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Let's say in this hypothetical situation you get to work and live in any of these fine municipalities, regardless of which one you choose your close friends/families are the exact same distance from you. Assume house prices/type of house are the same across the board. Wildcard: As a fifth choice you can pick Maple townhouse with train tracks in the backyard, cemetery in the front. Where do you choose to live and why? Leaning towards Scarborough, but wonder what others have to say. Scarborough = 1 Brampton = 1 Oshawa = 0 Barrie = 1 (default for LNXGUY so I don't have to do it later) Maple CN rail townhouse = Denis Si |
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Manitoba |
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Originally Posted By: eddie_82 Brampton Thank you for your vote. |
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I don't have to do anything! |
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What is the significance of Scarborough being on the list? Not sure why Scarborough is frowned upon so much Are you referring to specific parts of Scarborough? Some areas are really nice with great houses, neighborhoods and schools. Not too mention very expensive. Hands down my vote is for Scarborough. |
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The same could be said about Brampton/Barrie/Oshawa (all have nice pockets) |
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fuck it, put me in oshawa. Im wearing my bass pro shop along w/ my santa shirt at work today. |
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Fuck Oshawa property tax. Scarborough would get my vote. Biggest mistake when moving east was not spending more time exploring Scarborough as an option. |
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Scarb by a mile...obviously would aim for the 'nicer' parts. |
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+1 for Scarborough. Easier access to Chinese food... |
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Brampton, but on the border of Woodbridge |
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I think making this statement - "Assume house prices/type of house are the same across the board." messes it up BUUUUUTTT Having lived in Brampton, eh pick another Its crowded, very crowded. Traffic everywhere. Rain or snow and insta accidents. Having moved to a bit south of barrie, I would (and already did :D) choose Barrie. |
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Originally Posted By: porschetr Brampton, but on the border of Woodbridge thats like the worst part of Brampton, well maybe not the worst but jeez. Thats just mcmansion row |
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nicer part of scarbz fam |
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Originally Posted By: zc911 Originally Posted By: porschetr Brampton, but on the border of Woodbridge thats like the worst part of Brampton, well maybe not the worst but jeez. Thats just mcmansion row Old Brampton is way better. |
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Originally Posted By: eddie_82 Originally Posted By: zc911 Originally Posted By: porschetr Brampton, but on the border of Woodbridge thats like the worst part of Brampton, well maybe not the worst but jeez. Thats just mcmansion row Old Brampton is way better. WAYYYY better There are some nice pockets, but in the 7 years I lived there it just became too crowded, the traffic is just nuts, almost all the time |
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Scarb killing it. |
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old brampton: |
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Originally Posted By: titty sprinkles old brampton: ^ yep, at least it's civilized. "new" Brampton, you step out of your house you gotta deal with this shit. |
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Scarb, closest to the core and it's where i'm at. |
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Brampton. In this hood : https://www.google.ca/maps/@43.6477876,-79.8088805,17.74z?hl=en Preferably one of those that backs onto the credit river. |
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Huttonville and Churchville are both great places. |
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Lionhead is a pretty nice golf club too. |
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street too straight. do not want. |
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Scarborough. I'm always looking for freeholds in Scarborough as investment properties. Or even Pickering. |
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scarbs, closest to downtown |
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scarborough for me. |
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Scarborough . Port union south of 401 pls |
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Originally Posted By: Denis Si Scarborough . Port union south of 401 pls my real estate agent lives exactly there. nice little area. |
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Scarborough. Use to live there and liked it. Never had a problem and its convenient enough. That said I would move into one of the nicer pockets by the bluffs. It's just too bad most of the area surrounding there is so sketch. |
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Scarborough by a landslide for me. Barrie and Oshawa are way too far out. Brampton is nice in some areas but the location of Scarborough is much better. |
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Since my life revolves around biking I choose Barrie. Closest to all the best spots in Ontario. |
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Scarborough in the Bluffs...if that's not an option, up the stream not across the river (aka, slit my wrist) |
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Woodbine/Lumsden or is that Toronto? |
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Originally Posted By: titty sprinkles street too straight. do not want. Look closer at Huttonville Dr. NOT STRAIGHT! |
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well in that case..... scarbs. |
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Where is the brown station wagon option? Barrie by a long shot. #archiebunker |
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Originally Posted By: Simon_the_Pieman Originally Posted By: Denis Si Scarborough . Port union south of 401 pls my real estate agent lives exactly there. nice little area. That's where my wife grew up. Agreed. It's nice there. Her parents retired to Port Perry though, which is great if you don't have to commute. |
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Originally Posted By: SW20_MR2 Scarborough by a landslide for me. Barrie and Oshawa are way too far out. Brampton is nice in some areas but the location of Scarborough is much better. Brief thread derail, but did I meet you once at Brock Rd. and Bayly and I bought a Momo Monte Carlo 350 mm steering wheel from you? I can't remember who that was, but it was someone from here. (yes, that was random) |
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Fuck Scarlem and Brampton - traffic is horrible in and out of those shit holes. There ain't much in Oshawa for me. This Chink will pick Barrie by process of elimination for the following reasons: - at least its closer to the bigger ski slopes and can pop on over on a weekday evening for a few runs (and stay the F away on weekends so the other folks can have at it). - bigger chances of finding houses that have more space between neighbours - if I need to go back to fobby areas - can still worm my way down Newmarket and make my way back to RH at a reasonable pace (I try to avoid Markham in general as well). |
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Originally Posted By: xza8 Woodbine/Lumsden or is that Toronto? That's the armpit of east York (well one of them). I went to D.A. Morrison junior high there where someone stabbed the VP lol 13 year old thugs doe. We used to be on lockdown almost monthly because people would bring weapons and/or steal cars and crash them into the school. This school was only grades 7,8,9 |
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Originally Posted By: Risky Business Originally Posted By: xza8 Woodbine/Lumsden or is that Toronto? That's the armpit of east York (well one of them). +1 |
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As far as Scarbs, the port union area is alright, so are the bluffs. Personally I would opt for the Kingston Road area, Fallingbrook in particular. |
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Here is the article from the stabbing LOLOLOLOLOL, my first school experience in Canada Quote: A school principal was stabbed in the back after breaking up a fight at an east-end Toronto junior high school yesterday and a 14-year-old student was charged with aggravated assault. Heather DeGraaf was listed in stable condition last night at Sunnybrook hospital with a 10-centimetre stab wound to her back, police said. Ms. DeGraaf broke up a fight between two female students at D.A. Morrison Junior High School, on Gledhill Ave., then got into an argument with one of them. Investigators said she was then stabbed from behind with what they believe was a letter opener. Police said that Ms. DeGraaf's wound did not appear to be life-threatening. "Ms. DeGraaf is going to be all right," said Peter Paulseth, a vice-principal at the school. Students were in tears as they watched their principal being taken away on a stretcher. Yesterday's stabbing was the second at the school in six months. Last November, a 14-year-old boy was arrested after a 12-year-old girl was attacked inside the girl's washroom. |
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Originally Posted By: Risky Business Scarborough = 1 Brampton = 1 Oshawa = 0 Barrie = 1 (default for LNXGUY so I don't have to do it later) Maple CN rail townhouse = Denis Si Update? |
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Manitoba |
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Originally Posted By: Risky Business Манитоба Thank you for your reply. |
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Originally Posted By: hyper-s2k This Chink will pick Barrie by process of elimination for the following reasons: - at least its closer to the bigger ski slopes and can pop on over on a weekday evening for a few runs (and stay the F away on weekends so the other folks can have at it). This part I agree with. |
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I think it really depends on where you are in life. Hard choice Never Brampton, lived in Scarborough in my younger years. Live in Oshawa now, but I also would travel to Barrie for a good 6-8 years of my life. Maple hahaha. Probably nicer Scarborough/Oshawa |
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Quite possible. I was selling parts for a while there, and my cousins shop was put that way years ago. Brief thread derail, but did I meet you once at Brock Rd. and Bayly and I bought a Momo Monte Carlo 350 mm steering wheel from you? I can't remember who that was, but it was someone from here. (yes, that was random) [/quote] |
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Winnipeg is not bad. My uncle runs a small mom/pop shop in Winterpeg. I took my little cousins to Harry Rosen and the sales guys instantly recognizes the family. When we go out to eat, the various restaurant owners treat us with amazing respect/service. It's nice to be an important person in the community. |
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winnipeg isn't THAT bad, in summer it's great...but winter....holy fucking cold. that being said i've been up to Thompson, MB a few times in mid-late Jan...and yeah, that's not a place you really wanna be lol. |
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Originally Posted By: SW20_MR2 Quite possible. I was selling parts for a while there, and my cousins shop was put that way years ago. Brief thread derail, but did I meet you once at Brock Rd. and Bayly and I bought a Momo Monte Carlo 350 mm steering wheel from you? I can't remember who that was, but it was someone from here. (yes, that was random) haha! Yes! Then that was you for sure. The wheel is still on the NX2000 BTW. Good deal. $205. Years ago, but I still remember. |
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Winnipeg is the last place I'd wanna live. Fucking crime rate is out of control. |
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How is everyone hating on Barrie so much!? You really need to come up here. Prices for housing are way cheaper (for now), we have the water, you're an hour to anything to you need in Toronto, an hour to anything you need in the North... Even if I had the choice to leave, I'd probably still end up back here. |
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Beside being an hour away from the airport or D/T Toronto, Barrie isn't a bad place to live. |
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image is fitting for brampton. |
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I don't think anyone is hating on Barrie. For me, it's about lifestyle and convenience. I don't want to be an hour away from the city. I already don't like driving as is, so to go farther out makes no sense. Being Asian, I have no reason to go north of Barrie. Lol. Some things in life are worth sacrificing, and for me, paying more for a house (or taking less house for the same money) in a good location are well worth it. Originally Posted By: ehko How is everyone hating on Barrie so much!? You really need to come up here. Prices for housing are way cheaper (for now), we have the water, you're an hour to anything to you need in Toronto, an hour to anything you need in the North... Even if I had the choice to leave, I'd probably still end up back here. |
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Originally Posted By: Denis Si Scarborough . Port union south of 401 pls Yep, lived down there as a kid... great area. |
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Originally Posted By: hyper-s2k Fuck Scarlem and Brampton - traffic is horrible in and out of those shit holes. There ain't much in Oshawa for me. I'd pick scarb over oshawa any day. Traffic isn't anywhere near as bad. The 401 past rouge is shit during "work hours", and it's ALWAYS shit from whitby - oshawa. |
