
But disagree with him is that he said Mortgage is
the bad debt, don't get it. And if have mortgage, pay off your mortgage as
fast as you can. To me, Mortgage is
the good debt and your Saving Money Peggy bank. And you can't pay off
your mortgage as fast as you can. It takes 20 years. Just think Mortgage is
your Rent. No choice. You must choose
one. -> You choose Pay Rent near
1/2 income lost money for ever, 50
years, your Children Next Generation. OR Choose Pay Mortgage for 20 years.
Rent Free -> Use your brain.
His advice:
https://www.msn.com/en-ca/money/real-estate/kevin-o%E2%80%99leary-this-is-the-no-1-piece-of-advice-about-your-mortgage/vi-BBSn8Pt?ocid=spartanntp
See My Rule 1)
Why Millennium choose Buy Home is first priority:
1) Home is piggy bank saving money else you
spend by desire. Most important people
don't understand. Mortgage is Good Debt. Because either you choose
pay Mortgage or Pay Rent.
This 3.0 millions dollars
Home 4-level-storey tall but small in Toronto,
Dec 27, 2018:
https://www.msn.com/en-ca/money/homeandproperty/narrow-4-storey-dollar3m-riverdale-house-stalls-on-market/ar-BBRvGeJ?ocid=mailsignout
NOTE: In Toronto don't build this kind of multi-level
storey Home, small area but tall, like lack
of land. Cost a lot Heating Bill in winter.
Not efficient
- This kind of high
raised multi-level 7 storey Home 10 Rooms
common in Far East City.
Click here.
Very
common in Far East because a multi storey Home has a whole big family
including Parent, children, children's family in 1 Home. Unlike
industrialized country when children marry choose move out of home.
| Game Theory -
All about Making Choices and
Decisions A Scientist Professor said: - In the Movie " Crazy Rich Asians " - Professor Chu, plays Game Theory with Students to demonstrate to Game Theory in class that, involving both Psychology, Human Emotion and Choice. " The key is playing to Win, instead of trying not to Lose ". - Most people Play not to lose. The student played game, " Hate to lose what are values to them ", abandoned " rational thoughts " thus make poor decisions. Prof. Chu is playing a Game either: " Gain or Loss " - One Gain in the Expensive of the Other's Loss. Can't both Gain nor both Loss. Thus what ever values the Opponent Lost (- $10), the other Player Gain those values (+ $10). In this Game, Prof. Chu is playing a Strategy in called " Dominating Strategy " that forced the opponent Student played " Play not to lose = Dominated Strategy " The Scientist Professor continues: - What Strategy should the Student play? - Student play Optimum Strategy against Prof's Dominating Strategy to Maximize the Gains -> The Student knows could Loss. So the Student Play this Strategy = Minimize the Maximize Losses = Remove the Maximum Losses. => Game reduced to The Equilibrium of Losses & Gains = The Game's Equilibrium, called: Optimum Strategy. are there other Strategies than Optimum Strategy? - Yes a few - Can't explain here.
Conclusion: In Domination Strategy Game: - Professor Chu Plays Dominating Strategy -> Maximize the Gains. Student best Strategy ( or is forced ) Playing: Optimum Strategy. => The Game Iteration is reduced the Least Losses available on the Matrix Table. => In photo Game 1.
NOTE: Game Theory has applications in all fields of
social science,
economics, policy, as well as logic and computer science used to a wide
range of behavioural relations and
making decisions. A lot big
Corporations, Financial, Technology, Policy, HR, Stock Investment,
International Conflict, Competition, Banks, hire Scientists using Data
Intelligence & Strategy
for Making Decisions. |
 Professor Chu, plays Game Theory to demonstrate: Human Emotions vs. Choices  Game 1:- Domination Strategy Game 3 x 4 Choices. - Play B Dominant Play Dominating Strategy. vs. Play A Dominated Play: Optimum Strategy. ----------------------------- Game 4: Why both do not Play
High Price for both small Gains (2,2) ? |
a - i € A
- i
(
= no matter what the other Players do )
Millionaire Households Rank in the
World.
New update.
|
Data
vs.
