Peter Cresswell

The Toronto housing situation - the great, big bubble staring everyone in the face (or, at least, all those who aren’t paid to ignore it) is starting to show signs of its age. Predicting the exact moment of it’s potentially explosive demise is a fool’s game. But the symptoms are piling up. Here are just a few of them that have come to mind recently. The rich are nervous and frustrated One of my clients works in the health care space directly with well paid individuals. Mostly doctors. It’s not uncommon for conversations to turn to housing and what my client hears is mostly groans about a lack of affordable options and constantly being outbid in bidding wars.