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#10464367 - 08/03/23 06:59 PM Re: dat real estate v.2021 [Re: c2k]
Risky Business (he/him) Offline
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I don't think people realize how many people are in financial trouble because of rates. Yes they will be high for the next little while, 12+ months seems pretty certain, but beyond that is anyone's guess.
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#10465268 - 08/06/23 01:27 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
RatZero Offline
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I think rates are going to be a huge thing, and it's just starting. I bought a house, and got them down $270K, I think a lot had to to with timing. It's my speculation that because they bought in spring 2019, that 5 year mortgage renewal is coming up, and would have been a giant leap up for them. We made a cash offer, no conditions, and was able to get a price we are happy with. 2.6 really private acres, 5000 sq feet finished, with 5 garages.
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#10465963 - 08/08/23 12:21 PM Re: dat real estate v.2021 [Re: RatZero]
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central bank are pieces of shit.

our gov is the TP who are also useless fucks.
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#10470198 - 08/18/23 06:37 PM Re: dat real estate v.2021 [Re: Screamin' Type-R]
furball Offline
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https://x.com/condochris/status/1692540630155600158?s=46&t=yvRxcjSrq9J-qBrK0dI17A
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#10470221 - 08/18/23 07:50 PM Re: dat real estate v.2021 [Re: furball]
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I just ran a pivot table for Markham listings over $4M, it's not showing in the data yet anyway.


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#10495065 - 10/13/23 01:23 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
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CBC feature, hard to believe it started with lowballing honda parts on kijiji to lowballing homes.

https://www.cbc.ca/news/business/crea-housing-september-1.6994989

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#10496186 - 10/16/23 01:04 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
titty sprinkles Offline
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congrats on the feature man
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#10496384 - 10/16/23 06:12 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
c2k Moderator Offline
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 Originally Posted By: Risky Business
CBC feature, hard to believe it started with lowballing honda parts on kijiji to lowballing homes.

https://www.cbc.ca/news/business/crea-housing-september-1.6994989


Nice work! But how can I read it? The article is circle black-faced. \:\|

Congratulations. No doubt that your hard work is paying off.
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#10496761 - 10/17/23 02:24 PM Re: dat real estate v.2021 [Re: c2k]
LNXGUY Moderator Offline
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Badass Vas.
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#10496886 - 10/17/23 07:05 PM Re: dat real estate v.2021 [Re: LNXGUY]
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Thanks

Reporter was cool, kept the story fairly unbiased although you can feel they were looking for a narrative in mind, but they kept it professional. I think sometimes shit you see on social media catches traction and then they want to find someone with data to actually vet if it's true. So much trash on social media, it's incredible.

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#10497055 - 10/18/23 08:28 AM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
furball Offline
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Yeah, cool beans Vas.

I was scrolling thru TikTok/Insta, and Ron Butler shit popped up.

For a guy that owns a mortgage business, that guy has a fucking foul mouth

 Originally Posted By: Risky Business
Thanks

Reporter was cool, kept the story fairly unbiased although you can feel they were looking for a narrative in mind, but they kept it professional. I think sometimes shit you see on social media catches traction and then they want to find someone with data to actually vet if it's true. So much trash on social media, it's incredible.


Edited by furball (10/18/23 08:29 AM)

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#10497072 - 10/18/23 09:13 AM Re: dat real estate v.2021 [Re: furball]
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 Originally Posted By: furball
Yeah, cool beans Vas.

I was scrolling thru TikTok/Insta, and Ron Butler shit popped up.

For a guy that owns a mortgage business, that guy has a fucking foul mouth

 Originally Posted By: Risky Business
Thanks

Reporter was cool, kept the story fairly unbiased although you can feel they were looking for a narrative in mind, but they kept it professional. I think sometimes shit you see on social media catches traction and then they want to find someone with data to actually vet if it's true. So much trash on social media, it's incredible.



There is a lot of drama/dirt with Ron so I am not going to comment. He always posts negative things, which is why he has such a big following. Posting negative shit all the time is like 10x more engaging than good quality content.

He is a smart guy, but a constant doom and gloom guy. Rumor is he sold his house years ago to rent because he could time the market, apparently he can't afford to get in now. Play stupid games, win stupid prizes.

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#10506863 - 11/09/23 11:22 AM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
furball Offline
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This landed on my feed.... interesting .... Wondering what group of shady people could try to abuse this?

Community Land Trusts .... https://www.youtube.com/watch?v=h46WVCr4zk0

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#10507654 - 11/12/23 05:05 AM Re: dat real estate v.2021 [Re: furball]
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Good video, wasn't aware of this.
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#10508267 - 11/13/23 01:31 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
furball Offline
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https://www.youtube.com/watch?v=eHk4bkMZKgA

"Toronto Condo investors are panic selling"

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#10508505 - 11/13/23 09:06 PM Re: dat real estate v.2021 [Re: furball]
Simon_the_Pieman Offline
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 Originally Posted By: furball
https://www.youtube.com/watch?v=eHk4bkMZKgA

"Toronto Condo investors are panic selling"


https://www.youtube.com/watch?v=ADZLdWn9TsU
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#10510473 - 11/18/23 10:23 AM Re: dat real estate v.2021 [Re: Simon_the_Pieman]
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 Originally Posted By: Simon_the_Pieman
 Originally Posted By: furball
https://www.youtube.com/watch?v=eHk4bkMZKgA

"Toronto Condo investors are panic selling"


https://www.youtube.com/watch?v=ADZLdWn9TsU


Thanks for the support!

