All posts by Durham REI
Unpacking Ray Dalio’s It Starts With Inflation – Key Insights
When it comes to understanding the complex workings of the economy, few names carry as much weight as that of Ray Dalio. As the founder of Bridgewater Associates, one of the world’s largest and most successful investment firms, Dalio has built a reputation as a master of economic forecasting and analysis. Not only does he […]
Continue readingWhy Multifamily Property Is A Defensive Counter-cyclical Investment When Compared to Residential Property
As an investor, you’re always looking for opportunities to grow your portfolio and generate revenue. At the same time, you also want to protect your investment. This is why you need to diversify your portfolio with defensive investments. As we all know, the housing market is constantly fluctuating. This is a good thing for some, […]
Continue readingThe Human Element of Money – Key Takeaways Morgan Housel’s The Art and Science of Spending Money
In his piece, “The Art and Science of Spending Money,” Morgan Housel delves into the intricate interplay between psychology and money. He masterfully illustrates how our spending habits are not only shaped by our emotions and values, but also reveal insights into our character, aspirations, and even our sense of self. Behavioral finance has provided […]
Continue readingWhen Creativity, Trumps Contractors
In 2012, my wife and I purchased our first property. We were new to real estate, new to hiring contractors and had only a small idea on what labour and materials may cost to begin our maiden voyage. The property we had purchased was with a realtor through the MLS, and also happened to be […]
Continue readingBuilding permit sales in Whitby continue to rise
September was a positive month for building permit sales in Whitby. A total of 79 permits were sold last month, up from 73 for the same period last year. However, the construction value for those permits skyrocketed up almost 270 per cent to more than $56.6 million. Year-to-date construction value is up almost 20 per […]
Continue readingWhitby task force continues towards the goal of building a new hospital
Planning and preparations are continuing for Lakeridge Health, as it looks at the possibility of a new hospital in Whitby. Chair of the new hospital task force, Christopher White, says the need right now is great, and will become much greater as the population ages. White says their goal is to create a teaching and […]
Continue readingNumber of students at UOIT has increased tenfold since school opened in 2003
Enrollment at UOIT has increased tenfold, in the ten years since its founding. The university opened its doors to 947 students in 2003, and this year welcomed 9,203 students. Registrar Victoria Choy says continued growth will be a challenge for the university as space becomes more and more limited, but adds that fast paced growth […]
Continue readingMajor transit project coming to Whitby
A new transit project is coming to Whitby, that will result in several construction jobs as well as 300 to 400 full-time jobs. Finance Minister and Whitby-Oshawa MP Jim Flaherty announced Thursday, that the Federal Government is investing $94.8-million in a GO-Transit maintenance facility, that’ll be built just off Victoria Street, just west of Thickson. The […]
Continue readingMPAC says it’s seen an 18 percent increase in property values in Ontario
Ontario home owners will be receiving their assessment this fall. According to the province’s Municipal Property Assessment Corporation, there’s been an 18 percent spike in the value of homes since the 2008 assessment. Chief Assessor Larry Hummel says in the GTA, the increase can partly be blamed on the influx of immigrants, as well as […]
Continue readingAjax considers development future of waterfront
The town of Ajax has acquired some new parkland at the waterfront. The new 19 acres of land is located north of the Lake Ontario shoreline, adjacent to Ontoro Boulevard and stretching north to Range Road. Mayor Steve Parish says looking around the world, successful cities exploit their waterfront. He says they will layout options […]
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