People think they "deserve" a certain number of square feet, and granite countertops, in a certain area of town. It's weird.
People think they "deserve" a certain number of square feet, and granite countertops, in a certain area of town. It's weird.
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3000sqft? You live in the carriage house with the help?This quote is hidden because you are ignoring this member. Show Quote
Calgary is just starting to pick up again. Im speaking globally. Look at vancouver/hk/toronto? Average piece of shit place in these cities costs millions lol.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by beyond_ban
Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.
Bungalow... walkout, living tall is for the poorsThis quote is hidden because you are ignoring this member. Show Quote
Can confirmThis quote is hidden because you are ignoring this member. Show Quote
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Sounds like you aren’t in the market for those places then.This quote is hidden because you are ignoring this member. Show Quote
I was looking at beach houses in Malibu the other day. Outrageous prices. So unaffordable.
Or maybe I’m just not the target buyer? Nahhh must be the evil monetary rat bastards keeping me down.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Lol kThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by beyond_ban
Yo Kanye, ima let you finish, but 50 Cent had the best concert cancellation of all time.
Im cash flow negative on a few units at this point, but my thought process is this - it would cost me say 100k over 18-20 years out of my own pocket, to have 700-800k in assets. Maybe its a stupid way of looking at things, but its just diversifying my investments.This quote is hidden because you are ignoring this member. Show Quote
Now if I could go back and never buy them would I do that? God damn right I wouldn't
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Just rented out my one condo which is definitely on the more expensive end of the $/sqft but has a huge balcony. Took me 30 showings to find someone. Half of the idiots never looked at the floorplan or pictures and when they got there realized is was nothing like what they wanted.This quote is hidden because you are ignoring this member. Show Quote
Problem is I still need to live somewhere, so then I'm on the other side having to murder potential buyers.This quote is hidden because you are ignoring this member. Show Quote
This. It's not really weird though. People want to feel rich. There's a ridiculous number of mini-Mcmansions on the newer outer edges of the city. Combine that with the degenerate "investing" tendencies/lack of financial literacy of the unwashed masses along with nearly free cost of borrowing and you get prices bid up very quickly.This quote is hidden because you are ignoring this member. Show Quote
The big houses only belong in Mount Royal.This quote is hidden because you are ignoring this member. Show Quote
You mean MontrealThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Having RE prices linked to easily bribed port officials is a way more stable way to maintain prices than linking it to O>his quote is hidden because you are ignoring this member. Show Quote
Stability is very important.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
I'm just saying that high RE prices are bad for the citizenry, not good.This quote is hidden because you are ignoring this member. Show Quote
Are things slowing a bit?
Detached Sales in March were 1,866 houses. April is 432 so far ... prorated that is on pace for ~1,650 this month which is less than last.
Detached new listings in March were 2,612 houses. April so far is 719 so far .... prorated that is on pace for 2,700 a slight increase
Though days on market has dropped to 22 days from 29 in March so maybe good deals are moving fast but more people are getting greedy and asking too high?
Rent. Then buy in two years.This quote is hidden because you are ignoring this member. Show Quote
At peak bubble.This quote is hidden because you are ignoring this member. Show Quote
I dont get lucky often but with my houses its been great. I bought my first 2 houses pre boom which i still own/rent, bought my last house in 09 after the crash, bought my new house last year mid covid and then i wasnt sure what to do with the house i lived in because the market was so shitty so i carried it and did some renos. Hoping to list within a week so im hoping i get some of this bidding war, its only worth 500 so it should be in the ideal price range i hope.
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Sounds about right lol I think this was the same guy that popped in the acreage thread saying he was triggered because i was saying 2 acres wasnt as big as you'd thinkThis quote is hidden because you are ignoring this member. Show Quote
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Spoiled Canadians with their lot sizes and million dollar shitholes. They should take a page out of Asia’s book!This quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote