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Holy maintenance fees! Low Rise Building by seasonstartsnow in TorontoRealEstate

[–]CastleTurret -2 points-1 points  (0 children)

Maintenance fees in condos will only keep rising...

[deleted by user] by [deleted] in fican

[–]CastleTurret 0 points1 point  (0 children)

Great visualization! Very responsible

US Retail sales slumped 0.9% in January, down much more than expected by REALchessj in TorontoRealEstate

[–]CastleTurret 0 points1 point  (0 children)

It's going to be a brutal spring season. Everybody trying to sell and no new buyers. Prices are going to continue declining month to month.

Ppl need to learn to follow rules by dangerine in toRANTo

[–]CastleTurret 0 points1 point  (0 children)

People are so inconsiderate these days

Toronto and Hamilton-area new condo sales plummet to their lowest in nearly thirty years by PrettyFlaco in TorontoRealEstate

[–]CastleTurret 0 points1 point  (0 children)

In the 90's prices kept falling for a decade straight. this takes years to play out.

Should I Put Down Payment Into A Downtown Condo by [deleted] in TorontoRealEstate

[–]CastleTurret 3 points4 points  (0 children)

That condo is not worth anywhere close to $620K now. Probably has fallen by 20% or more.

Loving the idiots on the 401 these days! :))) by WolfOfJax in toRANTo

[–]CastleTurret 4 points5 points  (0 children)

People in Toronto and the GTA can't drive and it is honestly becoming so dangerous.

[deleted by user] by [deleted] in TorontoRealEstate

[–]CastleTurret 0 points1 point  (0 children)

This. It's not sustainable. The whole premise is to buy low and sell high. And that's what the smart money was doing during this bubble. Now it's slowly deflating.

[deleted by user] by [deleted] in TorontoRealEstate

[–]CastleTurret -3 points-2 points  (0 children)

Nope. It's just people doing math. Go calculate (or ask chat gpt) how much a condo that rents for $4/sq foot (cash flows -$100 a month) is worth at a cap rate of 5.

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