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December 4, 2017 | Competition Bureau Gives CRA New Found Powers

Ross is currently Canada's only authority on Real Estate Transactional Data (RETD) in Canada and through this expertise and the relationships he has built with 100's of licensed to trade practitioners, is the only person in Canada to have reviewed and analyzed millions of real estate trades from 1990 onward. His understanding of the power held within RETD, combined with a personal involvement of over 1500 real estate transactions opened opportunities for insight that are unique in North America today.

How much home can the average income buy?

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Archives December 4th, 2017

Posted In: Radio

One Comment

  • Ben says:

    I have a lot of time for Ross but he’s way off the mark here. Obviously he doesn’t like this decision but you cannot tell someones net worth by knowing house purchase prices. You have no visibility into if they paid cash or how big their down payment is which would be critical information. If they borrowed 100% of the house price their net worth is zero vs someone who paid cash would be worth $1M. You would have no way to know either way so cannot determine net worth. Net worth is assets less liabilities. I’ll give Ross a pass on totally missing this one as he normally knows what he’s talking about.

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