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Originally Posted By: Risky Business As far as Scarbs, the port union area is alright, so are the bluffs. Personally I would opt for the Kingston Road area, Fallingbrook in particular. Get the fuck out, Fallingbrook doesn't count. lol (I mean, yes.. I know it does.. but I lived on Willow.. a jump over, and I'd still call the whole area T.O) |
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Originally Posted By: SW20_MR2 Being Asian, I have no reason to go north of Barrie. Obviously hasn't gone North of Barrie for a while. Nothing but Asians at: - Blue mountain - Algonquin park - Any camping ground |
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guuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuyyyssssssssss, i am disappoint! all you csi ballers and this house is still for sale!? WTF?! https://www.realtor.ca/Residential/Singl...ges-Lake-Wilcox |
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No included Ferrari the garage, gonna pass. |
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Yesterday was my first official day in Brampton. In Milton I would walk the dog and leave the door unlocked. Went to walk the dog last night and instinctively did the same, but after 5 steps decided to go back and lock the door lol. |
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Originally Posted By: jesguerra Yesterday was my first official day in Brampton. In Milton I would walk the dog and leave the door unlocked. Went to walk the dog last night and instinctively did the same, but after 5 steps decided to go back and lock the door lol. Was it already to late? How much stuff did they take? |
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WTF...k market has official gone full retard...thanks asian L E L http://www.remax.ca/on/richmond-hill-real-estate/na-1-holly-dr-1234567-prty/ this place not very far away just sold this week for $1,075,000 - 15yr old townhome hypers2k dude you must be laughing if you sell I'm 2 seconds away from listing, packing up wife/kids and moving to Montreal...beauty home, awesome city and have a nice chunk of change in the bank |
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My cousins street (north side of Elgin) has a townhouse listed for $1,080,000. That's listed!!! It will sell above as it's been through a recent reno LMAO!!! |
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wow everyone here is a millionaire, wow real estate investor proficiency omg. |
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Originally Posted By: Risky Business wow everyone here is a millionaire, wow real estate investor proficiency omg. |
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Damn screamin, your boy is getting so big! |
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Originally Posted By: Risky Business wow everyone here is a millionaire, wow real estate investor proficiency omg. It's a home not an investment, unless one keeps buying and flipping I suppose. |
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It's funny when existing home owners think they've done so well in real estate, like they are super savvy bay street types and shit. "oh we bought in 20xx, in (insert place here) for x, and now it's worth 2x" Like why? I'd be more interested to know of anyone who bought 5 years ago that hasn't seen their place double (does that even exist in the GTA?). Every area has doubled, every detached home is a mil + in an decent area. No one is a special snowflake. |
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Originally Posted By: eddie_82 Damn screamin, your boy is getting so big! |
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Originally Posted By: Screamin DC2R WTF...k market has official gone full retard...thanks asian L E L http://www.remax.ca/on/richmond-hill-real-estate/na-1-holly-dr-1234567-prty/ this place not very far away just sold this week for $1,075,000 - 15yr old townhome hypers2k dude you must be laughing if you sell I'm 2 seconds away from listing, packing up wife/kids and moving to Montreal...beauty home, awesome city and have a nice chunk of change in the bank Neighbour across the street (Persian, not ChinaR -- 4 bedroom, listed sq. footage is 3000+ [mine is just under 2100] ) listed for $1,888,888. (LOL - I guess he's targeting a ChinaR buyer). Sold in 1 week (had only 1 weekend open house). If I can even get $1.3M for mine - that means I got way more than double in < 10 years. |
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Yeah but then where are you going to go? $1,888,888 is cheap no? I saw houses listed at major mac and markham Rd listed just under $2m. |
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Originally Posted By: hyper-s2k I got way more than double in < 10 years. So has like 99% of the population |
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Originally Posted By: Hatorade Yeah but then where are you going to go? $1,888,888 is cheap no? I saw houses listed at major mac and markham Rd listed just under $2m. pretty much $1.3 isn't gonna get you much (in a desirable area)...maybe a fixer upper. |
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Originally Posted By: Risky Business Originally Posted By: eddie_82 Damn screamin, your boy is getting so big! HAHA |
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Originally Posted By: Risky Business Originally Posted By: xza8 Woodbine/Lumsden or is that Toronto? That's the armpit of east York (well one of them). I went to D.A. Morrison junior high there where someone stabbed the VP lol 13 year old thugs doe. We used to be on lockdown almost monthly because people would bring weapons and/or steal cars and crash them into the school. This school was only grades 7,8,9 DA has gone French immersion and area is picking up with the new boujee. $1.379M each https://www.realtor.ca/Residential/Singl...oodbine-Lumsden https://www.realtor.ca/Residential/Singl...oodbine-Lumsden |
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I am interested to see how the area turns out from a social experiment POV, imo it will remain a depressed place because of all the ghetto apartments (Lumsden/Secord/Barrington/Eastdale/etc). |
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The gentrification is happening at a steady pace, even seen houses on Eastdale going for close or over a mil. A few years ago they had a community meeting with talks about putting condos smack in the middle of the apartments (secord/eastdale area), not sure what came of it but shows you people are taking interest in the area. In time I think the poorer groups will get pushed out of the area with redevelopment. Just on the other side of Woodbine, both Earl Beatty and St. Brigids have/will go french immersion too. |
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For sure it's changing, I actually didn't know about the French immersion. Location wise, it's a great area, subway and go train, dvp not too far, walkable, beaches, taylor creek park. Definitely has a lot going for it. Prices have crept up big time too, not sure if it commands the premium, but the market decides that. I've been looking at various properties, and even though I am most comfortable with the east end, I just don't see it changing as fast as the areas I am focusing on in the west end that are similar (ghettoish up and coming). We will see. |
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Scarbs. 401 and TTC accessible. |
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Unless you're flipping (Like Risky said) you really aren't anymore ahead if you still have to buy another house in the same market. I keep thinking I'll get rid of this place soon, but then I realize we'll have to stay in the same area (schools for the kids) and will pay an inflated price for a shittier house. I think we're going to stay put until it's time to custom build a forever home. |
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Yup, a lot of things going for that area. If I could have the house I wanted at a decent price then we would have stayed but my wants just didn't fit with the area. Just past the 1 year mark (yesterday) in our home in Scarb and happy we made the move. |
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Just paper millionaires |
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Originally Posted By: Choco 'Nuck Just paper millionaires /didn't take his nuke pills today |
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Originally Posted By: Hatorade Yeah but then where are you going to go? $1,888,888 is cheap no? I saw houses listed at major mac and markham Rd listed just under $2m. won't be moving until the last kid is near the tail end of high school. by then, hoping to move further north - just away from people in general. i understand that it's all about the delta in prices when up-sizing in close proximity to current location - even though i know the prices are still running away, but the increase is even more than expected (at least for my area) -- haven't checked realtor.ca in a while. it's damn near impossible to entire the real estate market now unless you enter into the ghetto. |
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brb moving to maynooth ontario. |
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Originally Posted By: Risky Business Originally Posted By: Hatorade Yeah but then where are you going to go? $1,888,888 is cheap no? I saw houses listed at major mac and markham Rd listed just under $2m. pretty much $1.3 isn't gonna get you much (in a desirable area)...maybe a fixer upper. <---- triggered. The anger of this stupid market continues to build. |
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Just buy already. You'd have been up so much if you had bought 5 years ago when you sold the condo.... /get-your-stalking-on |
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Originally Posted By: Choco 'Nuck Just buy already. You'd have been up so much if you had bought 5 years ago when you sold the condo.... /get-your-stalking-on nice, troll 'em while they are down. Monday morning quarterback thoughts. |
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No point in buying now the math doesn't make sense at this point. You can rent for 25 years at these prices and come out way ahead. Regular people can't afford it already hence the low inventory because they can't afford the next move unless they go to Timbuktu. Could I buy one of these homes if I go in aggressive an overpay ? Sure but I'll be working for my home for no reason for that point. What regular people can afford a 1.3 million dollar home (regular being the average family). Pretty much nobody unless you're utilizing a home sale that is part of the bubble/game. There are fewer of those right now. I should have bought a few years ago but didn't so here we are. My job level and income has changed in that time so the houses I was looking at changed. Now it seems going backwards due to the rediculous game known as the Ontario housing market haha (oh and add the tons of taxes being implemented on the regular public). Yet we are a tax haven for foreign investment and mortgage rules and cmhc are getting higher and tougher - that has zero impact on the people driving this market and just makes it harder on the regular family. It's got to correct at some point - hell, people are now looking to Hamilton just because of its affordability and even there is going up stupid amounts because of it. It's one of the few places "regular people" can still afford. |
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regular as in what? A condo downtown is 500, and regular people are buying those. If you are upgrading to a 1.3 mill house from that, it seems plausible. Risky bought his place for over 500k IIRC, and he could easily sell it now for 1.2, and move to a 1.8888mil place. Obivously he won't because he's in a white enclave. My point is the housing market has different price points for different people. everybody gets a turn |
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If you really believe myself or Risky are positioned in the regular bucket for jobs and income you're crazy man. Think about the family that pulls in 75k all in - that's the average. Downtown condo in the heart of the city expensive? I get that. Imagine they are 22-28 and are buying their first home after renting? How does it work. For every 1 dollar of disposable income made we are sitting around 1.65 of debt. The USA market was 1.29 before their crash (give or take a couple of cents as I'm pulling this from the top of my head) That's a problem. If you don't see the puzzle pieces in front of you regardless of who buys what I don't know what to tell you. I'm not worried for me I can buy one of those condos tomorrow but overall for the market and for the bulk of the public this going to be (already is) a big problem. Most people that own now that are normal people are in house debt up to their eyeballs - what if the economy takes a bigger fall and they lose a job for 1-3 months? Default on mortgage? What if the rate goes up 2-3%? Default? Most regular people are lucky if they hit 6 figures - in this market it doesn't afford you much of a detached home. It's a real problem for Canada and Ontario as a whole. The tax the implemented in BC made housing slow down almost immediately - that's a very real indicator there is a problem and we just accelerated the one here with it by not doing the same. |
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See told you - triggered. In another time I should be rolling around in a new 911 as a toy car but here it allows me to buy a normal house lol wtf. Yes yes first world problems but it's still bullshiet |
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Forget 991 they suck :p I have nothing of value to add to this thread except that I'm glad we bought 4 years ago. If we were to buy today would probably have to look at keswick lol |
