Calgary real estate prospects

[Twin_Cam_Turbo]

I don’t think anything in this world other than new found unexpected wealth would convince me to ever go back to condo fees.

[msommers]

[Tik-Tok]

Only $600g for this beaut.




https://www.realtor.ca/real-estate/2...ry-charleswood

[suntan]

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So...neurodivergent/autistic and anger issues. What is your deal? I mean obviously someone who loves starting online beef with strangers so guess that answers my own question.

How many fucking times can people explain to you how money works?

[killramos]

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Easy. A highly liquid market is a good market.

[msommers]

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Only $600g for this beaut.




https://www.realtor.ca/real-estate/2...ry-charleswood

The fuck. Did squatters live there while photos were being taken?

[jabjab]

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The fuck. Did squatters live there while photos were being taken?

Didn't even spell Charleswood right in the description...

[arcticcat522]

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Condo fees at my old place went from $225 in 2013 to $580 in 2023 for 900 sq.ft. No concierge, no security, no elevator, included underground parking/heat/water/sewage/trash.

Insurance has skyrocketed over the last few years though.

Would be interesting to see what costs are per sq.ft with similar amenities.

I have a 680 Sq ft (ish) 2 bedroom with the same amenities, (we have non monitored security cameras) and the fee is $636

[Power_Of_Rotary]

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Rotary is kindof a one trick pony

damn thats mean

[Power_Of_Rotary]

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I have a 680 Sq ft (ish) 2 bedroom with the same amenities, (we have non monitored security cameras) and the fee is $636

How is this sustainable for condo owners? It will only keep going up along with interest rates and the negative cash flow is going to get worse for investors.

[gwill]

It's not sustainable for condo owners. The inflation and cost over runs for condo owners suck. The carbon tax is a massive hit for condo boards. A few dollars a GJ x 20,000 gj becomes a big hit. Sky rocketing insurance continues to affect boards.

Don't forget every contractor who looks at a condo board as a money printer.

One of my condos got to the point insurance companies didn't want to insure it. Our property manager had to use the covid emergency as some back handed way to prevent the insurers from walking away.

Eventually the companies that stepped up had a 35% increase to the previous year.

[Power_Of_Rotary]

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It's not sustainable for condo owners. The inflation and cost over runs for condo owners suck. The carbon tax is a massive hit for condo boards. A few dollars a GJ x 20,000 gj becomes a big hit. Sky rocketing insurance continues to affect boards.

Don't forget every contractor who looks at a condo board as a money printer.

One of my condos got to the point insurance companies didn't want to insure it. Our property manager had to use the covid emergency as some back handed way to prevent the insurers from walking away.

Eventually the companies that stepped up had a 35% increase to the previous year.

The ROI on Condos is so damn ridiculous. A 350k condo: 600-800 condo fee with a rental income of 1500? Thats netting 700 to 900 a month. That is 2-3% ROI at best?

[Manhattan]

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How many fucking times can people explain to you how money works?

Your simpleton money supply explanation just solved the feds and worlds inflation problem you useless piece of shit. All your posts on this form are dumb political Trudeau bashing rants in the wind. Fuck off loser.

I'm an idiotic for even engaging. Jesus

[bjstare]

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Your simpleton money supply explanation just solved the feds and worlds inflation problem you useless piece of shit. All your posts on this form are dumb political Trudeau bashing rants in the wind. Fuck off loser.

I'm an idiotic for even engaging. Jesus

Well, you’re definitely an idiotic.

[dirtsniffer]

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I say this as someone that grew up in Canyon Meadows:

Hahahah... and... Gross.

https://www.realtor.ca/real-estate/2...canyon-meadows

A million dollar bilevel in canyon meadows.. not sure I'd see the day

[Manhattan]

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Well, you’re definitely an idiotic.

Sweet burn. What horse do you have in this race that you'd just want to jump in? Suntan has made it abundantly clear he's an autist and me calling him one clearly touched a nerve. I just get freezing low IQ vibes from you...but you get a pass cuz you're young and we're all pretty dumb in our youth. Just leave it alone dude.

[ThePenIsMightier]

Night shift arrives avec le spice.

[Buster]

What's the dispute here. I can settle it.

[Manhattan]

People love the drama lol. But seriously I'm done with beyond. Been here on & off for almost 20 yrs. Met a few very nice peeps and I found it helpful at times for some local crowdsourcing but lately (past couple yrs) its been a very small group of folks in an echo chamber. This particular thread being a shining example of what goes on. 279 pages of shitting on each other over Calgary real estate...

[ThePenIsMightier]

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People love the drama lol. But seriously I'm done with beyond. Been here on & off for almost 20 yrs. Met a few very nice peeps and I found it helpful at times for some local crowdsourcing but lately (past couple yrs) its been a very small group of folks in an echo chamber. This particular thread being a shining example of what goes on. 279 pages of shitting on each other over Calgary real estate...

I don't see how commenting on fugly houses selling sight-unseen with no conditions for over asking price is an echo chamber. It's mildly interesting and an alarming trend that impacts homeowners, renters, sellers and buyers.

But if you do go, make sure you still comeback from time to time even though you said you were done and NegRep the boss about something completely arbitrary. That's the true powerplay.