Daniel Foch
@daniel_foch
Building http://valery.ca, Canada’s first Ai real estate brokerage. I talk about Ai, real estate, and economics. Canada’s #1 real estate podcast 👇
Many people were defeatist about the 6plex thing saying it wouldn't make sense because of DC's, and would just keep developing 4+1's without DC's. Removing development charges will certainly move the needle for sixplex developments, but as it stands, it is still more economical…
2 of the 5 homes I showed this morning were power of sales. One lender discounted the property to clear it out asap. The other lender wrote right on the listing that someone is getting a deal. Both will be setting new benchmarks to the downside.
Premiers push for more power over immigration as Ford takes aim at federal minister theglobeandmail.com/canada/article…
Toronto has 6 months to meet terms of housing agreement with Ottawa, minister says City could lose $30 million in federal funds, previous housing minister warned cbc.ca/news/canada/to…
Uber, $UBER, will let women drivers and riders request to avoid being paired with men starting next month, per CNBC
Probably nothing
Subprime auto delinquencies have now surpassed 2009 levels, reaching a 15-year high, according to Fitch.
I am getting more DMs and inquiries from large Toronto developers interested in multiplex & missing middle development now. Many resisted it, but have realized that highrise is not going to be economical for a while, and will apply their skillset to smaller concepts they can…
"Homebuilders are slashing prices at the highest rate in 3 years," per CNBC
Average Canadian family spent 42.3% of income on taxes last year —more than on housing, food and clothing combined
Absolutely brutal numbers in @mikepmoffatt's latest. missingmiddleinitiative.ca/p/why-lower-co…
Average Canadian family spent 42.3% of income on taxes—more than on housing, food and clothing combined fraserinstitute.org/studies/taxes-…
Canadians Are Spending Less On Real Estate, Investing More In US Stocks
Canadians Pull Back On Real Estate, Set Record Investment In US Stocks betterdwelling.com/canadians-pull…
House Prices in These Toronto Neighbourhoods Are Down $1 Million From Their 2022 Peak wahi.com/ca/en/learning…
Why Are Houses Still Out Of Reach? 🏡🤔 Full video on Youtube. #HousingMarket #RealEstate #AffordableHousing #CanadianRealEstate #PropertyValues #InterestRates #HomeBuying #MarketAnalysis #EconomicTrends #HousingCrisis
Lebron, Bezos and Ken Griffin partying to “Not Like Us” in St. Tropez. Just the way Kendrick planned it.
Followup to this member motion from Councillor Myers. Today, @MayorOliviaChow gave notice that she will be seeking a friendly amendment to the motion to extend it city-wide and exempt all 6 units from DCs and park levy!
Councillor Myers in Ward 23 continues to impress on housing. He was the first to want 6plexes in his ward, and now he has a motion to help make them more viable by ensuring they get a DC reduction the same as 4plexes. Big cost savings. secure.toronto.ca/council/agenda…
Olivia Chow is proposing no DCs up to 7 units on a property. This is the first thing she’s done I’m happy about, and I hope to see more. toronto.ca/legdocs/mmis/2…
Let’s goooooo Craig & others will be discussing this at our upcoming multiplex event eventbrite.ca/e/unpacking-mu… Unpacking Multiplexes Tickets, Thu, 21 Aug 2025 at 5:00 PM | Eventbrite
Olivia Chow is proposing no DCs up to 7 units on a property. This is the first thing she’s done I’m happy about, and I hope to see more. toronto.ca/legdocs/mmis/2…