Apologies on the typos.

That’s highly unlikely. There are downward pressure from several fronts. Buyers Gridlock, Buyers Strike/Change in Sentiment, tighter lending standards, significant ghost inventory that seems to be starting to come to market (This alone could crater prices. Without the price rises, these are significant liabilities, stressors, and time consuming pains. So in a normal to falling market how long will the sellers choice to lose money every month and ensure the stress. I’m being betting not many and the clock started ticking on this in the spring. Without a significant upward trend by end of September, it will be very clear to these sellers and their buyers.) I have also been wondering if there has already been a Minsky Moment in sections of the markets. Who wants to admit to potentially being the last greatest fool or paying irrational historic highs. It’s not a good look and it’s not good for your portfolio. They also figured out that it doesn’t really work out so well if you become a buyer after selling. All that glorious profit is lost in the but side! I’m also wondering if those purchasers that are left are giving more thought to the eventual rise of interest rates and their repercussions and the impacts and risks associated with the rising inflation. As the 🍒 on the top, the significant price escalations of the last year were due to temporary and extraordinary causes. On everything besides RE we expect prices to revert to mean once the pressure is off. Why wouldn’t that happen here as well. That alone could change the sentiment so cause a change in Sentiment and cause a greater correction. Lastly, demand was heavily pulled forward several years by purchasers coming really to market due to FOMO and more interest rates. They are no longer available creating a imbalance of buyers and sellers. All while significant inventory is expected to come to market and changing the dynamics to the opposite of last year. Few buyers (including ones that refused the craziness) but lots of sellers. Add it all up and there should at least be a correction, if not a crash once things really get going. 2 seem to be coming towards the end of the denial and wait and see. The only way for the status quo to be maintained is with irrational thought and conduct. We seem to be running out of that runway too.

Spying on location and data. BB was kicked out for being too secure.

Lucky for bb, they had 37 billion in profits to retool for IOT. Just wait, they are going to be huge again.

Only way to deflate the bubble is high interest rates.

What was the incentive for blackberry to close out their own unique OS in favour of using android? A lot of Canadian business owners and the shareholders of major Canadian companies share in the blame. Greed is going to kill this country.

Or only put our houses on the market if it’s going to be worth our while.

My sister put her house on the market while it was hot. It sold in days and for more than she hoped. We’re getting our house ready. We’ll see what prices are like late February. If it’s worth our while, we’ll list. If we’re going to leave the Toronto property market, it’s not going to be in the middle of a lull.

We can wait. We’ve got time.

agreed.

the overly generous ‘personal residence’ tax exemption is a perfect example.

Hahahah.. what’s wrong with cats???!!

Thanks to Governments that incentivize NonProductive investment like Real Estate speculation.