Perception, Exaggeration. After reading this,
Continue
reading:
Click here
 Japan: 127 millions, the best in Asia, G7. - 48.9% less than $100,000. - Canada more millionaires 4.5% than Japan 2.7%. If Housing in Toronto not cooling in 2017, Canada = 5.5 %, more double Japan. - Japan = 4 x Much Less population under Bottom Line less than 10,000$ only 5.3%. - Japan has more Middle Class 48.4%, better than any G7. Although Less Millionaire 2.7%. Because less diverse population, thus Wealth distributes more equal unlike Canada, US. - Japan only 2.7% millionaires less than Singapore= 4%, Hong Kong 3.5% population are Millionaire. Lowest millionaire population only 2.7% in G7. - But also Japan has lowest population in poverty only 5.3% less than 10,000$ in G7, Canada 20.7%, US 28.4%, German 40.6% (re-unification East German) population in poverty. - Data true, reflect most Homogeneous Society, like South Korean. South Korean.
|
Just update: NOTE:
90% Wealth, Net worth is Home.
No one puts $100,000 cash under bed.
Net worth
= Home (90%) + Car + Cash + Bank Account + Stock +
Anything can sell
- Liability
(Debt) - Canada & Graph: 37 millions - Has 48.9% less than $100,000 - More millionaires / population = 4.5%, compared to rich countries in Asia: Singapore 4%, Japan 2.7%, Hong Kong 3.5%, South Korea 1.8%, G7 like German 3.2%, France 3.3%, Italy 3.1%, after US = 7.1%, UK 4.8%. Before Housing booming in Toronto, in 2013 = 3.7% millionaires, when 2013 Ave Home Price = $523,000. In Nov, 2018, Ave Home Price Toronto = $869,870. - Chile considered rich country, highest Wealth in Latin America, 3 x times better than Argentina, Brazil, 18 million population, 36% less than $10,000, 89% less than $100,000. - Brazil: 209 millions, 74% less than $10,000, 98% less than $100,000 -------------------------------- - 51% Canadian are Middle Class Home Owners. In many Provinces, in Rural areas, small Towns, Home cheaper. For example, Quebec Ave Home around $230,000, Montreal $330,000, 2rd largest City in Canada after Toronto, GTA. - Rich Canadian Middle Class Home Owners, House Hold Millionaires live in Toronto, Vancouver. Because Home Price in Toronto, Vancouver more than double the rest of Canada. - 1/2 million dollars will be on Top 10% population in most Rich Countries and Industrialized Countries like Canada, Japan, UK, German, France, Italy .. -> People see one side of the equation is narrow minded. Net worth = ? - Why most development countries in Asia, like Thailand has more population less $10,000, less $100,000 ? - Could be in their Culture, Life Style, and Salary. Their Family has One Home is transferred from Grand Parent -> Parent -> Children. In Industrialized Countries this could Create extra 5 Homes not 1, because all live independently. Asia's culture, they all live in same Home, less Rent, less Living Expensive, when Salary not good. Share, Inherits same Home. -> Rather Saving for Buy New Home, they Spend all, Travel. Less worry Rent, Mortgage, Food. -> Thus not add-on value. Unlike Western Industrialized Countries, Children grow up, live away from Home -> Live independent. Have their own Home, Condos. Thus add-on more values for their own. When their parent get older, or died, then Home is transferred to Children + Children's own Add-on values. -> Next generation richer than previous. Life Style = More than half population still live in rural, farming, where they earn few dollars / day. About Scientist Collect & Analyse Data: All is about Data. No comment. No mouth, tongue. No biases. No perception. Just look at these Data, will tell a lot about Social Policy, Social Classes, Demographics, Rich & Poor, the Middle Class, Working Class, Industrialized Countries, the World, big countries like China, India ... For example, look at Data between Japan & other rich country, its equally Wealth Distribution much better, because of homogenous population, compared to US has the most diverse population. Re-unification of German East & West shows an increase 40.6% less than $10,000 highest in G7 Industrialized Countries. China reduced poverty alot only 33.4% population over 1billion people in bottom line, compared to India 90% population in bottom line. Middle Class: - Japan has more 2% Middle Class than Canada, Canada has more 2% Middle Class population than UK, 13% more than US. US has the most Millionaires & Billionaires in the World. A lot more ... Can't explain here - Latest in 2019 - Canada 4.5% of Adult Population over 18 After reading this, Continue reading: Click here |
 Canada: 37 millions, in G7 Industrialized Countries - Less than $100,000: Canada 48.9%, US 60%, Japan 48.9%, China 93%, UK 50.6%, German 62%, S.Korea 60%, Thailand 99%, India 99.3%, Indonesia 99%, Philippine 99.2%, and 95% World population. - Less than $10,000: Canada 20.7%, US 28.4%, Japan 5%, German 40.6%, UK 17.5%, Italy 25%, France 22%, China 33.4%, India 90%, Thailand 89%, Philippine 86.6%, Indonesia 85.4%  UK: 66 millions - The best in Europe, better than German, France, Italy. In G7 Industrialized Countries - 17,5% Less than $10,000 - 50.6% Less than $100,000 |
- Which country has the most millionaire
households / % population in the world?
