Comments on: Lumber Executive Sees Prices Falling, Suggests Waiting May Be A Smart Idea

By: Stephanie Daye

Stephanie Daye — Mon, 14 Jun 2021 19:29:11 +0000

The price is not worth the debt load or an uncertain job track. This is everyone trying to leverage in real estate.. but where is the benefit on the other end? Doesn’t work if it only applies to the uber wealthy and clear non-compliance from the banks. So I sell my house to only eat away at the profits by attempting to buy and flip in this market?! When you invest in stocks, you buy the good ones during the dip.. not when steady gains eat away at your profit margin.
LOL I cannot WAIT to read this book!

By: Rodm

Rodm — Thu, 10 Jun 2021 18:43:53 +0000

Consumer still have the power. Simple supply and demand.

By: Joe B

Joe B — Wed, 09 Jun 2021 19:54:26 +0000

In reply to Doi. Just like housing.

By: Doi

Doi — Wed, 09 Jun 2021 18:09:16 +0000

Retail price rose real fast but will fall real slow

By: D

Wed, 09 Jun 2021 14:05:29 +0000

Average home in Toronto is past $1 million Canadian. Top 10% of Canadian households make over $125,000 cad a year. Assuming they can save half of that income then it will still take 16 years to pay for a Toronto sh*tshack. Obviously longer because I haven’t factored in interest payments.