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Originally Posted By: Choco 'Nuck regular as in what? A condo downtown is 500, and regular people are buying those. If you are upgrading to a 1.3 mill house from that, it seems plausible. Risky bought his place for over 500k IIRC, and he could easily sell it now for 1.2, and move to a 1.8888mil place. Obivously he won't because he's in a white enclave. My point is the housing market has different price points for different people. everybody gets a turn I'd love to see you buy a house in this market when you were in your early 30's, so much advice, so far removed from reality that I am actually starting to get concerned. If that was the case you'd be neighbours with The Postman and commuting to downtown from Binbrook with Via rail followed by Go train. |
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We aren't talking about this market though, you bought five years ago, and you weren't even 30 yet. Jeff could have bought/sold and upgraded too and he'd probably be in the house hes looking at now. Like I've been telling Euphoric, you can't out-save this market. Average detached home in Toronto went up 11.8%/yr. You aren't out-saving that rate of appreciation. I get it, family pulling in less than 100k is renting, or living in binbrook. Thats not what the Toronto housing market is about at this stage. Jeff is taking an earnings to debt ratio for all of Canada and applying it to the Toronto market. Look at the ups and downs of the historical market Anway, you could always come out east and get some free potassium iodide pills like the rest of us who can't afford that M postal code |
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l el Your entire argument revolves around the assumption that 5 years ago, 3 years ago, 1 year ago we all knew as FACT that the market would only keep growing at double digits. If we all knew this I am sure we would've purchased homes in a completely different manner. I'd buy as much home in the most desirable area and just swim in debt knowing I'd cash out big time...NO ONE KNEW the market is going to continue to be so stupid hence why some waited (sucks, but they had legitimate reason to), others bought and got lucky, etc, etc. I mean I can sit here and dwell when my buddy and I were this >.< close to buying a place in forest hill from our buddy's grandparents at the time (2014) for 1.3M. We got cold fee because we were both stretching ourselves thin so after inspection/financing all done we backed out. They sold the house on the market then, now it just resold for $2.3M. Could've made $1m in 2 years....BUT I DIDN'T HAVE YOUR CRYSTAL BALL!!! Since maybe 2014 we passed the equilibrium when it even makes sense to buy (unless of course we assume we continue at this trajectory). Doesn't make sense, let alone now in 2017 if you don't have another inflated property you are selling to move to something else you are fucked. |
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Originally Posted By: Risky Business l el Your entire argument revolves around the assumption that 5 years ago, 3 years ago, 1 year ago we all knew as FACT that the market would only keep growing at double digits. If we all knew this I am sure we would've purchased homes in a completely different manner. I'd buy as much home in the most desirable area and just swim in debt knowing I'd cash out big time...NO ONE KNEW the market is going to continue to be so stupid hence why some waited (sucks, but they had legitimate reason to), others bought and got lucky, etc, etc. I mean I can sit here and dwell when my buddy and I were this >.< close to buying a place in forest hill from our buddy's grandparents at the time (2014) for 1.3M. We got cold fee because we were both stretching ourselves thin so after inspection/financing all done we backed out. They sold the house on the market then, now it just resold for $2.3M. Could've made $1m in 2 years....BUT I DIDN'T HAVE YOUR CRYSTAL BALL!!! Since maybe 2014 we passed the equilibrium when it even makes sense to buy (unless of course we assume we continue at this trajectory). Doesn't make sense, let alone now in 2017 if you don't have another inflated property you are selling to move to something else you are fucked. Chance favours the prepared mind.... You didn't need a crystal ball. You buy the house you could afford, knowing you were in it for the long haul. If it appreciated, then great. Otherwise, it just becomes woulda, shoulda, coulda, but didn't.. |
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I feel like a lot of this conversation is with the assumption that one's income is static - especially comments like "If I can even get $1.3M for mine - that means I got way more than double in < 10 years". Given that we are likely all from the same/similar generation, 10 years worth of career life should not yield a static income. So assuming one's home has greatly increased in value over the years (same as every other home), you still have the opportunity to upgrade. PLUS, I would sure as hell hope that in 10 years, one's mortgage is damn near paid off. So actually, the answer is "yes". If you bought 10, 5 or even 3 years ago....you can flip the home and buy something better. Presuming one's finances/mortgage has been managed appropriately. This should not be a problem for any home owner with a semi succesful career. For first time buyers or those with more/less static incomes, yes, this is a super crappy situation doe. Also @Choco - I get free iodide pills too. I had ordered some XD (M postal code) |
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On the flip side not all careers provide increased value, it comes with more stress, outside of people's abilities. We all have a ceiling, mental or whatever where it's not worth it. What about losing your job or becoming irrelevant in the market place? You have to hedge both sides of the coin. I also don't agree that anyone that bought 5-10 years ago is close to paying off their mortgage, even if it's only like 250k when they started. People aren't wired like that, I guarantee 90%+ have paid off half tops. Also on the upgrading, unless you have horse shoes stuck up your ass (I am looking at you 4age) I think it's probably one of the worst things one can do in terms of wealth erosion. Imo you buy a house once ideally and you stay in it. Flipping/moving/upgrading is a loss leader...but I am sure someone who hasn't done the math will argue otherwise |
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I won't deny that timing and luck has been a factor...but in the 2 homes i've lived in to date, flipping/moving/upgrading has WON ME HUGE. Horseshoe up the ass indeed! And as for careers, certainly, everyone has their own comfort level and ceiling, but please don't tell me that a serious career person worth their weight has been making the same money today as 10 years ago. Losing jobs is always a factor. But then there's savings too to support these sorts of things, as well as insurance etc. No, none of those are perfect solutions for an imperfect situation, but it'll hold for an X duration of time. Or one can be too scared, do nothing and live in a condo, or rent and not buy...and sit there and complain about the market and not get in on it until..........it's time to go to a retirement home XD XD XD |
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Biggest difference is you upgraded homes on value, so you and others like you win. Most upgrade on stupid shit like size - losing proposition. |
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Originally Posted By: Risky Business Biggest difference is you upgraded homes on value, so you and others like you win. Most upgrade on stupid shit like size - losing proposition. if people do not consider homes an investment, then yes, i see that being a problem in those types of scenarios. buuuuuuut i would hope that anyone spending half a mil on something that they have to pay for 20+ years A FRICKIN INVESTMENT. And if yes, then consider all factors. A house is not a car. It is not something one pays off in 5 years and can dick around in. Anyway, to answer your original question, I'd pick Scarborough. If I let my cycling brain pick, I'd pick Brampton. Closest to velodrome XD XD XD |
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IMO, house prices is somewhat meaningless at this point.. what I really want to know is what % of the price is being put on a mortgage. To me, thats a better indication of market health. |
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Originally Posted By: phoenixrage IMO, house prices is somewhat meaningless at this point.. what I really want to know is what % of the price is being put on a mortgage. To me, thats a better indication of market health. It's foreign money. So it's like 0% on mortgage XD XD XD |
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Originally Posted By: Hatorade Originally Posted By: Risky Business wow everyone here is a millionaire, wow real estate investor proficiency omg. It's a home not an investment, unless one keeps buying and flipping I suppose. For a lot of people it's their nest egg for retirement. |
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^ well they are fucked then lol |
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Originally Posted By: Risky Business ^ well they are fucked then lol so are people who expect to live off rrsp alone. and in reality, many ppl barely have savings for retirement as is. what do you suggest, great cfo of accounting things? buy 911s? XD |
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Originally Posted By: Choco 'Nuck No included radioactivity, gonna pass. Fixed! |
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Not foreign money driving Toronto housing market, its not Vancouver http://www.moneysense.ca/spend/real-estate/foreign-buyers-arent-driving-toronto-real-estate-treb/ You all may still get your wish for a cooling market http://www.bnn.ca/cooling-measures-increasingly-likely-for-toronto-housing-market-rbc-1.658570 |
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Originally Posted By: Risky Business ^ well they are fucked then lol Not sure about that. I think Toronto might experience a correction at some point but anyone below 50 will probably regain all their value lost during that correction before they retire. In the states homeowners have already made up their losses from the 2008 crash. A few things to consider about Toronto: 1- Asians bailing on Vancouver are coming over here. Don't trust the TREB data, they're lying about the 5%! It's way more than that! 2- Americans ditching Trump will be looking at Toronto 3- Petrol price crash is bringing back lots of people to Toronto from out west. 4- The green belt has created an artificial bourgeoisie. People inside the Belt are pretty much protected from any housing crash outside of the belt. This is because land inside the belt is the most desirable. I'm pretty sure there will be a correction. But it's not going to be as bad for Toronto as people might think. Some value will be lost, and the baby boomers will take the brunt of the correction, but younger generations will be fine. Well... unless you're indebted to your eyeballs and can barely make house payments already. |
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I don't agree with points 2-4, but 1 is valid imo. I think they are skirting around defining "foreign" buyer, hence why no definition. If Chiense come and make sizeable donation for landed immigrant status, but don't live here, they are not foreigners technically speaking, so they are excluded from the stat, but they are the root of the "foreign" problem. At least that's my speculation. |
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Where I live it's about 50% chinese. And some units aren't occupied but we know they're "foreign" owned. I constantly get mostly Chinese realtors knocking on my door with buyers ready to pay a lot more than market value. And this is just for what's called an "executive townhouse". So I'd say that #1 is pretty accurate! Way more Chinese, or foreigners in general, buyers than the TREB thinks. Remember that BC was saying the foreign buyers only made up 4% of the market. But soon as the foreigner buyer's tax was introduced, sales dropped 25%. Hmmmm..... |
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Originally Posted By: Choco 'Nuck Chance favours the prepared mind.... You didn't need a crystal ball. You buy the house you could afford, knowing you were in it for the long haul. If it appreciated, then great. Otherwise, it just becomes woulda, shoulda, coulda, but didn't.. Really? Prepared mind? |
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Originally Posted By: 4age I won't deny that timing and luck has been a factor...but in the 2 homes i've lived in to date, flipping/moving/upgrading has WON ME HUGE. Horseshoe up the ass indeed! And as for careers, certainly, everyone has their own comfort level and ceiling, but please don't tell me that a serious career person worth their weight has been making the same money today as 10 years ago. Losing jobs is always a factor. But then there's savings too to support these sorts of things, as well as insurance etc. No, none of those are perfect solutions for an imperfect situation, but it'll hold for an X duration of time. Or one can be too scared, do nothing and live in a condo, or rent and not buy...and sit there and complain about the market and not get in on it until..........it's time to go to a retirement home XD XD XD You must be old because 10 years ago I wasn't too far out of HS. Even if a person was out of college most have school dept to pay off. To assume that a person would be able to get into the market right away even with all this knowledge they would be at the very start of their career if everything lines up perfectly. Typical CSI response lol |
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Originally Posted By: Risky Business Biggest difference is you upgraded homes on value, so you and others like you win. Most upgrade on stupid shit like size - losing proposition. This can't be stated loud enough |
