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While it is easy to point out the youths who prefer to party, travel, and buy expensive things, there is a very real segment of those under 35 years old who value and prioritize home ownership above much else. In the GTA, they have seen a market which just continues to appreciate for more than 10 years, and they worry that if they don’t get into the home ownership market as soon as they can, they may never get in. So which are the specific reasons young people are buying homes, and how are they affording to do so?

As previously mentioned, some buyers are in the market because they know it is the right thing to do (for example, my girlfriend bought an investment condo unit while she was still living at home with her parents), but there is another big motivating factor. Do you remember your first serious love – the one you could see really turning into a life together? That same love is redefining what is most important to it. A 2013 survey conducted by Coldwell Banker. ...

Evidently, price is usually the number one most important factor for buyers when buying Real Estate. However, in Commercial Real Estate, how the purchase price is allocated between land and improvements (buildings) or other assets, can make a very real (dollar) difference to the buyer over time.
In the tax world, land cannot be depreciated – but just about everything else can be. For example, if you buy a property with a warehouse on it for $1,000,000, and the allocation of the $1,000,000 is: $600,000 to the land, and for $400,000 to the building, you’ll be able to depreciate 4% of the building every year (except for the first year, which is only 2%), on a declining balance. That means that the first year you’ll be able to deduct $8,000 from the property revenue (2% of $400,000), so you pay taxes on a lower amount of income. The second year, you’ll be able to deduct $15,680 from the property revenue (4% of the balance of the $400,000 – which is $392,000 ...