Something I am Having a Hard Time Understanding

We have had our lives and how we use to live changed drastically. So much information on Covid, who do we believe and trust with facts that hardly make up any sense at all. When covid is compared to other outbreaks, it makes you wonder?

So many people have lost their jobs, savings and, in some cases, their businesses. It makes me sad to see so many friends of mine living this nightmare. They have worked so hard to save and create a company that didn't even have a chance to make it.

I can not understand how the stock market and crypto markets can be so bullish, with returns unheard. The other aspect of this crazy equation is the Real-Estate Market value of homes in Ontario.

I have been watching this marketing, what I have noticed is very few "FOR SALE SIGNS." When I do see them, within a few days, they turn into sold signs. The scary part every one of the homes sold for an average of $140,000.00 over the asking price.

But yet so many people are without a job, so who is buying these overpriced homes. My research has to lead me to one logical reason. People living in Toronto, Ontario, are selling their homes for way more than they ever thought they would get.

The average home in Toronto now is just under a million dollars. It makes no sense at all, people have no jobs, but homes are beyond affordable prices. Markets are way out of whack.

What is your thinking with all that is going on? Will it last, or will many lose it all.

All the Best,

Joseph