The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
I’ve collected all the latest housing-related links here before I head out on vacation for a couple of weeks. Talk to you again on Aug. 13.
How hot is Toronto’s real estate market?
Let’s just say there’s a home in the Trinity Bellwoods neighbourhood on Queen Street West where a one-quarter interest in the dwelling was recently put on sale for $479,000. Basically, you’d be buying one floor of a three-storey house for almost half a million dollars. Here’s the MLS listing for the house share.
Taking a break from housing hysteria
A famous hedge fund manager on U.S. housing: “If you rent, buy. If you own, buy a second home.” Feel like you’re missing out by not getting into the housing market where you live? Read these sensible comments from New York Times financial blogger Carl Richards.
Realtor reality check – can you sell your own home?
A look at the pros and cons of selling your house yourself instead of using a realtor.
For those who can’t afford a house in Canada
There are some mighty fine bargains available in Detroit.
A guide for condo buyers
Toronto Life offers this “crash-proof” guide for prospective buyers.
How to be a landlord
Here’s the pitch: You buy an investment property, rent it out and collect passive income indefinitely. Now, read this reality check on being a landlord.