The year started off great...
We were in a hot real estate market, our household survived covid, took possession of our 8plex, launched the Edmonton InvestHER Chapter, and we were excited for the year ahead.
In February, I flew to Florida for a mastermind, then a family trip to Phoenix. Awesome.
Then things took a bad turn...
russia (which we no longer capitalize) started another horrific genocide of Ukrainian people on Feb 24 resulting in over 12 million refugees, and many lives ended. This hit home for me more than others, and I felt the need to keep others informed. This led to me watching way more news than I usually do, which was depressing.
On the real estate side, life went on...
Then on the Ukraine front...
A flood of refugees to Canada began. Over 700,000 applied for Canadian visas and over 120,000 have arrived so far, and many to affordable Edmonton.
To help my feelings of helplessness over the war, we started hosting Ukrainian families in our home. 5 families for a total of 7 weeks, over the course of 4 months.
It felt good to help parents with young kids get settled, and a relief to welcome our own family to Canada.
It was busy, especially since in the fall we also...
Phew! And now here we are in January 2023.
What is our outlook for 2023?
In Alberta, things are looking good for multifamily owners, as we are expecting rents to really start increasing, finally! There will be opportunities for buyers as well.
Overall, we are looking forward to this year and WISH YOU ALL THE BEST IN 2023 TOO!