INVESTOR TRAINING
ALREADY A ROCK STAR?
LOGIN HERE

Can Toronto Real Estate Prices Go Up With High Interest Rates?

We'll take heat for even mentioning this but we don't care ... this week we asked ourselves if it's possible for real estate prices to go up even in the face of high-interest rates. And we looked back into the dark webs of history for the answers...

Also, if you haven't already, check out our list of best places to invest in Ontario for 2018

 

 

LIKE WHAT YOU SEE? SUBSCRIBE TO OUR YOUTUBE CHANNEL

Find us on Social Media

Related Videos

Leave a Reply

Your email address will not be published. Required fields are marked *

0 comments on “Can Toronto Real Estate Prices Go Up With High Interest Rates?”

  1. When you think about inflation in the 1970's into early 80's, and the Oil Embargo, I believe the real shock originated from the U.S. coming off of the Gold Standard in 1971. This lead to currency debasement (inflation) and since that time the U.S. government has ran a budget deficit almost structurally. Prior to the early 1970's they ran budget deficits and surpluses with the economic cycles - which is what you would hope for. Thankfully Volcker had the guts to drastically raise the fed funds rate in the early 80's to get in front of the inflation. There's a book called "The Great Deformation" by David Stockman where he talks at length about Nixon's decision to come off of the Gold Standard and what it did to the U.S. economy, markets, politics, etc.. He basically calls it a "TSN Turning Point" in U.S. history and many of the excesses (bubbles) can be tied back to that decision. Fun stuff.

    1. Great summary and we totally agree with the "TSN turning point" analogy. The U.S. and the oil shock lead the way as you describe. Great way to summarize it. Thanks for sharing that. - Tom.

crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram