Expert: Hot Takes (And Hot Tips) On The 2024 Federal Budget

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AVESDO harnesses data’s power to help new home real estate professionals make better, faster, more informed decisions. Authored by advisors from its consulting division, The Kinsman Report is a regular STOREYS column covering key insights, essential data, cultural trends, and more within the new home sales industry.

​"In this month's article, we’ll be presenting a series of ‘Hot Takes,' as they pertain to the 2024 Federal Budget. And — I think we’re all getting tired of incessant negative opposition without any positive suggestions, so — we’ll balance our ‘takes’ with some useful ‘tips,’ as well."In this month's article, we’ll be presenting a series of ‘Hot Takes and Hot Tips,’ as they pertain to the 2024 federal budget.

The data does exist. In fact, at AVESDO, we collect 300 data points on every contract for our customers — like what you would find on MLS — and we don’t sell or use it publicly for data privacy reasons. We have tried to create a dialogue with governments to aid in the housing crisis and support the building industry and, to date, it has gone nowhere. Per usual, it appears they have their own plans, and you will forgive me if I’m skeptical.

In the end, I believe that the topics mentioned under ‘Hot Takes’ will have little-to-zero impact on housing, as the core issues are not being addressed. This means that even if these government programs do create some housing, the results will pale in comparison to the tens of thousands of units the market would normally bring.

 

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