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#10510870 - 11/19/23 11:28 PM Re: dat real estate v.2021 [Re: titty sprinkles]
87ZCSi Offline
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 Originally Posted By: titty sprinkles
congrats on the feature man

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#10512829 - 11/27/23 07:38 AM Re: dat real estate v.2021 [Re: 87ZCSi]
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https://www.cbc.ca/news/politics/canada-mortgage-renewal-freeland-1.7040513

lol...dumb bitch
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#10512844 - 11/27/23 09:04 AM Re: dat real estate v.2021 [Re: Screamin' Type-R]
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Her face really irritates me, imagine being a leader and talking while saying absolutely nothing. She has perfected it. "finance" minister, what a circus.
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#10516192 - 12/02/23 09:32 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
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https://www.reddit.com/r/Canada_sub/comments/189bkeg/pierre_poilievres_minidocumentary_housing_hell/

oh the irony...........
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#10517040 - 12/05/23 04:19 AM Re: dat real estate v.2021 [Re: Screamin' Type-R]
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JT is a piece of work, but nothing breats Chrystia Freeland.

This reporter committed career suicide most likely, but it's the first time I've seen someone call her out on her bullshit. What a cockroach.

https://www.youtube.com/watch?v=-QBjoZuh214

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#10518278 - 12/07/23 02:11 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
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Yup
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#10518468 - 12/07/23 05:46 PM Re: dat real estate v.2021 [Re: Screamin' Type-R]
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Market getting rocked right now with the price declines (area dependent), Markham, a lot of Toronto holding strong, but some good deals. Condos getting smashed.

Good news, fixed rates are going down, buyers are starting to get off the sidelines.

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#10537832 - 01/29/24 01:48 PM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
Senor Eduardo_82 Offline
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Has the market started to turn a corner? The small segments of the GTA I keep an eye on have all been stagnant for months, suddenly in the last two weeks things are being listed and sold (conditionally) within days. List prices were mostly in line with last year's numbers.
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#10537874 - 01/29/24 03:01 PM Re: dat real estate v.2021 [Re: Senor Eduardo_82]
Simon_the_Pieman Offline
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 Originally Posted By: Senor Eduardo_82
Has the market started to turn a corner? The small segments of the GTA I keep an eye on have all been stagnant for months, suddenly in the last two weeks things are being listed and sold (conditionally) within days. List prices were mostly in line with last year's numbers.


https://www.youtube.com/watch?v=Hl5PLKr-Zcc
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#10537977 - 01/29/24 05:43 PM Re: dat real estate v.2021 [Re: Senor Eduardo_82]
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 Originally Posted By: Senor Eduardo_82
Has the market started to turn a corner? The small segments of the GTA I keep an eye on have all been stagnant for months, suddenly in the last two weeks things are being listed and sold (conditionally) within days. List prices were mostly in line with last year's numbers.


There is a semi in Mississauga with an offer night tonight that currently has 85 offers.

The market is definitely picking up, but it's seasonal and not abnormal, feels abnormal because of how shitty it has been for almost a year.

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#10540702 - 02/06/24 11:43 AM Re: dat real estate v.2021 [Re: Risky Business (he/him)]
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*insert "you don't say meme here"...*

https://www.reddit.com/r/canada/comments/1akd6er/fake_chinese_income_mortgages_fuel_toronto_real/
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#10541025 - 02/06/24 07:41 PM Re: dat real estate v.2021 [Re: Screamin' Type-R]
furball Offline
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https://www.thebureau.news/p/fake-chinese-income-mortgages-fuel

Original source article.

Screenshot of some of the evidence submitted:
Warning, Spoiler:


Edited by furball (02/08/24 05:38 AM)

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#10541095 - 02/07/24 07:43 AM Re: dat real estate v.2021 [Re: furball]
Simon_the_Pieman Offline
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thats a good read!
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#10541098 - 02/07/24 07:56 AM Re: dat real estate v.2021 [Re: Simon_the_Pieman]
Big Tasty Offline
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Toronto ramping up on home sales: https://www.youtube.com/watch?v=iMYrgK0G8SI
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#10541286 - 02/07/24 03:26 PM Re: dat real estate v.2021 [Re: Big Tasty]
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"soaring" lol
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#10541469 - 02/08/24 05:36 AM Re: dat real estate v.2021 [Re: Simon_the_Pieman]
furball Offline
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Registered: 09/24/03
Posts: 9530
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Diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, diaspora, WOULD YOU STFU with diaspora....

 Originally Posted By: Simon_the_Pieman
thats a good read!


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#10542280 - 02/09/24 10:31 AM Re: dat real estate v.2021 [Re: furball]
RatZero Offline
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Things did pick up after Christmas, we got ours conditionally sold Jan 2 after not much going on for 3 months. So looking forward to not carrying 2 sets of bills.
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#10552995 - 03/07/24 02:37 PM Re: dat real estate v.2021 [Re: RatZero]
Big Tasty Offline
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Umm, how did they even do this?

https://cache-e12.housesigma.com/file/pix-treb/E8093628/9636f_11.jpg?22f60ecf

https://cache-e13.housesigma.com/file/pix-treb/E8093628/9636f_12.jpg?22f60ecf

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