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Originally Posted By: Wildout Originally Posted By: 4age I won't deny that timing and luck has been a factor...but in the 2 homes i've lived in to date, flipping/moving/upgrading has WON ME HUGE. Horseshoe up the ass indeed! And as for careers, certainly, everyone has their own comfort level and ceiling, but please don't tell me that a serious career person worth their weight has been making the same money today as 10 years ago. Losing jobs is always a factor. But then there's savings too to support these sorts of things, as well as insurance etc. No, none of those are perfect solutions for an imperfect situation, but it'll hold for an X duration of time. Or one can be too scared, do nothing and live in a condo, or rent and not buy...and sit there and complain about the market and not get in on it until..........it's time to go to a retirement home XD XD XD You must be old because 10 years ago I wasn't too far out of HS. Even if a person was out of college most have school dept to pay off. To assume that a person would be able to get into the market right away even with all this knowledge they would be at the very start of their career if everything lines up perfectly. Typical CSI response lol FWIW i was born in '84 Bought first home about 5 years after graduation. Back then, this was all reasonable. Certainly, someone fresh out of school now is SUPER SCREWED. But assuming we are all in and around the 30s, I don't see how this is a typical CSI response. My personal network (specifically folks in a similar age) also fit the same bill. |
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Agree with this. It's not the non-residents that are the problem. It's the rich people that are coming into the country that are the problem. These people are probably not considered "foreign" buyers. Originally Posted By: Risky Business I think they are skirting around defining "foreign" buyer, hence why no definition. If Chiense come and make sizeable donation for landed immigrant status, but don't live here, they are not foreigners technically speaking, so they are excluded from the stat, but they are the root of the "foreign" problem. At least that's my speculation. |
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Originally Posted By: 4age Originally Posted By: Wildout Originally Posted By: 4age I won't deny that timing and luck has been a factor...but in the 2 homes i've lived in to date, flipping/moving/upgrading has WON ME HUGE. Horseshoe up the ass indeed! And as for careers, certainly, everyone has their own comfort level and ceiling, but please don't tell me that a serious career person worth their weight has been making the same money today as 10 years ago. Losing jobs is always a factor. But then there's savings too to support these sorts of things, as well as insurance etc. No, none of those are perfect solutions for an imperfect situation, but it'll hold for an X duration of time. Or one can be too scared, do nothing and live in a condo, or rent and not buy...and sit there and complain about the market and not get in on it until..........it's time to go to a retirement home XD XD XD You must be old because 10 years ago I wasn't too far out of HS. Even if a person was out of college most have school dept to pay off. To assume that a person would be able to get into the market right away even with all this knowledge they would be at the very start of their career if everything lines up perfectly. Typical CSI response lol FWIW i was born in '84 Bought first home about 5 years after graduation. Back then, this was all reasonable. Certainly, someone fresh out of school now is SUPER SCREWED. But assuming we are all in and around the 30s, I don't see how this is a typical CSI response. My personal network (specifically folks in a similar age) also fit the same bill. Now I know you're full of shit. Most born in 84 are nowhere near close to paying off their mortgage. Most haven't even made a dent in their school debt. Buying a home is one thing saying that the majority are even remotely close to having it paid off especially those that have had zero help from parents in either school debt or house makes me think you're living in a dream world. Certainly not most of GTA, nevermind Toronto. |
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^ yep |
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Originally Posted By: Wildout Originally Posted By: 4age Originally Posted By: Wildout Originally Posted By: 4age I won't deny that timing and luck has been a factor...but in the 2 homes i've lived in to date, flipping/moving/upgrading has WON ME HUGE. Horseshoe up the ass indeed! And as for careers, certainly, everyone has their own comfort level and ceiling, but please don't tell me that a serious career person worth their weight has been making the same money today as 10 years ago. Losing jobs is always a factor. But then there's savings too to support these sorts of things, as well as insurance etc. No, none of those are perfect solutions for an imperfect situation, but it'll hold for an X duration of time. Or one can be too scared, do nothing and live in a condo, or rent and not buy...and sit there and complain about the market and not get in on it until..........it's time to go to a retirement home XD XD XD You must be old because 10 years ago I wasn't too far out of HS. Even if a person was out of college most have school dept to pay off. To assume that a person would be able to get into the market right away even with all this knowledge they would be at the very start of their career if everything lines up perfectly. Typical CSI response lol FWIW i was born in '84 Bought first home about 5 years after graduation. Back then, this was all reasonable. Certainly, someone fresh out of school now is SUPER SCREWED. But assuming we are all in and around the 30s, I don't see how this is a typical CSI response. My personal network (specifically folks in a similar age) also fit the same bill. Now I know you're full of shit. Most born in 84 are nowhere near close to paying off their mortgage. Most haven't even made a dent in their school debt. Buying a home is one thing saying that the majority are even remotely close to having it paid off especially those that have had zero help from parents in either school debt or house makes me think you're living in a dream world. Certainly not most of GTA, nevermind Toronto. don't misconstrue what i am saying. I mentioned that if someone was a home owner for more than 10 years, i would hope that a large portion of the mortgage has been paid off. If one plays the cards right, this would be the case. |
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I'm curious as to what people define as a "correction". A drop in housing prices of what, 50%? There are many cities around the world, that were not at one time but have now become cities where only the "wealthy" (I use that term loosely) can afford to live. This comes from not only the price of homes, but also the cost of living there. Why don't people think that Toronto, the 3rd or 4th largest city in North America and a hub for so many things, is one of those cities? Why would it not follow the path of London, New York, L.A., Melbourne/Syndey etc)? From one perspective I don't believe that salaries have increased in Toronto as they have for other major cities, but in my opinion (and I don't know anything) I just don't see a major correction, maybe at most 10%. People will move outward and new people will move in (or their money will move in). On a side note, my wife's aunt just sold her 3 bedroom place in Markham for $1.4M or $1.5M to someone from China who bought it for their daughter to live in while she goes to school |
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Good point. When I talk to my colleagues in NY, it's crazy how much some of these guys commute. Our office isn't even in Manhattan. I would say that the average commute from the people that I deal with is 45-60 minutes. There are a number of them that drive 1.5-2.5 hours each way in rush hour. It's not like they live in rural areas either. They live in suburbs located in NJ or CT. Commuting is just a necessity given that they either want to own a home or they want to live in more than a shoebox. Originally Posted By: SuPeR-MaRiO Why don't people think that Toronto, the 3rd or 4th largest city in North America and a hub for so many things, is one of those cities? Why would it not follow the path of London, New York, L.A., Melbourne/Syndey etc)? From one perspective I don't believe that salaries have increased in Toronto as they have for other major cities, but in my opinion (and I don't know anything) I just don't see a major correction, maybe at most 10%. People will move outward and new people will move in (or their money will move in). |
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Originally Posted By: SuPeR-MaRiO I'm curious as to what people define as a "correction". A drop in housing prices of what, 50%? There are many cities around the world, that were not at one time but have now become cities where only the "wealthy" (I use that term loosely) can afford to live. This comes from not only the price of homes, but also the cost of living there. Why don't people think that Toronto, the 3rd or 4th largest city in North America and a hub for so many things, is one of those cities? Why would it not follow the path of London, New York, L.A., Melbourne/Syndey etc)? From one perspective I don't believe that salaries have increased in Toronto as they have for other major cities, but in my opinion (and I don't know anything) I just don't see a major correction, maybe at most 10%. People will move outward and new people will move in (or their money will move in). On a side note, my wife's aunt just sold her 3 bedroom place in Markham for $1.4M or $1.5M to someone from China who bought it for their daughter to live in while she goes to school You kind of answered your question. I am not going to speculate on pullback %, I have no idea. What happens if/when Canada is not that attractive to Chinese/Iranians with money? Unlikely, but possible. But that's not really the concern, what happens if/when China's economy goes to shit and the same people that parked their money here in real estate (which is all it is for them, nothing else) need that money in recession and want to cash out. They are responsible for creating the bubble this fast, it will drop even faster if/when that happens. We can't be oblivious to that. |
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What happens is Jeff finally buys a house! Then we party. |
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He never will. He's been talking about it for years now... |
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I'll just stack my money I guess and maybe rent. Also for those saying there isn't a heavy outside Asian side to this trust me I'm in the open houses and home visits every week. 90-95% of the realtors cards left (when on a private visit) are Asian often without any English even on the card. For open houses it's very rare for me not to be the only non Asian there (like I've said before which is fine if you're going to live here and contribute to the ecosystem) but many are just the agents themselves on the phone. Now I get a kick out of taking a pictures of these situations and sending to my friends with "just hanging around with my investor crew this weekend" |
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They are not foreigners tho, A NEW STUDY SAID SO |
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Haha yes I must have been mistaken |
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Originally Posted By: Hatorade He never will. He's been talking about it for years now... Can you blame him? I wouldn't be comfortable at all buying regardless of my income/downpayment/etc. It's a big gamble and burden to carry right now. |
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What burden? They can probably pay cash for the whole thing by now |
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Originally Posted By: Risky Business Originally Posted By: Hatorade He never will. He's been talking about it for years now... Can you blame him? I wouldn't be comfortable at all buying regardless of my income/downpayment/etc. It's a big gamble and burden to carry right now. Currently no. But what about when he first started looking years ago? We call agree that now isn't the time to buy... or is it since lots of people are still hung up on a market correction. |
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Statements like "Just buy already" would only apply if Jeff had his own place and was selling it to finance the new purchase. This way its all relative whether he buys now or bought 2 years ago. But from what I understand that isn't the case and so I can't blame him for being cautious. I don't think I would be able to go forward under the current circumstances because just like everyone has said, you can't out-save the increase in home prices. |
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Just checked Oakville, there are a lot of decent detached homes for less than a mil maybe I am not looking in the right areas but the market seems "reasonable" unless bidding wars. That to solds thing hasn't been working for ages now. https://www.realtor.ca/Residential/Single-Family/17742807/427-PINEGROVE-Road-OAKVILLE-Ontario-L6K2B6 This one is perfect imo, buy it, live in it, feel out the market for a couple of years while stacking and then tear down and build. https://www.realtor.ca/Residential/Singl...V6-Old-Oakville |
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Use the Chinese site man! |
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Originally Posted By: Risky Business Just checked Oakville, there are a lot of decent detached homes for less than a mil maybe I am not looking in the right areas but the market seems "reasonable" unless bidding wars. That to solds thing hasn't been working for ages now. https://www.realtor.ca/Residential/Single-Family/17742807/427-PINEGROVE-Road-OAKVILLE-Ontario-L6K2B6 This one is perfect imo, buy it, live in it, feel out the market for a couple of years while stacking and then tear down and build. https://www.realtor.ca/Residential/Singl...V6-Old-Oakville There is always something. But I think Jeffos is looking for a home that is like in the show million dollar listing lol |
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Originally Posted By: eddie_82 Use the Chinese site man! Share now! |
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Ya'll need to RFD more often. http://forums.redflagdeals.com/definitive-guide-finding-homes-sold-prices-gta-2032883/ |
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Takes a few days for the sold listings to come up. But at least you can see about 3 months back. |
