Comments on: Global Real Estate Prices Are Synchronizing & Creating A Real Estate Supercycle… That’s Bad

By: daniel b

daniel b — Wed, 05 Sep 2018 14:15:34 +0000

Man, that hypersupply is a real bummer…

https://tradingeconomics.com/canada/housing-starts

I’m open to narratives about the overvaluation of the market, it would just seem prudent to address the major gap between the thesis of the article (good times -> oversupply -> crash) and the actual supply numbers.

I’ll leave all you hyper-rationalists to mock the cucks who’ve been bamboozled by the MSM into believing in the housing market.

By: Peter

Peter — Sun, 03 Jun 2018 00:40:15 +0000

IT was a going run most people made money

By: RM

RM — Sat, 02 Jun 2018 12:59:02 +0000

In reply to Andrew. Well said.

By: RM

RM — Sat, 02 Jun 2018 12:57:03 +0000

In reply to Sammy. Given our household debt levels it's safe to say that didn't happen. The voice for the common man shtick. Nice one.

By: Tommy

Tommy — Sat, 02 Jun 2018 00:27:39 +0000

In reply to Sammy. Lol Sammy always trolling.

By: @xelan_gta

@xelan_gta — Fri, 01 Jun 2018 20:34:34 +0000

also keep in mind that every 100k discount you were able to get on the house turns into 500k (not adjusted for inflation) 25 year later if invested gradually in stocks under your RRSP at 8%.

By: @xelan_gta

@xelan_gta — Fri, 01 Jun 2018 20:20:30 +0000

In reply to Jo.

Most of the times market will go back up, sometimes it wont, there is no 100% guarantee.
It’s thought decision and it’s always a gamble.
I would say if you have a lot of debts (including mortgage), little equity, bought a house recently and it’s not your dream house in a dream area – you may want to start analyzing this market very carefully.
You should make your own decision here.
Market in GTA in GV is at least 30-50% overvalued, that’s the fact. Take a piece of paper and write down all risks and headwinds for RE market in the nearest future. On the other site write down all tailwinds which may help prices to grow further.
This web site and other resources explain those risk/tailwinds very well.
As soon as you have a clear picture it will be easier for you to make decision just from Risk/Reward perspective.

By: Andrew

Andrew — Fri, 01 Jun 2018 19:08:19 +0000

In reply to Bluetheimpala.

So like “more so ethnic acceptance, migration, integration, cultural acceptance, generally not being an asshole to people who don’t look/act just like you” are real issues, but then “with their hamster trans rights and #metoo distractions” those are snowflake issues?

I’ll repeat.

“generally not being an asshole to people who don’t act just like you” “hamster trans rights”

Stick to RE Blue, you’re good at RE.

By: Jo

Jo — Fri, 01 Jun 2018 18:37:19 +0000

Should we all be selling our houses then? Would it be better to rent now? I guess if you have one house and can hold on to it for 30 years (i.e. till retirement), you should be fine since the market will eventually go back up…

By: Andrew

Andrew — Fri, 01 Jun 2018 18:34:23 +0000

In reply to Zhang. Each time I see "Harper this!" or "Trudeau that!" I sob, because as Canadians I don't know how we got so tricked into blaming each other for the actions of an incompetent, corrupt few. We are more like each other than we are like these politicians, in spite of what they would have us believe.