![How To Prepare For Hyperinflation (Do These 3 Things Now) [Video]](https://video.getpvd.com/wp-content/uploads/2022/09/mp_148655_0_0jpg.jpg)
Financial Education: Watch how to prepare for hyperinflation (do these 3 things now) will help you to not only survive but thrive. Ric Bender provides financial education; Protect your wealth. Reach financial goals. Create economic prosperity.Video Sponsor; Priority Gold – https://bit.ly/RBPriorityGold▶ TIME STAMPS 00:00 Intro00:39 Welcome00:50 Watch Out For SCAMS1:21 How To Prepare For Hyperinflation 4:07 Stock Up On Necessities 4:48 Get Your Money Safe5:55 Convert Your Money To Store Of Value 6:42 Get Out Of Consumer Debt 7:07 Stay Close To Channel 8:18 Outro▶ VISIT MY VIDEO PLAYLISTS Click on the link to learn more – https://www.youtube.com/c/RicBender/playlists▶ MOOMOO Stock Trading Platform – Get 10 Free Stocks Up To $2,000Commission-Free Professional Trading AppClick the link to learn more – https://bit.ly/RBUSMARKET▶ PRIORITY GOLDAmerica’s Precious Metal DealerClick on the link to learn more – https://bit.ly/RBPriorityGold▶ HARD ASSETS ALLIANCE The Best Way to Invest in Gold & Silver Standard Account – Precious Metals IRA and MoreClick on the link to learn more – https://bit.ly/RBHardAssets▶ FIND FORECLOSURES & PRE-FORECLOSURES EASYGet the best real estate deals first, with one simple searchClick on the link to learn more – https://bit.ly/RBFindForeclosures▶ INVEST IN YOU WITH SKILLSHAREGet One Free Month of SkillshareExplore thousands of hands-on creative classes.Click the link to learn more – https://bit.ly/RBSkillShareOffer▶ IPEC Accredited Coaching Programs Become a certified Life Coach, Executive Coach, or Business Coachwith an iPEC Coach Certification.Click the link to learn more – https://bit.ly/BecomeiPecCoach▶ ABOUT THE CHANNEL Ric Bender provides financial education; Protect your wealth. Reach financial goals. Create economic prosperity. Subscribe today – https://www.youtube.com/c/RicBender▶ CONNECT WITH ME Twitter: https://www.twitter.com/ricbenderWebsite: https://www.ricbender.comRumble: https://rumble.com/user/RicBender▶ JOIN MY NEWSLETTEREmail Newsletter: http://eepurl.com/hSKhnT▶ VIDEO NOTESMark Moss – https://www.youtube.com/c/MarkMossGeorge Gammon – https://www.youtube.com/c/GeorgeGammonRich Dad Poor Dad – https://www.youtube.com/c/TheRichDadChanneliAllegedly – https://www.youtube.com/c/IAllegedlyEconomic Ninja – https://www.youtube.com/c/TheEconomicNinjaHeresy Financial – https://www.youtube.com/c/HeresyFinancial▶ D I S C L A I M E R S + D I S C L O S U R E S This content is for educational and entertainment purposes only. This description contains affiliate links that allow you to find suggested resources. When you purchase items from these affiliate links Ric Bender may receive compensation. Thank you for your support of this channelKEYWORDS How To Prepare For Hyperinflation (Do These 3 Things Now), How To Prepare For Hyperinflation, hyperinflation, hyperinflation explained, financial education, financial literacy, financial management, economics, disaster preparedness, How To Prepare For Hyperinflation, how to prepare for hyperinflation 2022, how to prepare for hyperinflation reddit, why is everything so expensive, why is everything so expensive, Ric Bender, economic ninja channel, heresy financial, personal finance#financialeducation #hyperinflation #preparedness #economiccollapse #inflation▶ TAGS#RicBender #financialwellness #financialeducation #personalfinance #personalfinance101 #financialfreedom #financialliteracy #financiallyfree #economicnews #economiccollapse #financialeducator robert kiyosaki financial education, jeremy financial education, financial education jeremy, financial education for beginners, financial education channel, finance education, investing for beginners, inflation, #iallegedly #economicninja
inflation
![Does The Government Hate Landlords? [Video]](https://video.getpvd.com/wp-content/uploads/2022/09/mp_147966_0_0jpg.jpg)
The BC government came out this week and capped rental increases by 2% – Renters say that’s too much! And Landlords are incredibly frustrated as inflationary costs have inflated their cost of ownership by much more than 2%. Historically, the government has increased rates in unison with inflation, but this time around they have suggested a lift of that magnitude would only hurt the Renters. However, the housing providers, folks who have a rental suites that helps offset the cost of their rising mortgages and property taxes are left holding the bag.. often times renting their suites out at a loss. The long term affects of rental caps have historically proven to be more negative than positive. There’s a consequential butterfly effect to these decisions and ultimately kicks the problems further down the road, creating a divisive point of contention between tenants and landlords. This is a result of not having enough housing stock, compounded by the time it takes to create homes in Vancouver – yet Landlords are having to pay the price. Vancouver has a massive housing supply issue and the largest provider of rental housing are investors and local property owners. While the government needs new