Welcome to another episode of Millennials Choice Real Estate, Finance & Entrepreneurship with your hosts Matthew and Danny Ablakan. This episode zooms in on the Canadian real estate industry through the lens of millennial entrepreneurs. Faced with a host of challenges – from crippling student debt to a fierce job market – the dream of owning a home may seem like a distant mirage for most millennials. However, this episode will explore the surprising silver linings in the current economic landscape.
We will break down the important trends in rental real estate, showcase pre construction strategies, and unearth new opportunities arising from government initiatives that support affordable housing. We will also share inspiring case studies of millennials who have turned obstacles into opportunities and are carving out secure financial futures for themselves through strategic real estate investments. The emphasis here is on the power of long-term thinking and the role of rental real estate in building wealth.
TIMESTAMPS
00:00:00: Introduction
00:01:46: The issue of housing supply in Ontario and Canada
00:02:52: Discussion on the government's role in rental real estate
00:10:31: Long term mentality on properties and rental profits
00:16:07: Getting into the market with pre construction real estate
00:20:36: Misconceptions about Investing
00:23:57: Preconstruction as Investment Solution
00:28:52: Discussion on Variable Rate and Fixed Rate Mortgages
00:33:16: Benefits of Rental Real Estate
00:35:32: Conclusion and Call to Action
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