Ira Gluskin, co-founder of Gluskin Sheff + Associates Inc., was featured in an interview by the Business News Network expressing his optimistic views on the North American Real Estate Market.
When asked to comment on the bearish predictions of Canada’s real estate bubble, Gluskin is quick to assert that there is a very real and continuing housing demand in Toronto. Citing the limitations imposed by Southern Ontario’s Greenbelt and Toronto’s immigration rate – bringing in one million new people every ten years – Gluskin is very confident that the real estate market will only continue to grow.
He further affirms that investing in land development is superior to oil and gas, and that the industry as a whole boasts abundant opportunities for success.