Our Finance Minister made some important announcements that indirectly affect us Hamilton Real Estate investors so I figured I’d share my thoughts on the subject.
For my veteran clients, they laugh and smirk at the idea of NOT being able to buy a quality investment property in six weeks. For novices, including our friends and family who do NOT already invest, the challenge is comparable to climbing Mt. Everest accompanied by the same risks.
A third-quarter report from Canada Mortgage and Housing Corp. (CMHC) on Wednesday said overvaluation in Hamilton was similar to that of Toronto’s property market.