Comments on: It Took 22 Years For Prices To Recover From The Last Toronto Real Estate Crash

By: ss

ss — Wed, 24 Mar 2021 05:23:20 +0000

In reply to RE Bear. It has been i guess lol government won't let people go default during COVID.

By: A Surprising Percentage Of Toronto Can Afford Million-Dollar Homes | Updates By James

Sun, 11 Jun 2017 18:53:55 +0000

[…] Any sudden pop in prices will be followed with a proportional downtrend to balance. Sometimes that downtrend is hidden through inflation and devaluation of a currency, so it’s not always visible at first glance. I also believe […]

By: A Surprising Percentage Of Toronto Can Afford Million-Dollar Homes – Today's News

Fri, 09 Jun 2017 20:10:56 +0000

By: Canuck

Canuck — Wed, 29 Mar 2017 21:13:39 +0000

Foreigners still only 5 % of the market?? what a joke more like 70% + the rest are speculators…

” Want to simmer the market in Toronto and now Durham Region? Stop the Asian invasion. My brother is a broker and in whitby, Oshawa and Ajax alone…..of the 48 properties reported sold…for 1 day….39 were sold by Asian brokers. If you ain’t prepared to pay the money you ain’t gonna get out the ride.” Eugene

By: Eugene

Eugene — Wed, 29 Mar 2017 01:37:44 +0000

Why would anyone live in Toronto?

What’s it to you or anyone else asking? It’s not your money so it’s not your choice.

Why did I buy in Toronto! To eliminate the 2.5 hour drive daily. 4 hours in traffic on snow days. Better quality time with my wife and 3 children.

You buy penny stocks you get penny returns. If you can’t afford the big smoke, you can’t afford the risks.

The population growth in Toronto is anticipated to be 100K per annum for the next 5 years. The squish on residential prices has and will.push outside of the GTA. Been on the 407 lately? And it’s expanding.

Prices will simmer and not take a giant dump. Panic , panic, panic.

Want to simmer the market in Toronto and now Durham Region? Stop the Asian invasion. My brother is a broker and in whitby, Oshawa and Ajax alone…..of the 48 properties reported sold…for 1 day….39 were sold by Asian brokers. If you ain’t prepared to pay the money you ain’t gonna get out the ride.

By: Alice

Alice — Tue, 28 Mar 2017 13:33:59 +0000

In reply to Dash. It's true. Calgary, Ottawa, and Montreal all have higher median family incomes, but substantially lower property prices.

By: captain obvious

captain obvious — Tue, 28 Mar 2017 13:09:11 +0000

In reply to Manish Patel. would you happen to be a real estate agent Manish?

By: Dash

Dash — Tue, 28 Mar 2017 03:30:05 +0000

In reply to Manish Patel. Rising costs, sub part income hence low ROI for a salaried man. Why would someone choose Toronto?

By: Manish Patel

Manish Patel — Tue, 28 Mar 2017 03:04:10 +0000

there are ultra low rates, such a huge demans, ultra low inventory & no new houses, huge numbers comes to toronto every year to settle, price will go up. Once demand/buyers will dryout or interest rates will go up, then only, market will stop climbing and may decline/stay same

By: Bay Street Guy

Bay Street Guy — Mon, 27 Mar 2017 19:24:43 +0000

Canadians don’t know the first thing about investing, so if they didn’t invest in real estate their money likely would have been eaten up by inflation anyway. The only effective way to make money in this country is to send it to another one.