->
US has the most Households Millionaires, the most Millionaires, the most
Billionaires in the world = 7% of Population had more than 1 Millions ->
Billions,
compared to most rich Industrialized Countries had
Millionaires: South Korea = 1.8%, Japan = 2.7%, German = 3.2%, Russian
= 0.2%, China = 0.5%,
Canada = 4.5%. Richest country in Asia, Hong
Kong = 3.5%, Singapore = 4% of Millionaires
more than 1 Million.
About China:
Has
hundreds of millions Chinese people don't live in big City.
As said,
most rich People, rich Middle Class live
in big City. But by Number not by % Population,
China has the most Millionaires and Billionaires rank 2nd after US.
China has 7.2 % or around
100 millions Middle Class had Net worth more
than $100,000 -> Less than 1 millions
dollars. More than 1/2 millions,
you could be in Top 5% of Population. In
China, Ave Net worth Middle Class ave = $50,000 USD (North
America = $200,000), Ave Middle Class Income =
$11000 usd / mo. This translates into few hundreds millions of Middle
Class in this Category.
NOTE: More than 1/2 millions dollars
(1/2 millions -> 2
millions dollars.) But Data said 1/2
millions is enough put you on
Top 5% of China Population,
Top 1% of India Population,
Top 10% of Japan,
Canada, UK, German, Italy, French, South Korea Population. All is
about Data. No argue.
-> A Scientist said: -That's why scientist used Data.
No Perception. -> Let Data
define value.
Get Top 10% not easy.
Take 20 years
Get to Top 10%
in big City. All is about
Hardwork.
-> Very difficult, like climb on Top mountain, Hard
work, Hard ship, Patient.
-> A Person said: - Not easy
to Get in Top 10% in big industrialized City, because of Living Expensive. Do
grade 5 math -> After Tax, Car,
Insurance, Food, Rent, Phone, Hydro, Water, Job security on/off,
Entertainment, Drink, Smoke, Vacation ...
Nothing left. Even just try to make ends meet just pay for Living
Expensive is tough, no Saving. If I didn't get in Middle Class 20
years ago, today probably, Net worth has less
than $100,000 + debt, like 60% of
US, 49% of Japan, 48%
of UK, 90% China population.
Data very true. In big City life always Ups and Downs. You can't avoid debt no
matter how rich. Buy Home less than 10 years, after 2008,
or, Home Ownership less
than 50% is Bank's Home. -> Advice: ->
Get In Middle Class, Start Saving early, the better, it helps.
I live thru Toronto, I know. Who on Top
10%, no jealousy. Hardwork, Hardship,
Deserve it.
-> We look at Data of population Middle
Class, Millionaires, Billionaires by Region (Continent), US &
Canada, is the richest in the world: North
America -> Western Europe -> South East Asia.
- How many US Adult had Net worth less than 100,000$?
=
60%
of US population. Big gap between Rich & Poor. Compared to Canada = 48%,
Japan = 49%.
-> Net worth less than $10,000, bottom line. How many % Adult Population
in
growing Asia Countries, like Thailand, Indonesia, Philippine, India..
Net worth
less than
$10,000,
in poverty, bottom line? -
Less
than $10,000
=
Thailand 90%, Indonesia 85.4%, Philippines 88.5%, Taiwan 22.5%, Japan 5.3%,
India 90% ->
Data said
India
hard to feed and improve life of more than 1 Billion people.