rental stock they are handcuffing themselves and the providers they need so desperately for their stock. And with inflation being a bigger issue than rent control, expect housing providers to turn to services like Air BnB to make up the shortfall. Landlords will entertain more short term fixed tenancies so they can deal with inflationary pressures.Ultimately, Developers building market rentals for the city will back off from these building types and move to more capital friendly markets where rents are not controlled further restricting the supply of market rental housing. Alberta by comparison has 85% of the population that BC has and they have zero rent control – they also don’t have a rental crisis. The move makes very little financial sense and puts unnecessary pressures on providers to come up with their own solutions. _________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![Another Huge Rate Hike! [Video]](https://video.getpvd.com/wp-content/uploads/2022/09/mp_147085_0_0jpg.jpg)
Categories
Another Huge Rate Hike! [Video]
Mychal Ferreira, Mortgage Specialist from BMO, joins us today on this special podcast where we discuss the impacts of the new 0.75% rate hike. With average mortgages in Vancouver being substantially higher than the rest of the country, Vancouverites can expect their variable rate mortgage payments to increase by another $350-$700 dollars per month – s staggering $4,000 to $8,000 increase in payments each year. Will this be enough pressure to force Sellers to reduce the prices of their homes on the market? Will it be enough pressure to erode disposable income so the economy slows down? Perhaps to some degree, but with recent GDP data showing the economy still running strong and over 1 million job vacancies, the idea of major sell off or panic selling is not something we are expecting.With another oversized rate hike announced today, it’s pretty clear that the Bank of Canada does not yet have inflation under control and are continuing down the path of demand destruction and active wealth erosion. With the benchmark rate now hovering at 3.25% – a mere 0.25% away from the BoC’s target rate and inflation proving to be less transitory than first believed, a future recession and further rate hikes is almost all but guaranteed at this point. Remember, it typically takes a full 18 months before we see the results of a single rate hike – let alone the 4 oversized rate hikes we’ve seen in the last 6 months.Historically, and over the last 30 years almost every time the BoC has risen rates by more than 1.5% we’ve seen a correction back down between 1.5% – 4.5%. So while rates continue their roller-coaster ride up, if history has anything to say about it, it’s highly probable that within a similar time frame we will see the BoC reverse course. If you’re a Buyer expecting to pick up a property from a grovelling Seller, they will be few and far between as many Sellers dig their heels in to combat raising rates while they wait for demand to return. And it will – with an aggressive immigration policy and inventory in Vancouver lower than it was this time last year, it’s clear we have a supply issue mounting and an outcome we’ve seen before when rates begin to fall.Mychal Ferreira can be reached at:https://www.linkedin.com/in/mychalferreira/Dan Wurteledan@thevancouverlife.com604.809.0834Ryan Dash ryan@thevancouverlife.com778.898.0089_________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![Vancouver Home Sales Drop 40% [Video]](https://video.getpvd.com/wp-content/uploads/2022/09/mp_146073_0_0jpg.jpg)
With the Fall market on our doorstep, it’s time to review how the summer market performed and what’s in store for September and October. While we have just come out of a couple of the slowest months in 20 odd years, you would think the market is at a stand still. But with prices having dropped by more than 30% in some areas across the nation, Vancouver remains one of the most resilient marketplaces in North America with prices having only slid by about 7% according to the Housing Price Index. While we are expecting to see this number continue to climb by about another 2% in the foreseeable future, what’s less clear is the bubbling activity behind it. Sales to Active Ratios (think of this number as the pressure gauge for the market) are on the climb across ALL property types and most noticeably in townhomes (rising by 5% month over month). The average ratio across all property types climbed 1.1% month over month putting the market back on the precipice of a sellers market and revealing that we still have a housing crisis on our doorstep. The underlying issues that created the housing crisis we’ve seen over the last decade will continue to persist even with an imminent rate hike that we’ll see in September. With both local, national and international pressures applying themselves to the Vancouver market, expect to see more sustained pressure in the fall months as consumer confidence begins to recover. With anecdotal stories of our Agents going into multiple offers in the last few weeks, chronically low inventory and new listings reducing in numbers… where do the Buyers and the overheated rental market go from here as the search for shelter continues. Stay tuned for the SPECIAL RELEASE coming Sept 7th right after the BoC announcement. _________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![What Happens To Housing After Inflation? [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_144186_0_0jpg.jpg)
In this weeks’ episode we explore where the CORE inflation is sitting and why we feel the result spells an almost certain .05% – 0.75% interest rate hike increase on September 7th. While it’s debatable what the BoC will do, what isn’t debatable is the huge drop in real estate prices we have seen in the last few months as a result of rising interest rates levels and inflationary pressures. Canadian home prices have fallen a staggering 9.9% nationally since the peak of the market in late Feb 2022. This is the steepest decline in recorded history, even surpassing the Global Financial Crisis of 2008 when prices dropped 9.1%. Toronto is without a doubt taking the brunt of it with prices down a concerning 13.2% and inventory up nearly 60%. Vancouver by comparison has only seen a correction of about 4.5% with much tighter inventory levels – in real terms, Vancouver’s inventory is actually down from this time last year, it hasn’t increased. While Inventory has generally climbed across the nation, we are sitting at only 3.4 months of inventory whereas the long term average is closer to 5 months.Immigration numbers are at all time highs and while housing starts are as well, they are far out from completing and continue to provide little relief in the face of an intense rental market. With more than 230,000 permanent residents having already arrived in the first 6 months of the year, expect Canadian immigration to continue to drive growth in the long term. With over 1 million job vacancies and skilled labour making up 56% of the available jobs, it’s no wonder Canada remains one of the best options for skilled immigrants around the world._________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![Government Fees Add 24% To Cost Of Homes [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_142416_0_0jpg.jpg)
The government has long said it wants to create affordable housing for its citizens and has historically pushed developers and the communities they govern to design or ownership alternatives for it to approve. Those include co-op housing, leasehold land, income verified property and many other forms of “affordable ownership”. To be real, these do nothing but stigmatize property, they don’t allot the same rights and privilege as those with a fee simple interest but rather dilute ownership under the guise of affordability. The government has never suggested that it lower its own development or building related permit fees – a cost that gets indirectly passed onto the consumer with each project that gets built. A new report by CMHC has concluded that the government is responsible for at least 24% of the average home cost BEFORE you consider property transfer tax or GST. Add those government fees to the equation and it rises to 33%! That’s right, 33% of the cost of your new home is thanks to government fees. In Vancouver that translates to $180,000 in fees and taxes of a typical new condo. This is significantly more than any other party involved in the transaction. Without a doubt there needs to be some consideration for government fees as none of the work is free and development rules and guidelines need to be adhered to – but how did it become a third of the cost of an average condo in Vancouver? Today we explore the information, the hypocrisy and some solutions that could help reduce the cost to the community. _________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![STARTING A BUSINESS | Tips To Leave Your JOB And Starting Your OWN | SMART MONEY HABITS. [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_139586_0_0jpg.jpg)
In this video, we shall teach you the best TIPS to leaving your job and starting your own.Please pay attention and follow these secrets to reach the life you promise yourself.’Smart Money Habits’ teaches you habits of money, making money online, how you can start earning both online and offline. This is possible ,to get rich, while you sleep, how to start a side business and much more relating to smart money habits.If you are thinking of work from home jobs, how to save money, how to start a passive income, how to let your money work for you, then you are in the right place.”Smart Money Habits” ‘How To Videos’, teach important lessons about money and finances that you were never thought in school. We have already helped so many different people offline to staying on the best finance track offline.That’s why we taught to to bring it to camera on YouTube “Smart Money Habits”.Be sure to smash the like and subscribe buttons and that notification bell for more important content.We appreciate your support.DISCLAIMER: This is not financial advice and we are not financial advisors either. In “SMART MONEY HABITS,” Our videos are for educational purposes only. Viewers are responsible for their own investment and hence need to do their own research before taking action.
![BREAKING NEWS: VOTE PASSED! Inflation Reduction Act of 2022 [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_138770_0_0jpg.jpg)
Massive news overnight as the Senate passes the first vote of the Inflation Reduction Act of 2022 and the details are in this video. Let me know your thoughts in the comments!Also we have some major elections coming up soon in several states like in California for Governor Gavin Newsom, in New York for Governor Kathy Hochul, in Texas for Governor Greg Abbott, and Florida for Governor Ron Desantis among many other major states in the US. As well as elections for congress for all of the seats in the House and about 1/3rd of the Senate.💥 New Video Updates come out Every Day at 10am, 3pm, and 8pm EST / Eastern Standard Time . Make sure to click the Subscribe button below and then click the bell icon to “All Notifications” so you get reminder notifications for new videos!VIDEOS TO WATCH NEXT:⚡️ New video about $2400 Social Security Raises – https://youtu.be/G0bFJEL7ivk✅ You can get Rent Assistance and get your rent paid for up to 12 months from the government from the last stimulus package! – https://youtu.be/fdgf_0Pd0ik🔥 Homeowners Assistance Fund Video – https://youtu.be/NzXYwHEhSkU✅ How to get Utility Assistance is mentioned in this video – https://youtu.be/ohjxsZztvZ0✅ This video shows how you can get a $6,600+ tax refund through the adult earned income tax credit – https://www.youtube.com/watch?v=bZspnY2hmlo💥 Most recent video on a new $25,000 home buyer mortgage grant – https://youtu.be/pOYaUcs7QII✅ Want to learn how to start a business selling products on Amazon FBA? Watch these videos in order to the end and the next video will auto play teaching you how – https://www.youtube.com/playlist?list=PLXAQ7RfyJqsRVkMF1E01T11UA0bvPVTGx🔔 Make sure you subscribe to this YouTube Channel and hit the bell icon so you don’t miss out on new upcoming videos its free! I also have videos about: Personal Finance | Becoming an Entrepreneur | Investing | Investing for beginners | Stock market investing | 401k and Retirement Planning | Stocks for beginners | Gold Investing | Silver Investing | Business ideas | Mortgage rates | Home Loans | Passive income | Life insurance | Car insurance | Ways to Make Money from Home | Turbo tax refund for 2022Other videos you should watch next:✅ Video of my wife and I receiving our award from Youtube! : https://youtu.be/6zqsZLqVIEcBEWARE of people pretending to be me in the comment section and people trying to TRICK YOU in the comment section! I won’t ask for you to call or text me in the comments if you see anything like that its fake, and its not me! So beware and don’t give your personal info to anybody!Thanks for watching my youtube channel: the its Jimmy Show, or it’s Jimmy, aka it is Jimmy, and the stimulus check update Jimmy 🙂
![Has Inflation Peaked? [Video]](https://video.getpvd.com/wp-content/uploads/2022/08/mp_137150_0_0jpg.jpg)
Categories
Has Inflation Peaked? [Video]
In this episode we take a look at what our economy is doing from a National perspective. Some of the key take aways here include signs that we are seeing inflationary pressures beginning to ease, Bond Yields are continuing to come down and housing starts are beginning to increase again while we deal with sky rocketing rental increases. Home sales in the month of June and no doubt in the month of July are down by a serious margin (-33% in BC and -36% in Ontario) and continue to stall out the market. While prices are coming down, it appears as though inventory is holding strong and hasn’t risen with only 3.1 months of inventory on the market. With strong national unemployment at 4.9% and record levels of immigration (over 400k) the fundamentals still look strong. Locally speaking, we have entered into a Balanced market which is something we haven’t seen since January 2020! The median home price is also holding strong at 900k – although we suspect that will continue to fall as the Fed’s continue to raise rates throughout the rest of the year. BC is down 33% in home sales year over year and while BC’s inventory climbed +21% – the GVRD’s inventory remains largely unchanged. It’s crazy to think that just a year ago, households were paying just 2.5% average interest rates across ALL outstanding debt….credit cards, auto loans, mortgages, HELOCs….all of it but with higher interest on credit cards, rising levels of insolvencies (still low but rising), negative wage growth, falling prices and more expensive mortgages – Consumer confidence in Canada’s housing sector has fallen off the map. If you bought a house today with prevailing rates, you are paying 55% more in payments for the same home than you would have just 10 months ago.Activity levels across major real estate offices is down on average by 15% and climbing – this is mostly because of the rising costs of borrowing and the continued cooling of home sales across the country. With the re-sale property market accounting for nearly 10% of our country’s GDP, it’s all but certain that a recession for part of 2023 is on our doorstep with the Central Banks attempt to control inflation. _________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________
![Internet Lead Conversion: Tip 6/12 On HOW to survive a market SHIFT (Real Estate Edition) #shorts [Video]](https://video.getpvd.com/wp-content/uploads/2022/07/mp_136065_0_0jpg.jpg)
Internet Lead Conversion: Tip 6/12 On HOW to survive a market SHIFTLead conversion is key in any business, but especially in real estate when market conditions can shift rapidly. Watch this video for the sixth tip on how to survive a market shift and stay ahead of your competition. If you’re looking for more tips on how to succeed in real estate, make sure to check out our other videos or visit our website!HAVE A VIDEO IDEA? TELL ME!💬Comment on the Video! These videos are made for anyone looking to level up their productivity, content, sales, and marketing game. We teach it through the lens of Real Estate and media but it applies to any and all industries. If you get any value from these videos or want specific topics covered let us know!Comment below or reach out to me direct anytime @justin.konikow on IG! For more resources and free action, guides head to justinkonikow.com/resourcesConnect : (519) 783-1463 call/txt
![White House says GOOD NEWS!! & You won’t believe what Trump Said… [Video]](https://video.getpvd.com/wp-content/uploads/2022/07/mp_135891_0_0jpg.jpg)
The White House says that business is good and we can avoid a recession! Let me know your thoughts about this interview… Also let me know your thoughts about what Trump has to say about him bashing his own Republican party… Seems theres alot of turmoil right now in Washington to say the least.💥 New Video Updates come out Every Day at 10am, 3pm, and 8pm EST / Eastern Standard Time . Make sure to click the Subscribe button above and then click the bell icon to “All Notifications” so you get reminder notifications for new videos!VIDEOS TO WATCH NEXT:⚡️ New video about $2400 Social Security Raises – https://youtu.be/G0bFJEL7ivk✅ You can get Rent Assistance and get your rent paid for up to 12 months from the government from the last stimulus package! – https://youtu.be/fdgf_0Pd0ik🔥 Homeowners Assistance Fund Video – https://youtu.be/NzXYwHEhSkU✅ How to get Utility Assistance is mentioned in this video – https://youtu.be/ohjxsZztvZ0✅ This video shows how you can get a $6,600+ tax refund through the adult earned income tax credit – https://www.youtube.com/watch?v=bZspnY2hmlo💥 Most recent video on a new $25,000 home buyer mortgage grant – https://youtu.be/pOYaUcs7QII✅ Want to learn how to start a business selling products on Amazon FBA? Watch these videos in order to the end and the next video will auto play teaching you how – https://www.youtube.com/playlist?list=PLXAQ7RfyJqsRVkMF1E01T11UA0bvPVTGx🔔 