Don Campbell’s interview on The Hour with George Stroumboulopoulos

March 19, 2009 · Filed Under Real Estate Canada 

Last night, The Hour with George Stroumboulopoulos had a great interview with Don Campbell.  Don is a Real Estate Consultant, educator, investor and author of a some excellent real estate investing books, his newest Real Estate Investing in Canada: How to Create Wealth with the ACRE System.Real Estate Investment Newtork

The main discussion was based around whether the Canadian real estate market is going through a crash or just a correction. In interesting comment was how he referred to the last three real estate years as “The Tiger Woods Years”.  (ie can buy just about anything and make money).  The market is now in a correction stage according to Mr. Campbell.

Yes market activity has slowed, prices have dropped and new construction starts lower, but he is preaching that this is just a market correction, be smart on what/where you buy.

He was asked: what conditions do you look for with regards to buying a property in a particular city?

1) look for population increasing

2) average income increasing

3) affordable properties

4) highly accessible (ring road exits, subway, train stops etc)

What five cities in Canada are on his top list for the next 5 – 7 years?

1) Edmonton

2) Calgary

3) Barrie

4) Kitchen-Waterloo-Cambridge

5) Hamilton

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