Industrialized Countries:
Italy = 25%, France 22%, Canada 20.7%, China 33.4%. US 28.4% ->
Data said
China more than 1 billions people has Population in Bottom Line only 5% less
than US, German
40.6%, UK 17.5%
-> Net worth less than $100,000. S.Korea has 65%,
Japan = 49%, UK = 51%, German = 63%, China 90%, US 60%, Canada 48%.
->
Check link above.
About the Author:
As Scientist, we used Data reflects the reality,
not mouth, tongue. Avoid biases.
Data said so.
A bit disclose: -> I am a Canadian citizen like any Canadian
citizen of all kinds of backgrounds live in the World most diverse,
multi-culture big City Toronto. I started my life alone 18 years old in big
Industrialized city Toronto, from $0.0,
no Degree.
Then I started early career as a College Professor,
became Toronto Middle Class 19 years ago quickly, usually take at least 15
years get in Middle Class. (See my cheque in Blog).
Do not judge Scientist for their Research as
long as Scientists no biases, use Data, not mouth and tongue.
People don't like biases.
Narrow minded. Canada is one of the few richest countries in the World.
Every works hard and dreams to become Millionaire,
Top 5% of Population. So far, I have been working for 20 years,
and contributed nearly 1/2 millions in Taxes like other Middle Class
working for 20 years. People, foreigners think Canada a lot benefits for
citizens. The Reality is that as Middle Class, there are no
any benefits available for you, although contribute a lot taxes. Use
credit card when in need or sell Home. The only benefit after lost
jobs is EI (Employment Insurance) for a while, barely enough to get by, max
in a year, but depend on how long you work. To qualify for EI must work at
least 5 months full-time, or work total 800 hours.
That's why in Middle Class try hard to make ends meet, keep working,
pay Bills, pay Debt like everyone.
Office
is a beginning of new kind of Pos, new way of doing business in new
Digital Economy. Invest in new
future. The evolution of Pos
since 50 years ago: Dummy Calculator -> PC Pos
(millions and millions of dollars investment in PC
Pos a waste of money) -> iPad
Pos -> Mobile Pos.
-> People use Office for all Pos
tasks, Place Orders in one hand, so easy.
You still run Office on iPad like iPad Pos,
Tablet, iPhone, Android, Galaxy Phone, Laptop.
A Restaurant said about Mobile
Pos:
- Without Office Mobile Pos, we need
at least 25 iPad Pos, one / table, not including Staff. Specially
weekend, very busy, crowded, all Tables are full. Each table needs 2
iPad, because customers can't wait for other guest finished
to place order. Every one mobile takes order same time faster than
one waits for other one take order using 1 iPad.
Staff take orders,
hundreds of orders, then carbon copy paper bill cost
5000$ / year,
enter orders in Pos, process payment.
Repeat back & forth
every days, months, years.
Office Mobile Pos is only choice, cost
$0.0
for iPad. While using iPad Pos cost at
least $10,000
just for 25 iPad / Table, not including Licence
/ iPad.
Using Office is like having hundreds
of customers as staff
take orders, process orders for you
every days.
Reduce a lot of pressure on staff,
labour cost very high. Office Mobile Order also helps
business increase revenue up to
45%,
better than Drive-thru, less
cost, easy implement, easy
use.
=> Right now in Japan, China, they already build the first
Generation of Robotics for Restaurant replace Server bring food to
customers to save labour cost. And here, we still back & forth every
day. No wonder less profit, inefficient.
| 3 Steps to
setup Product Catalog - If you can setup Product Catalog, you can do &
manage Office. Complex Design is Make It Simple. People, Users don't like complexity. Most Developers don't understand they build product for common Users, not for them. Fist of all, Login to Create First Product Catalog. 1) Create New Product Group = Japan Soup -> 2) Create New Product = Japan Ramen Noodle Soup, Add Product in a Group Japan Soup. -> 3) Then Staff Take First Order: Add-to-Cart, Pay when Customer in Store.
How Office Helps Business Keep
Customers even more important than find New Customers. |
] -> Process Customer Info -> Popup this screen.
Update:
- We update almost every day.
The Requirements for: Buy
Home or Start-up:
A Story: Star Bucks: 25,000 location
Stores world wide, hundreds of thousands employees, revenue in Billions
-> Still in need of Mobile Order Technology. It hires a new CEO to
implement Technology for their stores.
|