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Oh wow! Thanks |
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Originally Posted By: Hatorade Originally Posted By: Risky Business Just checked Oakville, there are a lot of decent detached homes for less than a mil maybe I am not looking in the right areas but the market seems "reasonable" unless bidding wars. That to solds thing hasn't been working for ages now. https://www.realtor.ca/Residential/Single-Family/17742807/427-PINEGROVE-Road-OAKVILLE-Ontario-L6K2B6 This one is perfect imo, buy it, live in it, feel out the market for a couple of years while stacking and then tear down and build. https://www.realtor.ca/Residential/Singl...V6-Old-Oakville There is always something. But I think Jeffos is looking for a home that is like in the show million dollar listing lol Yes there is no such thing as getting everything you want for price you want. Gotta compromise and I am not talking about shit like bedrooms or closet space. |
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Originally Posted By: eddie_82 Takes a few days for the sold listings to come up. But at least you can see about 3 months back. You the Ma... never mind lol HOLY FUCK. The TH on my cousins street sold for 1.38m LMFAO. Asking was 1,080,000 What in the fuck is going on. |
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Originally Posted By: Risky Business They are not foreigners tho, A NEW STUDY SAID SO Anecdotal evidence, how does it work |
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Originally Posted By: Wildout Originally Posted By: Risky Business Biggest difference is you upgraded homes on value, so you and others like you win. Most upgrade on stupid shit like size - losing proposition. This can't be stated loud enough I guess I'm missing the point but I don't see how you say this. Outside of the mcmasions, people upgrade based on need. What you need as a single person vs married vs kids will relate to size of house. Long gone are the days where people can buy their first house as their forever house. |
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I absolutely won the lottery because I had to buy a bigger house, lol. |
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Originally Posted By: Big Tasty Originally Posted By: Wildout Originally Posted By: Risky Business Biggest difference is you upgraded homes on value, so you and others like you win. Most upgrade on stupid shit like size - losing proposition. This can't be stated loud enough I guess I'm missing the point but I don't see how you say this. Outside of the mcmasions, people upgrade based on need. What you need as a single person vs married vs kids will relate to size of house. Long gone are the days where people can buy their first house as their forever house. My thought process is simple: Life and needs will always change, family vs. no family, job location, divorce etc. To the layman, every significant life event in the case above would require a move/upgrade/downgrade/etc...and therein lies the issue. Since we are the architects of our own lives we can to a degree plan our future, I am of the belief if you buy something once that checks most of your boxes YOU then suit your life around what you HAVE, rather than do the opposite and let your "life events" dictate your path. If you take regular person real estate progression every 5-10 years: 1st: condo, 2nd: townhouse/semi detached/bungalow 3rd: bigger detached 4th: change neighbourhoods, 5th: downgrade to smaller house 6th: die So you go through 4-5 houses in a lifetime, there are some pretty significant costs aside from realtor fees/lawer fees/taxes that you face, this shit for the most part remains unquantifiable and just goes down a black hole. Staying in the same house for as long as it makes sense is your best option financially. Same logic goes for cars, over the long run the longer you keep the car the cheaper the cost to operate. In real estate people are completely out to lunch when they upgrade and think they are getting ahead yet renew their mortgages for additional 5 or 10 years compared to what they are leaving behind when they refinance for a "new" to them home. I don't know, there is just something lost on our generation that our parents/grandparents did right, which is also why they are/will be better off than us. There wasn't a need to constantly churn cars/homes/material shit, which is why most people are fucking broke peasants. /thots from a peasant |
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Our parents bought what they could afford and made it work. I think we all could take a few lessons from that generation. |
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True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. |
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Originally Posted By: Big Tasty True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. For sure the house I grew up in was a forever home for them. 3 bedroom, 1.5bath big front and back yards, close to schools. I couldn't raise a family in the first house I bought, we'd all drive ourselves fucking crazy in that kind of space, lol. |
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i grew up 6 people in a 3 bedroom town, 2 bathrooms. can it be that it was all so simple then /wutang on another note, before moving to ajax, we put an offer for a house 2 years ago in same hood for asking $600k - long story short didnt get it (thank god cuz i woulda been reaching) same house was bought for i dunno how much but is now for sale again for $730k, who knows what they'll actually get. its nuts out there. i count my blessings i found my 'until i need a condo again' home. |
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Originally Posted By: LNXGUY Originally Posted By: Big Tasty True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. For sure the house I grew up in was a forever home for them. 3 bedroom, 1.5bath big front and back yards, close to schools. I couldn't raise a family in the first house I bought, we'd all drive ourselves fucking crazy in that kind of space, lol. Yeah, thats right |
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Originally Posted By: Big Tasty True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. Some things back then were easier, others were harder, no point in comparing. Only thing we can look at is the now, and now our behaviour/expectations/"wants & needs" are completely out of touch with reality, but society reinforces that it's "ok" to want and need more and more. WE DESERVE IT! WE WORKED FOR IT! lol |
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Originally Posted By: Risky Business and now our behaviour/expectations/"wants & needs" are completely out of touch with reality, but society reinforces that it's "ok" to want and need more and more. WE DESERVE IT! WE WORKED FOR IT! lol Says the guy who lives in a white enclave hood surrounded by million dollar homes. Yup, he mad that others want the things he has now, but they don't yet have |
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wat? |
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Guys this turned into can Jeff buy a house thread slightly lol. I'm fine I can buy a house tomorrow but the practical and numbers side of me don't like it. Some of you know what I do and can assume the salary that comes with it. I'm alright. Regardless of that my point is speaking on the situation at a whole and how it affects Canada. Also given my first point I'm not the norm or even close to it which is scary. What you get for the money sucks these days and these costs skyrocketing 10 and 20+ percent YOY is not a sustainable or affordable thing for the population. That's a problem. People are paying 5,6,7 and up to 10x salary just for homes. That's nuts without even factoring in our high taxes. I can't even believe there are arguments on these points. However I do understand I complain by far the most about this on the site. |
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That's what happens when you buy into the hype. "Real estate always goes up " ... I get it...you bought in. But at this point owners essentially have mommy brain. I think you're playing things well at the moment. Rent and invest. Enjoy mobility and lack of taxes/maitenence. The same people telling you to buy wouldn't buy if they were in the same position . Previous generations are also some of the worst in terms of needing to "upgrade". No clue where the idea of them being "financially savvy " and content came from. Total bs. Same with this 4age guy. Who the hell are you hanging around ? Other privileged fobs ? So far from reality. |
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Originally Posted By: Risky Business Originally Posted By: Big Tasty True but what they could afford was a real house with costs proportionate to wages with land that could be expanded on if needed. Now you get a box in the sky or house sharing walls on both sides with a 10'x10' spit of land in the back. Some things back then were easier, others were harder, no point in comparing. Only thing we can look at is the now, and now our behaviour/expectations/"wants & needs" are completely out of touch with reality, but society reinforces that it's "ok" to want and need more and more. WE DESERVE IT! WE WORKED FOR IT! lol So back to the stepping stones of moving from 1st, 2nd, 3rd house to get to your forever home with the current costs. Look at 50yrs ago. 10 grand got you a big semi in downtown. http://www.theglobeandmail.com/real-esta...rticle33659502/ Quote: The couple paid $10,000 and assumed a small mortgage to buy the semi-detached Victorian in 1965. Steven Atsaves of Royal LePage Grange Hall Realty listed the house with an asking price of $699,000 and a description of the property as a “renovator’s dream find.” The asking price is low compared with the sale price of other Victorian semis on the street, he says, in recognition of the updates the house is likely to need. He figures the buyers will spend $200,000 or more to renovate. The kitchen and bathroom are rundown and the fixtures are vintage. Radiators provide the heat. He didn’t bother with fresh paint and staging, he says, because new owners will likely gut the interior. “It needs everything,” he says. The first day the property arrived on the market, potential buyers were streaming through. Cowan Avenue has many stately houses that were divided into rooms and apartments in previous decades, but many of the houses have been renovated in recent years as the area has experienced a resurgence. |
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Her "forever home" ended up being a semi...how many people would "settle" for that now? Shouldn't she have moved 56 times by now to get to her "dream home" or "forever home". meanwhile these days, dumb fucks are like: A FUCKING SEMI? UNACCEPTABLE, I DEMAND DETACHED, 3K SQUARE FEET, YARD, PRIVACY, UNICORNS RUNNING THROUGH THE NIGHT, AND NO NUKE PILLS!!! WE DESERVE IT!! I have no issues with moving, but people chasing "forever" and "dream" homes are out to fucking lunch. That shit doesn't exist, anything can be your dream home, just have to accept that society is fucking retarded. |
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East York can still be had for 800-900k 200k down. I'm sure Jeff makes 150k+. EZ PZ |
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Jeff ain't about East York though |
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Originally Posted By: Choco 'Nuck Jeff ain't about East York though Well then time to rent I ain't about ajax but I do enjoy having a "cheap" house |
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Wowzers. |
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Nothing to see here folks, just savvy Canadian real estate investors EVERYWHERE!!!! UNICORN HOUSE PICKERS. Everyone knows how to pick 'em nowadays, everyone SO SMART!!!!!!! |
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Originally Posted By: Risky Business Her "forever home" ended up being a semi...how many people would "settle" for that now? Shouldn't she have moved 56 times by now to get to her "dream home" or "forever home". meanwhile these days, dumb fucks are like: A FUCKING SEMI? UNACCEPTABLE, I DEMAND DETACHED, 3K SQUARE FEET, YARD, PRIVACY, UNICORNS RUNNING THROUGH THE NIGHT, AND NO NUKE PILLS!!! WE DESERVE IT!! I have no issues with moving, but people chasing "forever" and "dream" homes are out to fucking lunch. That shit doesn't exist, anything can be your dream home, just have to accept that society is fucking retarded. bwuaaaahahahaahaha +1 |
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aurora killin it! good job aurora! |
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Originally Posted By: Denis Si Originally Posted By: Choco 'Nuck Jeff ain't about East York though Well then time to rent Get ready for bidding wars! Even renters are having a hard time these days. |
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Lots of new developments in Aurora. Nice to see it's building up, but so north! |
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Yea that listing is for detached homes only and working in Aurora I can tell you the "average" house size here is like 3k sq. ft. easy. Almost all new developments that are selling are well north of 3k sq. ft. and they were recently released so that probably explains why they had such a huge jump. |
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3k sqft is insane. This house is too big for us now, I can't imagine anything bigger. |
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Seriously, I have no idea why anyone needs that...but people pay for it |
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I dunno, but that's one reason why we're going to custom build eventually. Get exactly what we need, make use of the space and not have a giant house that's a bastard to keep clean/tidy. |
