@ronmortgageguy Which is exactly why hybrids are the future & NOT electric
Still maintain existing infrastructure, but far less pollution in-cities, cause the engine shuts off when running inrfficiently
๐ฅ๐ฅBREAKING
While the government claims immigration is needed for housing construction
Bank of Canada research indicates that the job that immigrants are LEAST LIKLEY to work is ......
construction.
Since we've allowed (encouraged) this level of household debt to accumulate, we can never allow a recession again?
Any recession now will be severe, but those are the consequences of allowing a housing and debt bubble to form.
Just have a look at the view from this beauty! ๐
3502-75 Queens Wharf, Toronto
-"Sold?" April 2022 for $920,000
-Just Re-Sold for $720,000
But I'd still say the view is worth it! #tocondos
BOOM!! Federal Government Moves Against Airbnb!!
I rarely post on Sunday but this is news
The Federal Government will attack Short Term Rental through CRA
@TorontoStar broke the story this morning
I knew the Feds were planning something since @cafreeland focused on it
2/
More Inside Analysis Of Canada's Home Sales Market From @WOWA_Canada
Why should we care about "months of inventory" in Real Estate? Because it's a very solid indicator of how quickly & easily houses are selling
And BLUE means Colder
There alot of BLUE
Wonderful view in a condo, within a premium location in downtown Toronto
2101-10 Tubman, Toronto
-Sold March 2021 for $673,000
-After a failed bidding war attempt & subsequent "re-pricing", sold for $628,000 yesterday
#EhLoser#tocondos
I apologize for tweeting this from @betterdwelling. No need to send them more hate mail.
The loss of housing supply is no laughing matter.
The Buyers (primarily investors) of these homes (starting at $3.7m) will now experience homelessness (for their capital).
FINALLY!!!!!!!!!
Only 1 influencer left to block me.
What got to Johnny boy finally?!? Was it the fact heโs been saying one thing and doing another?!? Hello?!?
โBest time to buy is yesterdayโ
200 likes and Iโll let yโall on a secret.
Go. ๐๐ฝ๐๐ฝ๐๐ฝ๐๐ฝ๐๐ฝ
3.99% 3 - Year Fixed Mortgage Rate But ONLY From A Builder If You Buy From The Builder: WTF Is Going On??
It's always the same thing: the Builder is charging more for the house (Townhouse or Semi) and using the extra revenue to buy down the rate
WHAT!!! Overcharging? Why?
2/
What's up, weekly Active Listings fans? This week I'm going to skip straight to MOI, where 416 Condos have now hit their highest mark since the pandemic hit.
Couple of other charts in this ๐งต/1
Toronto freehold (house) listings are getting high๐
Up until the end of August, 2023 was often running as the second LOWEST in the last 6 years. Pretty quickly they've become second HIGHEST.
The 2,908 current listings are higher than any point in 2020, 2021, or 2022. #ToRE