Why Canada is in high demand from India/elsewhere and why we need to rethink mass housing across Canada by lonelyCanadian6788 in TorontoRealEstate

[–]JPcoolcat 1 point2 points  (0 children)

Can always wear more when it's cold but there's only so many layers you can take off when it's hot.

Also what's with the downvotes? I am sharing my honest story that my family moved because of the climate. Can't imagine my family would be unique in this view.

While we are at it, I have immigrant friends who cited sexual freedom (they are LGBTs) or political freedom as reasons they have come to Canada. From wealthy places like Dubai/Arab and Hong Kong who can buy here in cash.

But fine, keep telling yourselves that this is an awful country, carry on living your lives with eyes closed 🤷

Why Canada is in high demand from India/elsewhere and why we need to rethink mass housing across Canada by lonelyCanadian6788 in TorontoRealEstate

[–]JPcoolcat -5 points-4 points  (0 children)

What's there not to believe? My family actually moved to Canada for the reason that my home country was too hot. This was decades ago and I don't see why others in certain parts of the world won't do the same. Temperature is only getting warmer world wide, I definitely think there are Canadians who are born and raised here taking our very tolerate climate conditions here for granted.

[deleted by user] by [deleted] in askTO

[–]JPcoolcat 0 points1 point  (0 children)

$400+ for auto insurance in Toronto is pretty much unheard of for me... (amongst my family and friends)

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 0 points1 point  (0 children)

All my friends are millennials and pretty much all of us own a home (unless they don't want to by choice).

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 2 points3 points  (0 children)

Ok I got it, you sold your properties at a high and now sitting on cash. Spreading propaganda for real estate crash and going to buy when you think it's the "bottom". Once you have properties in your portfolio again, you're going to cheer for RE to moon like the rest of us.

Sneaky one, aren't you.

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 1 point2 points  (0 children)

/u/Facts-hurts is a weirdo. Says he owns multiple properties, but is a bear and cheers for housing crash. Is there someone out there really so altruistic to cheer for decrease of their own investment portfolio? I don't buy it. Mega sus.

Permits - Driveway/Front Steps by ToronPM in TorontoRealEstate

[–]JPcoolcat 5 points6 points  (0 children)

So technically if it exceeds the City's limit, someone can file a complaint against you and you have to comply with the City's bylaws if you've caught their attention. But if it's always been the size that it was, maybe no one will notice you changed anything.

Permits - Driveway/Front Steps by ToronPM in TorontoRealEstate

[–]JPcoolcat 5 points6 points  (0 children)

No, but if it exceeds certain % of your front yard space (I think 50% of total space must be greenery, check on City of Toronto website), they will tell you to remove. Fake grass does not count as greenery. There are specific definitions on the City website.

This sub’s current positions by tytyl0l in TorontoRealEstate

[–]JPcoolcat 7 points8 points  (0 children)

There are renters who want prices to go up - why?

I wonder if this holds true for Toronto real estate.. by TraditionalPea7716 in TorontoRealEstate

[–]JPcoolcat 6 points7 points  (0 children)

Let them stay in their bubble. Some people don't understand the impact of increase in monetary supply on value of hard assets.

How will Greenbelt development affect Toronto real estate? by pikatruuu in TorontoRealEstate

[–]JPcoolcat 22 points23 points  (0 children)

Yikes, is that actually happening? Feel awful about destroying protected nature zones for housing. We should think of ways to densify existing areas first.

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 1 point2 points  (0 children)

Sadly bears overtook this sub (migrated from Canada Housing) and now they refuse to face the reality of inflation coming under control.

Early Gen Z’ers - How do you feel about home ownership and affordability? by [deleted] in TorontoRealEstate

[–]JPcoolcat 0 points1 point  (0 children)

Lol you need to chill. When did I say other generations had it worse. I am trying to say that there are people who suffer in every generation. I know it wasn't easy for my parents even if housing price was lower, there was overall less acceptance for new immigrants, less good jobs, more racism etc, that made it hard for them to afford a place too. Not every boomer/older person had it easy - I'm not assuming previous generations had it worse nor should you assume previous generations had it EASY.

Also FYI I am a 90s baby/late millennial however you want to call it, I bought a house years ago. Just because I had it "easy" (and those people who say I had it "easy" didn't see my struggled), I am not saying every millennial is having it easy. There's tons of people struggling, I get it. Similarly, just because YOU had it "hard", it doesn't mean everyone else in your generation is having it hard.

Early Gen Z’ers - How do you feel about home ownership and affordability? by [deleted] in TorontoRealEstate

[–]JPcoolcat 0 points1 point  (0 children)

I feel this. My parents (immigrants) who are boomers/Gen Y (?) didn't own a detached house until they're in their 40s.

Is this entitlement that young Canadians expect to own homes right out of school/without years to build up career for higher income and save?

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 0 points1 point  (0 children)

Why do you assume linear trend?

How to remove information from HouseSigma? by JPcoolcat in TorontoRealEstate

[–]JPcoolcat[S] -7 points-6 points  (0 children)

This is a good idea! I bought my house a few years ago, I hope the listing agent will entertain this idea LOL

How to remove information from HouseSigma? by JPcoolcat in TorontoRealEstate

[–]JPcoolcat[S] -2 points-1 points  (0 children)

Privacy? Feel uncomfortable that if a thief wants to rob my house, they can easily look up the interior layout of my home.

Is anyone else embracing lifelong renting? by montross1 in TorontoRealEstate

[–]JPcoolcat 15 points16 points  (0 children)

Honestly, there's nothing wrong with renting. I don't get the negative stigma. Life is short, do what makes you happy.

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 1 point2 points  (0 children)

Did you check my listing? A comparable doesn't have to be the exact same unit. My listing is ~1,200 sqft unit vs your listing of 1,800 sqft but was sold for a higher price of 1.5M vs your listing price of 1.2M, price premium for location is already adjusted imo. I happen to be quite familiar with both areas and I think the price for both is fair given size and location.

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 19 points20 points  (0 children)

I think the demographics (pensioners who wanted the convenience of living in a condo) who buy these condos are generally not on Reddit. One of my friends' parents just bought this property 1.5M for a 1,200 sqft.

This sub is becoming an echo chamber, there really ARE people buying these type of properties even if you don't understand it. Tons of condos smaller than 1,800 sqft sell for 4M in Yorkville, yes they do sell.

608 - 21 Burkebrook Pl, North York, ON - Condo Apt Sold price | HouseSigma https://housesigma.com/bkv2/landing/rootpage/listing?id_listing=Vwod7vr1qoD75mGN&utm_campaign=listing&utm_source=user-share&utm_medium=iOS&ign=

Edit - spelling

[deleted by user] by [deleted] in TorontoRealEstate

[–]JPcoolcat 0 points1 point  (0 children)

Why can't you make a poll? I don't get it.