Toronto housing market just collapsed..

Topic by chir

Chir

Home Forums Money Toronto housing market just collapsed..

This topic contains 14 replies, has 11 voices, and was last updated by Hollowtips  hollowtips 2 years, 5 months ago.

Viewing 15 posts - 1 through 15 (of 15 total)
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  • #557012
    +6
    Chir
    chir
    Participant

    Trillions in housing worth wiped right the frig out. If you own property in Toronto, the housing prices just fell off a cliff.

    As I said a few months ago, keep an eyeball on housing markets in Canada.
    /forums/topic/largest-canadian-mortgage-lender-has-its-t~~~-up-moment/
    When the lenders go t~~~ up and all the Chinese investors dry up the market will dry up.
    Canary in the coal mine has tweeted its last.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #557019
    +2
    MGTOW_Mike
    MGTOW_Mike
    Participant
    6253

    Speaking about housing, take a look at what is happening here in Australia, Sydney:

    http://www.dailytelegraph.com.au/news/nsw/the-residents-of-tent-city-share-their-story-how-they-ended-up-living-on-the-streets/news-story/2a4294c5f3cb7f3e57bf2694faa68325

    It’s f~~~ing tent city!!!!!!

    A tranquil mind is neither happy nor sad, it is uninfluenced by external conditions.

    #557022
    +5
    Chir
    chir
    Participant

    Notice that 99% of the interviewed were men.

    This is what the pressures of western life can do to men. It can break them and unlike women there are scant few places for them to turn to.

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #557023
    Autolite
    Autolite
    Participant

    The recent price drop came as the number of homes sold fell 40.4 per cent in July compared to the same month last year, TREB said. The number of detached home sales fell 47.4 per cent during the month, while sales of semi-detached houses fell 38.6 per cent, townhouse sales dropped 36.5 per cent and condo sales slid 30.7 per cent.

    https://beta.theglobeandmail.com/real-estate/toronto/toronto-home-prices-fall-new-listings-slide-as-sellers-move-to-sidelines/article35870812/?ref=http://www.theglobeandmail.com&

    #557027
    +5

    Anonymous
    42

    I have house close to Cuntada not one bite 1/2 the over assessed price!
    We’re thinking about demolishing it and making a video ” The American dream turned nightmare”.

    The plus? The tax collector and assessor that hounded us and destroyed the marketability gets a hand full of ashes and a big F~~~ YOU!

    Town of West Brookfield? The beautiful town of Waste Crookfield? They can F~~~ THEMSELVES TOO! CRIME DOES NOT PAY!

    The Federal Government and their capital gains tax?
    You guessed it, THEY CAN GO F~~~ THEMSELVES TOO!

    This is Americha, burning one family and one house at a time while giving the women padded comfort that will soon be an iron-madden to which there’s no escape!

    Mine and my brother’s home here in B.C.F.C. are also tax delinquent as a zoning CEASE AND DESIST order has been issued on them.

    $750,000.00 worth in real estate thrown in the F~~~ING GARBAGE!

    WHERE IT BELONGS!

    F~~~ AMERICA, it’s DEAD!

    If I purchased gold and didn’t do all the hard work I’d be a millionaire, no doubt.

    Don’t believe the lies, the West is FALLING.

    Thank your nearest grandma feminist still praising women, and RUN FOR YOUR F~~~ING LIFE! ATTACH YOURSELF TO NOTHING OF OLD WESTERN VALUES IN THIS NEW FEMINAZI SOCIETY!

    I have my rice and beans and buying more!

    #557041
    +3
    Bstoff
    bstoff
    Participant
    4863

    If it’s 99% men getting burned in this fire, doesn’t that mean that all of those men are about to become single again when their leaches realize the gravy train ride is over?
    That only means more men will wake up and become MGTOW.
    Welcome aboard, future divorce rape victims!

    #557044
    +2
    Eek
    Eek
    Participant
    1162

    So it looks like everyone wants to cash out, but the number of buyers aren’t there willing to pay at current prices. 2008 all over again.

    On the other hand our industrious Toronto brothers should be on the lookout for good deals when the prices hit bottom.

    #557046
    +4

    Anonymous
    42

    #557050
    +5
    Chir
    chir
    Participant

    Yup. I was fortunate that my grandfather and father both drilled into me: “Buy with cash. If you don’t have enough cash, wait until you do.”

    It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

    #557059
    +3

    Anonymous
    42

    On the other hand our industrious Toronto brothers should be on the lookout for good deals when the prices hit bottom.

    Toronto is the epicenter of feminist law making insanity that eats private property and property rights like a downpour eats cotton candy!

    Toronto’s the new Sweden!

    I would GTFO while I still can! Their housing courts eat men alive!

    They’ll have YOU supplying the RENT FREE housing because you’re a property owner!

    The cost of dealing with a socialized form of government can be seen in its deteriorating private property value as the relentless plunder grows and continues by the molesting hands of government operating under a molested form of law and order.

    We didn’t have these troubles when men ruled the western world!

    Every matriarchal (communist/socialist safety basket one-size fits all) society in history DISMALLY FAILED!

    #557125
    +1

    Anonymous
    6

    Time to buy!!!

    #557166
    +1
    Point Of No Return
    Point Of No Return
    Participant
    4074

    F~~~ NORTH AMERICA, yes that means you too Mexico!
    S~~~ system! Some days I hope for SHTF on a MEGA scale!

    Know when it is your duty to give them zero explanations for your actions.

    #557225
    +2
    Stealth
    Stealth
    Participant
    5330

    It had to happen. Toronto real estate escalated out of control just a few years ago. Prices multiplied by ten, due to a seasonal but severe housing sales market shortage, and it was just a matter of time before it evened back out to market equilibrium. Glad to see things are going back closer to normal.

    "Once you’ve taken care of the basics, there’s very little in this world for which your life is worth deferring." -David Hansson. "It’s not when women are mean or nasty that anything is out of the ordinary. It’s when they are NICE to you that you have to be on high alert..." -Jackinov.

    #557454
    +1
    Princekie
    Princekie
    Participant
    1042

    Lemming mentality + buying at market peak + listening & believing the hype + buying into a credit bubble= loose your shirt. And sometimes your home. And sometimes your ho.

    #560460
    Hollowtips
    hollowtips
    Participant
    681

    My only regret is that I’m 23 and don’t have the dough to be able to buy these soon to be cheap ass houses, perhaps I’ll be financially ready for the next collapse.

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