TORONTO HOUSING EXPO — “JUST JUMP IN!” | Getting Rich Trading Houses?
447 views · Published 9 April 2017 · 5:01 · Indexed 1 November 2026
Channel: Mike Martins · 2017 · News & Politics
“They’re telling everyone that they can be a millionaire when they can’t even pay for food.” — Mike Martins 2017 — Toronto, Canada. The housing market is already running red hot, prices are surging, and now thousands of people are gathering at a massive real estate wealth expo where the message seems to be: get into real estate, build wealth and don’t let fear stop you. In this video, I’m looking at an article covering the Toronto Real Estate Wealth Expo, an event reportedly attended by around 15,000 people, with tickets costing as much as $500. The event featured motivational personalities, real estate professionals and celebrity appearances, including Tony Robbins and Pitbull. But here’s what has me concerned: Toronto housing prices are already through the roof. According to the article I'm discussing, the average GTA house price had reached roughly $916,000, up more than 30% from the previous year. Yet attendees at this expo are hearing messages about jumping into real estate, overcoming fear and building an empire through property. One 24-year-old attendee talks about wanting to build a huge real estate empire. Real estate personalities tell the audience that Toronto remains an opportunity. Developer Brad Lamb reportedly describes Toronto as one of the world's remaining safe havens. And I'm sitting here asking: At what point does investment enthusiasm become speculation? If prices require another buyer to continually come along and pay even more, how long can that cycle continue? I’ve been following Vancouver's housing market and watching the enormous price increases there. Now Toronto appears to be experiencing its own extraordinary run. People aren't simply discussing houses as places to live anymore—they're talking about houses as a pathway to becoming rich. That's what makes this 2017 video particularly interesting to preserve. We're capturing the language, enthusiasm and psychology surrounding Toronto real estate while the boom is actually happening. This isn't looking backward years later. This is what people were saying at the time. #toronto #torontohousing #torontorealestate #housingcrisis #housingbubble #canadianrealestate #propertymarket #housingaffordability #realestateexpo #torontocondos #vancouverhousing #housingprices #2017 #mikemartins
More from this channel
-
7:06
Man BLOCKS Vancouver Bus for 3.5 hrs !
-
1:17
GOODBYE CORVETTE! Trading My 1996 Corvette for a Family Car
-
1:11
I Traded My Corvette for a Chrysler 300C HEMI — Was It Worth It?
-
2:35
Remember the Kitten I Found in a Dumpster? Look at Miami Now!
-
3:47
Small Business Owner BLASTS Yelp — “It’s Hurting Our Businesses!”
-
4:47
Portuguese Piri-Piri Sauce vs Nando’s — Which One Is Better?
-
5:06
I Collected These as a Kid… They STILL Make Wacky Packages?!
-
3:06
Retail Apocalypse ahead, Canadians Are going Broke, Expensive housing → less money → less spending