Make sure you subscribe to this YouTube Channel and hit the bell icon so you don’t miss out on new upcoming videos its free! I also have videos about: Personal Finance | Becoming an Entrepreneur | Investing | Investing for beginners | Stock market investing | 401k and Retirement Planning | Stocks for beginners | Gold Investing | Silver Investing | Business ideas | Mortgage rates | Home Loans | Passive income | Life insurance | Car insurance | Ways to Make Money from Home | Turbo tax refund for 2022Other videos you should watch next:✅ Video of my wife and I receiving our award from Youtube! : https://youtu.be/6zqsZLqVIEcBEWARE of people pretending to be me in the comment section and people trying to TRICK YOU in the comment section! I won’t ask for you to call or text me in the comments if you see anything like that its fake, and its not me! So beware and don’t give your personal info to anybody!Thanks for watching my youtube channel: the its Jimmy Show, or it’s Jimmy, aka it is Jimmy, and the stimulus check update Jimmy 🙂
![Home Buying Power Down 22% [Video]](https://video.getpvd.com/wp-content/uploads/2022/07/mp_133033_0_0jpg.jpg)
Wednesday’s 100 basis point hike to the overnight interest rate brings the total increases this year to 2.25%. This will understandably have a profound impact on housing prices. The monthly payments to purchase the same home in January compared to today are up $1,100, or 52%. The rising rates have already seen around a 20% decline in prices in the GTA, and here in Vancouver, around 11%.The full effects of the recent rate hike have yet to be felt. Plus, current indications are that rates will be raised to 3.75% by year end, adding another 1.25% before the Bank of Canada levels off. The word Recession has become predominant recently, though the robust job market is doing its best to hold it at bay. June produced the lowest employment rate in recorded history, coming in under 5% for the first time ever. There is no question property prices are going to go lower in Vancouver – current estimates point to 15% HPI. With the cost of borrowing up, this isn’t making homes more affordable, as monthly payments for the lower price home are as high as the higher priced home with lower rates. Cash buyers are the real winners here._________________________________ 🏡 Visit our website to see active listings and valuable Real Estate information 🏡 → The Vancouver Life: https://bit.ly/3yN25V7🏦 Investors 🏦 Join our Investors Group with over 6,600 Members→ Facebook Group for Investors: https://bit.ly/3CQ7hu3 💥 Follow us on Social Media 💥 → Instagram: https://bit.ly/3jSkRo1→ Facebook: https://bit.ly/3g05bxK→ Twitter: https://bit.ly/3xMGFpZ_________________________________ The Vancouver Life Real Estate Group are licensed Real Estate Agents at eXp Realty Vancouver / eXp Realty Canada:🏆 Top 3% Agents 2019, 2020, 2021🏆 Medallion Club Members 2019, 2020, 2021🏆 Over $250,000,000 in saleswww.thevancouverlife.com_________________________________ 👩🏼💼 Are You A Real Estate Agent? 👨🏼💼Book a 1-on-1 with us to learn how we help agents DOUBLE their business → https://bit.ly/level10agentThis is a taste of what our Coaching Team can offer you, free of charge!🆓 Google Ads coaching or discounted management🆓 Level 10 Agent + SIMS Coaching Systems & coaching calls every week🆓 YouTube, social media & online lead generation coaching🆓 Access to an online lead generation program🆓 Access to online lead conversion program🆓 1-Page business plan created with you by our Coaching team🆓 90-day Coaching new agent training program🆓 Your Assistants trained & hired with SIMS assistant team🆓 Your Inside Sales Agents trained & hired with SIMS powerhouse ISA team🆓 Access to our private Facebook mastermind Group🆓 Access to 1-1 when you need us for support🆓 Access to kvCORE, 40+ weekly training calls, stock, revenue share and more…👉 Learn more at https://bit.ly/level10agent_________________________________