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Johnny Depp defines CSI members. http://www.businessinsider.com/how-johnny-depp-spends-his-money-2017-2 /problem? Johnny Depp's former business managers have alleged that the actor is living an extravagant $2 million (£1.5 million) a month lifestyle, complete with 14 houses, 70 guitars, and an enormous appetite for wine. It comes after Depp launched a $25 million lawsuit last month against his business managers, The Mandel Company (TMG), claiming "gross mismanagement" of his affairs. He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for "security and other services," costing him "tens of millions of dollars" and leading to financial trouble, of which he claims to have only become aware of in March of last year. The cross-complaint, filed this week, stated that TMG "did everything within its power over the last 17 years to protect Depp from himself and to keep Depp financially solvent" but that TMG "did not have the power or ability to control Depp’s spending or his numerous other vices, or to force Depp to make wiser financial decisions." The lawsuit lifts the lid, in extraordinary detail, on Depp's alleged "extravagant and extreme" $2 million a month spending habit. We took a look through to discover how the "Pirates of the Caribbean" star splurges his earnings. All of our figures are quoted in the TMG lawsuit, which is available in full here. According to TMG, Depp has spent $75 million to 'acquire, improve, and furnish 14 residences' around the world. YouTube This includes a 45-acre chateau in the south of France, valued at $13.5 million, a chain of islands in the Bahamas, a number of houses in Hollywood and penthouse lofts in downtown Los Angeles. He also has a horse farm in Kentucky. Each house has a full set of staff. He has also spent 'millions' on 45 luxury cars. Wish I could say this was my ride. #1959corvette A 1959 Corvette is just one of his many motors. He spent $18 million on a 150-foot luxury yacht. JK Rowling reportedly bought the yacht off him in 2016. He refuses to fly in anything but a private plane, according to TMG, selecting a Gulfstream GV, costing him $200,000 a month. Depp owns over 70 collectable guitars. He spends $30,000 a month alone on wine 'flown in from all over the world for personal consumption.'He also has 'many pieces of expensive world class jewellery,' which he's often seen wearing. According to TMG, the actor has spent 'many millions on rare and expensive Hollywood collectables' from the likes of Marilyn Monroe and Marlon Brando. He has so many items that he needs 12 storage facilities to house them. This Marilyn Monroe dress, which went on sale at Christie's in 1999, is an example of the kind of memorabilia Depp might own. He spent 'millions' to acquire and maintain an expensive art collection, made up of over 200 collectable pieces from famous artists like Andy Warhol and Jean-Michel Basquiat. Self portrait, 1981 💥 . . #jeanmichelbasquiat #basquiat #americanart #contemporaryart #mudec #milano #selfportrait A photo posted by Paola Taccardi (@taccarda) on Jan 29, 2017 at 5:05am PST on Jan 29, 2017 at 5:05am PST Basquiat's "Self-Portrait" is just one of the pieces he has owned. It was put up for auction at Christie's in 2016 with a realised price of over £3.5 million (over $4.7 million). He has 40 full-time employees around the world, costing him $300,00 a month, including personal security for him and his family every hour of every day. Over the years he has also spent $10 million to support his 'friends, family, and certain employees,' according to TMG. This includes living expenses for his sisters and late mother. He bought his mother a multi-million dollar home in Hollywood, as well as a $35,000 a month residence for her when she was ill. Depp also funded a start-up music label run by a childhood friend. It cost him over $4 million with no revenue before he ultimately cut funding. Perhaps his most peculiar expense is the $3 million he spent to fulfil friend Hunter S. Thompson’s dream of having his ashes "blast from a specially-made cannon" over Aspen, Colarado following his death in 2005. KATHY WILLENS AP/Press Association Images And, if that's not enough, he allegedly has $55,000 still owing on a Visa card. |
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Originally Posted By: Risky Business Seriously, I have no idea why anyone needs that...but people pay for it went from a 2800ish sq ft 4 bedroom house to a 1600 sq ft 3 bedroom house. The bigger house was what we thought we wanted, but in reality you don't need it at all. In our old house we didn't even use all the rooms. We sat in the dinning room like 4 times a year! And it was expensive for any renovations. Now we use all the rooms, and cleanup is a snap! |
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Doing it right ---^ I want a bungalow with a nice walkout basement for my next house. |
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I want a townhouse with a 17-car garage. |
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Originally Posted By: LNXGUY Doing it right ---^ I want a bungalow with a nice walkout basement for my next house. We have a walk out from the basement to a 2 level deck in the back. I like it. The deck just needs refinished or more than likely I will rip it out and rebuild with that fake wood stuff so I never have to treat it/paint it. |
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Originally Posted By: eddie_82 I want a townhouse with a 17-car garage. ehhh working the 17 car garage though haha |
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Yea your place is awesome, so much potential there. First order of business is 17 car garage tho (and a townhouse attached to it for eddie82). |
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Originally Posted By: Polkaroo Same with this 4age guy. Who the hell are you hanging around ? Other privileged fobs ? So far from reality. HAHAHAHAHA triggered |
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Originally Posted By: LNXGUY Our parents bought what they could afford and made it work. I think we all could take a few lessons from that generation. Agreed to a certain degree. Back in my parents' days (say 1990s), a two garages detached house can be bought for $200,000 and the average income was probably in the $30,000-35,000 a year? So that said house was 6 times the salary. In 2017, a two garage detached house is around $1 million, and let's say the average income is $100,000 (don't think it's that high). It is still 10 times the salary. So the buying power is significantly lower and there were probably very little bidding war back in the 90s. |
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Originally Posted By: iamfob Originally Posted By: LNXGUY Our parents bought what they could afford and made it work. I think we all could take a few lessons from that generation. Agreed to a certain degree. Back in my parents' days (say 1990s), a two garages detached house can be bought for $200,000 and the average income was probably in the $30,000-35,000 a year? So that said house was 6 times the salary. In 2017, a two garage detached house is around $1 million, and let's say the average income is $100,000 (don't think it's that high). It is still 10 times the salary. So the buying power is significantly lower and there were probably very little bidding war back in the 90s. Pretty close on the figures. http://www.theglobeandmail.com/real-esta...rticle27126408/ Quote: If houses in Toronto were affordable for middle-class families, they’d cost an average $228,657. The late 1990s were the last time prices were that low in the city. The actual average in September was $627,395, which is a gross undersell because it includes homes in the suburbs around the city. In Toronto proper – the 416 area code, in other words – the average cost of a detached house was around $1-million. Quote: With an average price of $627,395 in the Greater Toronto Area, a household would need income of at least $209,000 or so to be in sync with the guideline of having a price-to-income ratio around three. A recent estimate shows us that the median household income in the city is $76,219. |
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That's because detached houses are no longer for the middle class. Only for the rich foreigners. Middle class people end up in Condos these days... if they're lucky enough. Things have changed a lot. |
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Originally Posted By: Big Tasty Originally Posted By: iamfob Originally Posted By: LNXGUY Our parents bought what they could afford and made it work. I think we all could take a few lessons from that generation. Agreed to a certain degree. Back in my parents' days (say 1990s), a two garages detached house can be bought for $200,000 and the average income was probably in the $30,000-35,000 a year? So that said house was 6 times the salary. In 2017, a two garage detached house is around $1 million, and let's say the average income is $100,000 (don't think it's that high). It is still 10 times the salary. So the buying power is significantly lower and there were probably very little bidding war back in the 90s. Pretty close on the figures. http://www.theglobeandmail.com/real-esta...rticle27126408/ Quote: If houses in Toronto were affordable for middle-class families, they’d cost an average $228,657. The late 1990s were the last time prices were that low in the city. The actual average in September was $627,395, which is a gross undersell because it includes homes in the suburbs around the city. In Toronto proper – the 416 area code, in other words – the average cost of a detached house was around $1-million. Quote: With an average price of $627,395 in the Greater Toronto Area, a household would need income of at least $209,000 or so to be in sync with the guideline of having a price-to-income ratio around three. A recent estimate shows us that the median household income in the city is $76,219. I wouldn't rely on those stats all that much. We know that the average household income of 76k is a very skewed/biased number. The city has grown significantly, we have a ton of immigrants, many not working, many working minimum wage jobs, many not declaring income from cash businesses, etc. The household income of representing the same people that were surveyed in 1990's is very different from this catch all statistic. But on that topic, how many of you here have close family and/or friends that pull in 76k combined? You can probably count them on one hand. |
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https://www.thestar.com/business/2017/02...tate-board.html Good luck saving 140k in one year. Maybe if you are Jeff or Risky... |
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@Euphoric "TREB officials are blaming historically low levels of new listings." :P :P :P |
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^ fob w/ fob buddies |
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Originally Posted By: Risky Business ^ fob w/ fob buddies yes i guess risky can be considered a fob |
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you bring up a good point, actually. |
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Does Jeffo work downtown? https://www.realtor.ca/Residential/Singl...eenwood-Coxwell Can be yours for only 799,999 |
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STUNNING |
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Originally Posted By: Denis Si Does Jeffo work downtown? https://www.realtor.ca/Residential/Singl...eenwood-Coxwell Can be yours for only 799,999 If there is one thing I've learned from this thread if you want troll the fuck out of Jeff start "suggesting" houses he should look at as if he doesn't know what he wants and/or he doesn't go to enough open houses as is Anyone have additional recommendations for Jeff? Jeff how about this for $200k, it's in downtown Maynooth, ON https://www.realtor.ca/Residential/Singl...-Ontario-K0L2S0 |
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Our friends used to live at salem and 401 in ajax. had a 2000 sqft semi. Both worked downtown, so GO and TTC was 1000$ per month for both of them. They said fuck it, and moved to Coxwell and Danforth area. I think bought their house for 849,000. Its not bad at all. Just gotta take it on the chin. |
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Originally Posted By: Risky Business Originally Posted By: Denis Si Does Jeffo work downtown? https://www.realtor.ca/Residential/Singl...eenwood-Coxwell Can be yours for only 799,999 If there is one thing I've learned from this thread if you want troll the fuck out of Jeff start "suggesting" houses he should look at as if he doesn't know what he wants and/or he doesn't go to enough open houses as is Anyone have additional recommendations for Jeff? Jeff how about this for $200k, it's in downtown Maynooth, ON https://www.realtor.ca/Residential/Singl...-Ontario-K0L2S0 |
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Originally Posted By: Denis Si Just gotta take it on the chin. |
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what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck |
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Originally Posted By: markw what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck Jeff, you should look into these. Sounds like a bargain. |
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https://www.realtor.ca/Residential/Singl...4K5M6-Patterson 850,000 in Maple. I'd take downtown |
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Originally Posted By: Denis Si Does Jeffo work downtown? https://www.realtor.ca/Residential/Singl...eenwood-Coxwell Can be yours for only 799,999 unfortunately listing and selling prices are very different things in that area lol |
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Originally Posted By: markw what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck Im so happy we got lucky with our house. We weren't even Phase 1, we were phase 2 and still got a deal. I was talking to a neighbor across who is Phase 1. He said 3200 house was going for 540,000$ |
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Originally Posted By: Risky Business Originally Posted By: markw what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck Jeff, you should look into these. Sounds like a bargain. It's actually retarded. That's only phase one, too. Nice area, nice homes.. but still.. it's fucking Whitby. (and don't get me started on Whitby property taxes) |
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Originally Posted By: Denis Si Originally Posted By: markw what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck Im so happy we got lucky with our house. We weren't even Phase 1, we were phase 2 and still got a deal. I was talking to a neighbor across who is Phase 1. He said 3200 house was going for 540,000$ Fucking word. We paid $280 7 years ago... neighbour just sold the exact same house for 630. lol |
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Originally Posted By: markw Originally Posted By: Risky Business Originally Posted By: markw what blows my mind is the Mattamy homes going up in whitby... 1400sqft for 760, phaseI. IN WHITBY. tha fuck Jeff, you should look into these. Sounds like a bargain. It's actually retarded. That's only phase one, too. Nice area, nice homes.. but still.. it's fucking Whitby. (and don't get me started on Whitby property taxes) hahaha LOVE DURHAM TAXES |
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Can't beat that view. https://www.realtor.ca/Residential/Singl...1E1R3-Guildwood Or you can say I built that. https://www.realtor.ca/Residential/Singl...M2X4-Cliffcrest |
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It sucks im gonna have to give up my nice house in order to move to Markham/Rhill for better hood/schools Having a 2 car garage is da bomb |
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Originally Posted By: Big Tasty Can't beat that view. https://www.realtor.ca/Residential/Singl...1E1R3-Guildwood Or you can say I built that. https://www.realtor.ca/Residential/Singl...M2X4-Cliffcrest DAMN! that's goddamn nice |
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Originally Posted By: Big Tasty Can't beat that view. https://www.realtor.ca/Residential/Singl...1E1R3-Guildwood Or you can say I built that. https://www.realtor.ca/Residential/Singl...M2X4-Cliffcrest FUUUUUUUUUUUU Both of those are beautiful lots! |
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Originally Posted By: Denis Si It sucks im gonna have to give up my nice house in order to move to Markham/Rhill for better hood/schools Having a 2 car garage is da bomb They don't have 2 car garages in markham/r hill? /Asking for a friend |
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Property taxes in markham aren't cheap either, I pay 4k and my house is the size of shoebox. |
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Originally Posted By: Risky Business Originally Posted By: Denis Si It sucks im gonna have to give up my nice house in order to move to Markham/Rhill for better hood/schools Having a 2 car garage is da bomb They don't have 2 car garages in markham/r hill? /Asking for a friend They do. It comes as an extra. Gotta pay a millie for it |
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Originally Posted By: Risky Business Property taxes in markham aren't cheap either, I pay 4k and my house is the size of shoebox. How many sq/ft? |
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1350 bungalow (taxes based on that). 2,100 with finished basement. |
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Jeesus, those lots in the bluffs are gorgeous. I feel like such peasant scum, cannot afford. /many many middleclass |
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You can only afford 800k cottages right? |
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Originally Posted By: Risky Business You can only afford 800k cottages right? Thats just because crystal ball.... |
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Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 |
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Sorry Waybe, but Risky got ya there. Risky - Damn that's not THAT cheap I guess in MAKHAM 2600 sq/ft here, 6500$ a year |
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Originally Posted By: markw Fucking word. We paid $280 7 years ago... neighbour just sold the exact same house for 630. lol Nice. Bought my place for 445 last Sept, house sold for 710 just around the corner a few months ago, lol. |
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SHIT I think CSI Ontario are fucking real estate gurus, What you think guys? |
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Sold townhouse for 600, got new place for 690. House 5 doors down listed for 800 and sold for 956 in Oct. More horseshoe than crystal ball for me |
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Originally Posted By: Denis Si SHIT I think CSI Ontario are fucking real estate gurus, What you think guys? I stopped checking when neighbours were selling for over half a million than what I paid which was a couple years back. |
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Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 L E L and yeah re. prop. tax RHill got highest hit this year (well we hit until 2020, FTMFL). for like 1600 sqft we're already paying a cunt hair under $4k/yr |
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Originally Posted By: Risky Business Originally Posted By: Denis Si SHIT I think CSI Ontario are fucking real estate gurus, What you think guys? I stopped checking when neighbours were selling for for over half a million than what I paid which was a couple years back. Guru confirmed |
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Originally Posted By: Choco 'Nuck Jeesus, those lots in the bluffs are gorgeous. I feel like such peasant scum, cannot afford. /many many middleclass |
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Originally Posted By: Denis Si SHIT I think CSI Ontario are fucking real estate gurus, What you think guys? Yup. Bought end-unit townhouse for $750 in June. Similar unit, minus upgrades, sold in Oct. for $830. Either I'm one hell of a guru or the market is just nuts! |
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Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 Choco, sounds like you have new milk. Please post. |
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You will have to excuse him, he is busy right now: |
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Originally Posted By: Screamin DC2R Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 L E L and yeah re. prop. tax RHill got highest hit this year (well we hit until 2020, FTMFL). for like 1600 sqft we're already paying a cunt hair under $4k/yr Wtf. I'm paying over $4k |
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Originally Posted By: Risky Business You will have to excuse him, he is busy right now: #bootstraps Everyone else just needs to work harder /choco |
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Originally Posted By: Hatorade Originally Posted By: Screamin DC2R Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 L E L and yeah re. prop. tax RHill got highest hit this year (well we hit until 2020, FTMFL). for like 1600 sqft we're already paying a cunt hair under $4k/yr Wtf. I'm paying over $4k I'm around $44xx Durham Region |
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Originally Posted By: 4age Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 Choco, sounds like you have new milk. Please post. No new milk... Risky delirious after eating some bad shwarma Originally Posted By: Wildout #bootstraps Everyone else just needs to work harder /choco #Its just luck guys... /Euphoric |
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2650sqft $5200 |
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Originally Posted By: Choco 'Nuck Originally Posted By: 4age Originally Posted By: Risky Business Tell us more about the hardships of multiple property ownership and a driveway with 2 x 2017 BMW's, boats, and a beater X5 Choco, sounds like you have new milk. Please post. No new milk... Risky delirious after eating some bad shwarma Originally Posted By: Wildout #bootstraps Everyone else just needs to work harder /choco #Its just luck guys... /Euphoric OK - you have a 2017 blue X1, you have the X5...what's the other 2017 bimmer? I DO NOT KNOW THIS |
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We only have 2 autos for now. 3rd car is on boat from Munich. |
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Originally Posted By: Choco 'Nuck We only have 2 autos for now. 3rd car is on boat from Munich. Munich? So you bought a german car that is being shipped. So you do have new milk!!!!!!!!!! stahp being vague and spill it already. well, i can guess. you were looking at lci f30 and b9 s4. It's one of the two. |
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The struggles of the middle class |
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Must be BC of the cheaper housing next to the power plant for him to buy all of these toys. |
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Lets focus on Jeff's problem of buying a house in Oakville, far away from the nuclear plant |
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Can't go too far into Oakville anymore - I work right downtown yo |
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Originally Posted By: JEFFOS Can't go too far into Oakville anymore - I work right downtown yo Toy Factory and be done with it |
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Originally Posted By: Risky Business The struggles of the middle class for real. meanwhile i'm over here looking for baby diapers and poop-bin plastic bags on sale, along with some new lugnuts for the R. |
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Says the guy with the million dollar house in Richman's hill. CSI, all paper millionaires, and 458 drivers yo! |
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Originally Posted By: Screamin DC2R Originally Posted By: Risky Business The struggles of the middle class for real. meanwhile i'm over here looking for baby diapers and poop-bin plastic bags on sale, along with some new lugnuts for the R. Yep, doing the oil change on my 13 year old Toyota today, had to wait for Canadian tire's sale to buy 5w30...meanwhile this guy contemplating European deliveries and such. |
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Originally Posted By: Risky Business Originally Posted By: Screamin DC2R Originally Posted By: Risky Business The struggles of the middle class for real. meanwhile i'm over here looking for baby diapers and poop-bin plastic bags on sale, along with some new lugnuts for the R. Yep, doing the oil change on my 13 year old Toyota today, had to wait for Canadian tire's sale to buy 5w30...meanwhile this guy contemplating European deliveries and such. Yes, and riding the TTC today, noting that some seats have bed bugs...same guy coming to me weekly asking for $2 on the train. Next time he asks, I'm going to refer him to CSI so he can learn how to become a real estate tycoon jillionaire. |
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Did you post that from your Auntie's former house? so many CSI millionaires in their 30s. Wildout mad even conch knows how to bootstrap.. |
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posted from boat, towed by beater x5...on the way to munich to do euro delivery of teutonic toy |
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Yeow, even Titty Sprinkles has a condo in Barbados + 800k house in Maple.... /many many middle class Things I never had in my early 30s. Originally Posted By: Risky Business Yep, doing the oil change on my 13 year old Toyota today, had to wait for Canadian tire's sale to buy 5w30...meanwhile this guy contemplating European deliveries and such. Conveniently forgets to mention the imported marble tile for the garage he's hauling in toyota, or stones made from unicorn farts in the 50k driveway he's parked on. /Even much many middle class |
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lmao ya but i didn't pay 800k for it i'm probably the poorest one on here too haha |
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Originally Posted By: Choco 'Nuck Yeow, even Titty Sprinkles has a condo in Barbados + 800k house in Maple.... /many many middle class Things I never had in my early 30s. Originally Posted By: Risky Business Yep, doing the oil change on my 13 year old Toyota today, had to wait for Canadian tire's sale to buy 5w30...meanwhile this guy contemplating European deliveries and such. Conveniently forgets to mention the imported marble tile for the garage he's hauling in toyota, or stones made from unicorn farts in the 50k driveway he's parked on. /Even much many middle class If you weren't buying attention whore yellow M3's and JDM front ends in your 30's and focused on the future you wouldn't have to pop radiation pills now and high fiving the nuclear power plant operator from your backyard. Guess your crystal ball wasn't working back then tho. |
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Yolo mofo, but this was the same time you were changing hatches like people change underwear. How many civics did you have again, like 12? Could have hand baby poo yellow M3 brah |
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Originally Posted By: Choco 'Nuck Yolo mofo, but this was the same time you were changing hatches like people change underwear. How many civics did you have again, like 12? Could have hand baby poo yellow M3 brah That makes no sense! |
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Ok let's get back to the topic. jeffo if you work dtown, why why not East York or Etobicoke |
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Etobicoke is a possibility. Gf works west side. |
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telling you bro, best thing you can do is buy some etobicoke shit shack, tear that sucker down and build a house. |
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Shit shack around 700k. Can you build a house for 400k? |
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Originally Posted By: Risky Business Originally Posted By: Screamin DC2R Originally Posted By: Risky Business The struggles of the middle class for real. meanwhile i'm over here looking for baby diapers and poop-bin plastic bags on sale, along with some new lugnuts for the R. Yep, doing the oil change on my 13 year old Toyota today, had to wait for Canadian tire's sale to buy 5w30...meanwhile this guy contemplating European deliveries and such. No more TL? |
