#10661467 - 01/09/25 11:31 AM
Re: dat real estate v.2021
[Re: LNXGUY]
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Simon_the_Pieman
Post Master Sr
Registered: 08/13/01
Posts: 9505
Loc: The A
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I gotta renew in May, I'm still thinking variable.
i think the next 3 announcements before then will tell us a lot.
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"I'd love it if we did it... but I guess I'm a big skeptic on Canadians because so many are retarded as fuck." - 355-Si, 2020
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#10661633 - 01/09/25 05:37 PM
Re: dat real estate v.2021
[Re: Simon_the_Pieman]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 108155
Loc: Barrie, Ont,
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True. Let's see what happens.
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-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#10661668 - 01/09/25 07:27 PM
Re: dat real estate v.2021
[Re: LNXGUY]
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Hatorade
pheggit
Post Master Supreme
Registered: 11/05/99
Posts: 26919
Loc: Toronto, ON
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I gotta renew in May, I'm still thinking variable.
Variable.
You should be able to get -0.9 to -1.0 on uninsured as of today. Makes zero sense to go fixed. Economy only getting shittier with each month lol
_________________________
'07 997.1 GT3 '08 E90 M3 '11 E90 d '02 Rota Grid - 195-55-16FR (RIP) '04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi) I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr
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#10680562 - 03/09/25 06:47 AM
Re: dat real estate v.2021
[Re: furball]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9558
Loc: Toronto, ON
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#10680643 - 03/09/25 04:59 PM
Re: dat real estate v.2021
[Re: Risky Business]
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9558
Loc: Toronto, ON
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#10680676 - 03/09/25 09:50 PM
Re: dat real estate v.2021
[Re: furball]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45589
Loc: Raptors Land
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Are we ever going to get back to the $350 / sq ft condos?
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#10680696 - Yesterday at 06:43 AM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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Risky Business
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 46083
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Will probably bottom out at 800 psf for good stock in the core for resale. At that price and rent things start to cashflow. Precon is dead though, always thought it was just a matter of time before people catch on. How can someone pay $1,600 PSF when comparable resale is 1,100 (this was during the peak). Now resale is in the 900s, precon launches at 1,300 psf can't get off the ground. RIP
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#10680756 - Yesterday at 10:07 AM
Re: dat real estate v.2021
[Re: Hatorade]
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Risky Business
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 46083
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Yep, seems like purpose built rentals are the only builds getting financing so it's the only choice.
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#10680924 - Yesterday at 03:58 PM
Re: dat real estate v.2021
[Re: Risky Business]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45589
Loc: Raptors Land
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Will probably bottom out at 800 psf for good stock in the core for resale. At that price and rent things start to cashflow. Precon is dead though, always thought it was just a matter of time before people catch on. How can someone pay $1,600 PSF when comparable resale is 1,100 (this was during the peak). Now resale is in the 900s, precon launches at 1,300 psf can't get off the ground. RIP
The days of buying a condo to rent out and having the value appreciate is over.
Would be nice to have a property paid for when the kids are older but don't think the math works anymore.
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