Comments on: Canadian Real Estate Sales and Prices Plummet, Experts Warn It’s Just Getting Started

By: Tariq

Tariq — Sun, 22 May 2022 15:17:48 +0000

In reply to dave.

I want to understand the reason you think home owners are cheaters!!
Because they planned, organized their lives, controlled their spendings, worked hard to build a portfolio??
Its very clear who was a loser and who is a loser to celebrate other loses vs focusing on building their own worth

By: Misa

Misa — Fri, 20 May 2022 14:44:18 +0000

In reply to Joe Fast. And what about millions of Canadians that couldn't afford to buy a home due to this madness and greed we had over the last two years? All those investors, speculators, multiple property owners and everyone else getting loaded because of the crazy house price book, I bet you none of them gave a shit about the Canadians who can't afford to own a home due to their greed. Therefore his comment is not immature, it's not bad neither, I agree with him 100%, he is spot on.

By: Misa

Misa — Fri, 20 May 2022 12:46:07 +0000

In reply to dave. I'm with you Dave, I hope it crashes and burns, we can celebrate, beer is on me 🍻😂

By: Nomadic Samuel

Nomadic Samuel — Thu, 19 May 2022 18:45:40 +0000

This is a much needed correction. It could be a housing bear market that will be studied well into the future IMO.

By: Simon Black

Simon Black — Thu, 19 May 2022 08:31:43 +0000

1980 scarboro house detached 1650 sq ft or so $69,900 link underground
1988. 202,000
2002 did not really move still around the 250k area
2015 495k
2021 house sold for 1.2 mill
Stock mkt higher then years ago same with salaries
It always goes up based on history you just have to ride out the storm from time to time. Looks like it’s raining now with a tornado on its way. Once the storm is over sunshine will prevail and prices will move up as always or at least hold their value.
Rent prices are the real scary thing. As a person and a country one should never be happy about someone’s else loss.
Ps area Finch and McCowan Scarboro

By: Joe Fast

Joe Fast — Thu, 19 May 2022 08:09:14 +0000

Just like everything these days everyone over reacts. If rents stay high house prices cannot fall much. Also most countries in the world have debt high interest rates will destroy those countries. Inflation is because of lack of goods not because we are over spending. Companies are greedy and know they can charge more even tho their costs are not higher using COVID to get away with it. We should check the record profits of the gas companies for proof

By: Joe Fast

Joe Fast — Thu, 19 May 2022 08:03:44 +0000

In reply to dave. That is a very immature comment. One should never be happy at someone else's loss. Your comment is not one you should be proud of.

By: RB

RB — Tue, 17 May 2022 17:20:28 +0000

Don’t worry Ontario your moron Prime Minister will tell you how he is saving you and you will feel great. Hard to blame the West this time

By: dave

dave — Tue, 17 May 2022 15:41:41 +0000

hahhaha i have been waiting for years for the good news. those FOMO losers can go cry at the bank when they cant make mortgage payments on overextended credit. cheaters will be cheated this time hahaha