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Originally Posted By: Denis Si Shit shack around 700k. Can you build a house for 400k? What's the going rate for custom house now? I am too peasant to even look into this because I can't see myself afford to build my dream house. $150/sq ft is doable? So 2500 sq ft will costs under $400,000? |
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$200-250 / sq.ft |
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Originally Posted By: Choco 'Nuck $200-250 / sq.ft Yes thats the going rate, I've looked into it. Of course prices will vary but that is the average if you don't want to cheap out but you don't want to ball out. Additionally that is just the build price. There are a lot of charges before the tear-down/build begin that are not included in that price eg. architectural plans, permits, insurance etc which add up with the quickness ($30k+) |
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A house just sold up here for 206k over ask today. It was nothing special either. |
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Two reasons asking price doesn't mean anything. 1. Realtors under-price as a means to hype up themselves and their properties. This is nothing new and we all know it. 2. In many areas, sellers don't want their asking price. There have been numerous listings where multiple offers are placed, all over asking, and the seller will still reject them all. THEN WHY THE FUCK DID YOU LIST IT AT THAT PRICE?!?! Because you want to drive the price up as high as possible. |
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Building a home is not for everyone, a lot of people lose their shirts hence why everyone quotes such varying prices. You can build a reasonable home for less than 200 per sq.ft including all fees if you GC the job yourself. Contractors generally don't quote builds by square foot, a full bid/quote sheet will list all items including architect's drawing/etc and then as a sanity check you see where you are on the square foot cost. Anyway, it's not for everyone. For the regular person, unless you are flush with cash, don't bother. |
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Originally Posted By: LNXGUY A house just sold up here for 206k over ask today. It was nothing special either. What was his CSi username? WHAT A GURU!!! WHERE IS THE LINE UP FOR GARMENT TOUCHING? |
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Originally Posted By: SuPeR-MaRiO Two reasons asking price doesn't mean anything. 1. Realtors under-price as a means to hype up themselves and their properties. This is nothing new and we all know it. 2. In many areas, sellers don't want their asking price. There have been numerous listings where multiple offers are placed, all over asking, and the seller will still reject them all. THEN WHY THE FUCK DID YOU LIST IT AT THAT PRICE?!?! Because you want to drive the price up as high as possible. Dude, this is Barrie. 20-30k over ask is the norm, this place wasn't anything special. Time to sell my place for a mil and retire to Costa Rica, lol guru |
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http://www.businessinsider.com/regulatio...e-market-2017-2 China's New Capital Controls Could Change Vancouver Real Estate Market or dare I say Markham Real Estate Market? |
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Originally Posted By: Choco 'Nuck stones made from unicorn farts |
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mongohouse says that house down the street went for 780, so 50 over |
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There are houses around here listing for 799k, 2 car, 2500sqft, etc. This shit is out of control. |
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I have to say, when people in Barrie are have bidding wars you know real estate is all kinds of fucked up. It almost reminds of me of that show where people bid on storage units, that's what I imagine Barrie bidding wars to be sort of like. |
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my folks looking to pickup something here, ready in 2019. prob one of the condos. http://fridayharbourresort.com/ looks nice. LNX you know it? |
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Originally Posted By: Screamin DC2R my folks looking to pickup something here, ready in 2019. prob one of the condos. http://fridayharbourresort.com/ looks nice. LNX you know it? Condo starts at 300s and check this beauty out FERRETTI TOWNS FROM $1.4 MILLION Located directly on the water's edge, these exquisite waterside residences feature signature designs inspired by the sheer beauty of their idyllic location. this is in Barrie. Cray |
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damn. |
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Originally Posted By: Screamin DC2R my folks looking to pickup something here, ready in 2019. prob one of the condos. http://fridayharbourresort.com/ looks nice. LNX you know it? i see their ads on tv and in the paper all the time. if they have the money why not? looks to be in a nice area. |
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yeah it looks like a pretty nice setup, tons of build plans. i think it's almost 60% sold *(not sure which phase) and everything under 450k is gone. they're looking at the 2bdrm units for about 500k which are the next option, but holy crap they go to 800k+ for the waterfront condos. the nice thing is you can rent with no "attachments" or fees like say Tridel has (they will open a rental office in 2019 too) and/or you can sell before taking ownership, small penalty of like $3500 which is nothing if it's gone up. but the plan is to keep it long term anyway. i am happy they could/would enjoy something like this as they never splurge on much (oldskool). they'd pass it down to us which is nice of them as well, as they want our kids to enjoy it too as they grow. and yeah they looked at the 3 level towns, look very nice but the price wtf. dat "waterfront" doe. |
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Looks super lavish, those maint fees are probably going to be insane. I do love when developers bring new ideas to us and actually make them a reality. Love the concept, too lavish for my tastes tho. Wayne should grab a unit so he park his boat there, what's another property for his property manager to manage. |
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^ lol tr00f maint. fee is $700/month. friend of mine at work whose brother builds homes for a living up there, he bought a block of towns...so 5 of them @ $1.5 mil must be nice. |
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Maybe when Wes moves back to Canada, he'll park his 50' yacht there.... $700 / month? |
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Wayne, time to upgrade https://www.realtor.ca/Residential/Singl...E2C1-Rougemount Love the lot size. 50 x 254!!!! |
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I've got a buddy that lives on this street, let's just say he's happy https://www.realtor.ca/Residential/Single-Family/17653450/29-GALLAGHER-CR-MIDHURST-Ontario-L9X0K1 |
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Originally Posted By: LNXGUY I've got a buddy that lives on this street, let's just say he's happy https://www.realtor.ca/Residential/Single-Family/17653450/29-GALLAGHER-CR-MIDHURST-Ontario-L9X0K1 Damn thats nice |
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That's beautiful, $4M+ here for that in Stouffville/Aurora. |
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Originally Posted By: markw Originally Posted By: LNXGUY I've got a buddy that lives on this street, let's just say he's happy https://www.realtor.ca/Residential/Single-Family/17653450/29-GALLAGHER-CR-MIDHURST-Ontario-L9X0K1 Damn thats nice shit. that is my dream home. very nice. |
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shit that's a beautiful house. |
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Originally Posted By: Risky Budiness That's beautiful, $4M+ here for that in Stouffville/Aurora. $20MM in San Francisco |
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Nice house. The tub in the ensuite sucks. Should have had a free standing faucet, that cheap ass. |
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3 bedroom 1,500 sq ft home at Don Mills and Lawrence lists for $1.19M and sells for $2.3M Quote: Fifty years ago, a young couple paid $27,000 for a modest home in Don Mills. That approximately 1,500-square-foot house sold for $2.3 million, more than $1.15 million over the nearly $1.19 list price on Wednesday. https://www.thestar.com/business/2017/02/10/don-mills-home-sells-for-115-million-over-asking.html |
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Originally Posted By: Simon_the_Pieman Originally Posted By: markw Originally Posted By: LNXGUY I've got a buddy that lives on this street, let's just say he's happy https://www.realtor.ca/Residential/Single-Family/17653450/29-GALLAGHER-CR-MIDHURST-Ontario-L9X0K1 Damn thats nice shit. that is my dream home. very nice. |
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Brampton wants to play too! #littleleague http://www.cbc.ca/news/canada/toronto/real-estate-offers-1.3974147 |
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Originally Posted By: eddie_82 Brampton wants to play too! #littleleague http://www.cbc.ca/news/canada/toronto/real-estate-offers-1.3974147 LOL what a scumbag real estate agent. "we didn't price it for a bidding war" but he held out on offers for a week |
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Frank Leo is notorious for faking bidding wars. He has a group of real estate friends that park cars outside and give fake bids to up the price. He is scum. |
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Originally Posted By: Simon_the_Pieman Frank Leo is notorious for faking bidding wars. He has a group of real estate friends that park cars outside and give fake bids to up the price. He is scum. That is scum. That's why I always give my price and that's it - I don't fuck with that game. I bet half of those extreme over asking offers are prompted by investors that don't know and ask their agent "how much do I bid to get this house" and they just tell them a crazy number. I've seen it many times in open houses where a person comes in and says "I like this one how much should I pay?" TO THE FUCKInG LISTING AGENT!? |
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Originally Posted By: Simon_the_Pieman He is scum. They're all scum |
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This is your first sign dude is scum, you never trust people like this: |
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Originally Posted By: Simon_the_Pieman Frank Leo is notorious for faking bidding wars. He has a group of real estate friends that park cars outside and give fake bids to up the price. He is scum. Each bid has to be legally registered, report him to RECO, he'll lose his license. |
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Originally Posted By: LNXGUY Originally Posted By: Simon_the_Pieman Frank Leo is notorious for faking bidding wars. He has a group of real estate friends that park cars outside and give fake bids to up the price. He is scum. Each bid has to be legally registered, report him to RECO, he'll lose his license. ive mentioned that to other agents but they said he is deep in the game, network is strong, and everything looks legit on paper. |
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So he's registering bids under other peoples names I bet. What a fucking scumbag |
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Originally Posted By: eddie_82 Originally Posted By: Simon_the_Pieman He is scum. They're all scum This |
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Quote: "We are a destination city now from a global perspective. If you look at our growth compared to the Chicagos, the San Franciscos and the Londons, we've become a world-class city but our prices are not world class yet. We're a bargain compared to New York. We are dirt cheap compared to London," she said. DIRT CHEAP!!!! https://www.thestar.com/business/2017/02...ll-rapidly.html |
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BMO Chief Economist calls GTA market bubble http://www.ctvnews.ca/mobile/business/to...ubble-1.3286745 |
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NO WAI |
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maybe that's why my 2 new neighbors are such snobs...they know how much we paid 3 years ago; they wont even say hi. |
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Originally Posted By: Rusky Business Quote: "We are a destination city now from a global perspective. If you look at our growth compared to the Chicagos, the San Franciscos and the Londons, we've become a world-class city but our prices are not world class yet. We're a bargain compared to New York. We are dirt cheap compared to London," she said. |
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Originally Posted By: f22b-dohc maybe that's why my 2 new neighbors are such snobs...they know how much we paid 3 years ago; they wont even say hi. i think cuz you cooking stinky fish in the back yard |
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That house that went $200+ over asking in Barrie was brutal. Basically needed a full remodel and there was literally animal shit all over it. It wasn't even in a good area. I think just right person, right time. I think a bunch of people are getting stuck trying to get into something before their other homes sell, and trying to port mortgages up here. Up to this week it was mainly Toronto agents offering the crazy prices, now it seems like the Barrie agents are doing it to be competitive as well. Should be an interesting Spring market. |
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I think the Toronto realtor who sold that house is more to blame. Come in way under value and people get emotional and get into a bidding war, it's retarded. Spring will definitely be interesting, lol |
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mods fix dis shit EDIT - Thanks |
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Originally Posted By: Simon_the_Pieman Originally Posted By: f22b-dohc maybe that's why my 2 new neighbors are such snobs...they know how much we paid 3 years ago; they wont even say hi. i think cuz you cooking stinky fish in the back yard I cook curry outside so that i don't stink up the house |