Comments on: Only 5% of Greater Toronto’s New Homes Sold Last Month https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/ Canada’s Fastest Growing Real Estate News Source Thu, 28 May 2020 09:47:33 +0000 hourly 1 By: michael https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/#comment-57210 Thu, 28 May 2020 09:47:33 +0000 https://betterdwelling.com/?post_type=bd_property&p=13770#comment-57210 In reply to zalzon.

> or there is going to be an implosion for those whos jobs are reliant on the above.

E.g. All politicians.

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By: Kolf https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/#comment-57209 Thu, 28 May 2020 03:49:13 +0000 https://betterdwelling.com/?post_type=bd_property&p=13770#comment-57209 Humans needs to understand one thing, out in this world with so many unknowns we can only depend on our own logic to sort through and understand this world.

Example: should I treat others as I would like to be treated.
We have two choices, treat everyone nicely or run the risk of some entity exacting the same wrong on you. Or just treat and hurt everyone even given the chance. Well we all know the first choice you will be forever controlled. But for the opposite we can use logic. For example, if that rule applies fairly to everyone than it will work, meaning if someone wronged you with X, that person will also get X in return. That would be a fair system. However all my life I have never seen someone who have wronged me be punished. The only punishment I can depend on is through my own hands. This can only mean two things. One, the entity which controls these things hate you and you will never be treated fairly, i.e people who wronged you get away with no punishment, but when you harm others the same thing will happen to you. This shows the ill intent of the entity towards you and there is really no point of being good to anyone because something with such power that wants to harm you is just doing so to be mean. You should use every opportunity to anger it and oppose it. Therefore enacting the opposite of what it wants.
Second is when there is no entity that controls these things, hence since my life have been so unfair it would be better to spread the pain with others so they get a dose of pain that they caused.

What does all this have to do with real estate? When, everyone who speculated on housing to make it unaffordable for people deserves to be hurt and wiped out this year. Why? Review the above logic, there is clearly no entity to protect fairness hence those who have been wronged by the housing bubble should not feel any pity for those spectators who screwed them out of their dignity.

This is my motto, be a mirror reflect whatever wrong that have been casted upon you back into the world.

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By: zalzon https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/#comment-57204 Thu, 28 May 2020 01:06:51 +0000 https://betterdwelling.com/?post_type=bd_property&p=13770#comment-57204 Half the economy was geared towards pushing overpriced real estate and house flipping with the consequences of default recoursed to the taxpayer.

Moves will be afoot to keep the RE pyramid scheme going by hook or by crook or there is going to be an implosion for those whos jobs are reliant on the above.

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By: James https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/#comment-57201 Wed, 27 May 2020 22:31:42 +0000 https://betterdwelling.com/?post_type=bd_property&p=13770#comment-57201 The market was never going to push like it did 3 years ago.

People can keep dreaming. I’d like to know how many people are going to actually get to make the 20% payment, without the unit being cancelled first.

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By: K Money https://betterdwelling.com/city/toronto/only-5-of-greater-torontos-new-homes-sold-last-month/#comment-57199 Wed, 27 May 2020 22:27:49 +0000 https://betterdwelling.com/?post_type=bd_property&p=13770#comment-57199 Premiums make no sense for new construction in Toronto. You can get built units today that have been barely used for cheaper.

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