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Oct/23

oct23_Issue

Housing Crisis? Immediate Solutions Exist!

Definition of Crisis: A time of intense, difficulty, trouble or danger; Okay, fair enough. I can see this applying to our current state of economy and housing…to some degree.

How are Crises created?

A crisis can occur as a result of an unpredictable event or an unforeseeable consequence of some event that has been considered as a potential risk. In either case, crises almost invariably require that decisions be made quickly to limit damage. Well, I think it’s safe to say that the government had all the data necessary to PREDICT what would happen if population growth was increased, yet infrastructure or means to deliver infrastructure was not in place.

There was a time when a country was extremely satisfied to see the population growth in any given year. Jobs were formed and the amount of tax money paid to the Country increased! However, it’s clear there does need to be a balance.

Generally if your basement is flooding, you don’t plug the drains and turn on all the faucets. Today we are clearly experiencing a population flood on Canadian soil. As much as this is a welcomed concept, if you open the flood gates it is imperative that you take measures to service it.

The concern lies, how do we remove the national stress that our current population is putting on the healthcare system, housing supply and overall inflation topics? Immediate solutions both at the national and local levels here in Windsor/Essex County DO exist for immediate relief!


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Article By: Matthew Buschman


CLICK HERE TO READ THE FULL ARTICLE


September 2023 Market Report


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  • As we are clearly starting to see the net effect of rate hikes and buyer uncertainty combined with seller hesitation, over the next month or so this may allow for opportunities for certain buyer ranges to capitalize.  More regularly, the buyers and sellers feel it is best to wait until next spring. However, it would be encouraged for those who are 1st time buyers or renters to be prepared to capitalize before the years end ahead of a rebound.


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Local Events


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Spitfires vs North Bay Battalion

October 5th


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Stroll the Streets

October 13th


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Halloween Spooktacular

October 28th


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Windsor International Film Festival

October 26 - November 5



Active Listings


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297 Lakeside Drive

COMING SOON FOR LEASE

3 Bed | 2 Baths

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Vacant Land

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Building w/ Lease

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Building: 15,925 sqft

Long Term Tenant

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APP_9422


 94 Satinwood Crescent

FOR SALE

3+1 Bed | 2 Baths

Impeccably Fully Finished Raised Ranch Home Located on a Quiet Crescent in a Great Family Neighbourhood!


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Client Reviews


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