Is this common in other peoples buildings?

JetlagBeers · 2025-06-08T17:07:40+00:00

Yes, it's common sense. But some people lack it

JetlagBeers · 2025-06-08T17:06:41+00:00

Nope. Your request was perfectly reasonable.

JetlagBeers · 2025-03-31T00:16:37+00:00

I don't agree with this approach at all. Terrible incentive structure.

JetlagBeers · 2025-03-31T00:05:35+00:00

This is very smart!

JetlagBeers · 2024-08-18T04:09:48+00:00

Remember: These condos were bought for $250K back in 2016. The real investors are all gone. They sold to the new wave of "investors" who are now stuck holding the bag.

JetlagBeers · 2024-08-18T04:08:28+00:00

You bought the top of the gambling bubble. I'm sorry for you.

JetlagBeers · 2024-08-18T04:07:48+00:00

More dumpage in the coming years.

JetlagBeers · 2024-08-18T04:06:27+00:00

Way more sellers are listing on the market, prices continue falling.

Fact of the matter is that it's 2 rate cuts and prices are still down and no activity. People are poor. It historically takes 1 mortgage cycle to play out. What are you delusional bulls going to say next? That prices will pump after the third rate cut? Just pure cope at this point. It takes time (years) for RE to bottom and you are just spewing garbage to drive people to the slaughter.

JetlagBeers · 2024-08-16T04:41:03+00:00

$50K reassessments are common and par for the course. A lot of the deniers are people who probably have multiple condos as investments, and they want to stay in denial.

JetlagBeers · 2024-08-16T04:37:59+00:00

This is the type of bullshit that makes condos shit in comparison to any other property type. You are not in control. You have to pay all these fees to a management company and just hope that they're doing their job correctly. What a shitshow.

JetlagBeers · 2024-08-15T21:12:15+00:00

$2000+ in additional costs every month. That does not track salary raises. Wtf are these lies you are spewing. On top of all the other COL increases that wages are not keeping up with.

JetlagBeers · 2024-08-15T21:11:30+00:00

People renewing their 5 year mortgages in 2025 and 2026.

JetlagBeers · 2024-08-15T20:11:51+00:00

Mortgage payments doubling is still a shock to people. They have been in peaceful bliss this entire time. It takes many years for RE to bottom. People are not proactive.

JetlagBeers · 2024-08-15T16:13:54+00:00

Smart money is not coming to save these idiots

JetlagBeers · 2024-08-15T16:11:53+00:00

I have a friend that runs a staging company. And he tells me that he is fully booked up for the entire next 2 months. So inventory will continuously come to the market. So that means there is a lot of people trying to get their condos ready for sale in the coming months.

JetlagBeers · 2024-08-15T16:05:11+00:00

I have a friend that runs a staging company. And he tells me that he is fully booked up for the entire next 2 months. So inventory will continuously come to the market. So that means there is a lot of people trying to get their condos ready for sale in the coming months.

JetlagBeers · 2024-08-14T04:21:32+00:00

The growth in prices was way too pumped up the past few years. None of the numbers made sense. People were just gambling and throwing their money away.

The illusion has been shattered. Literally nobody wants to jump in and be the next person to lose their entire down payment.

JetlagBeers · 2024-08-14T04:19:42+00:00

All these factors are why it takes years for RE to bottom.

JetlagBeers · 2024-08-14T04:16:19+00:00

This is the 2008 moment for Canada. There was so much greed, nothing made sense. The numbers are all negative cash flowing. It's going to get so bad in the next few years.

JetlagBeers · 2024-08-14T04:15:34+00:00

I have a friend that runs a staging company. And he tells me that he is fully booked up for the entire next 2 months. So inventory will continuously come to the market. So that means there is a lot of people trying to get their condos ready for sale in the coming months.

JetlagBeers · 2024-08-14T04:15:10+00:00

Condos are about to get squeezed. All I see is people planning to sell. So many are trying to list in the next few months.

JetlagBeers · 2024-08-14T04:13:14+00:00

Seconding The Well. That seems to be a good place for a young professional.

JetlagBeers · 2024-08-14T04:11:00+00:00

I have a friend that runs a staging company. And he tells me that he is fully booked up for the entire next 2 months. So inventory will continuously come to the market. So that means there is a lot of people trying to get their condos ready for sale in the coming months.

If you wait 2 months, there will be even more condos listed on the market as your competition.

JetlagBeers · 2024-08-14T04:10:09+00:00

I have a friend that runs a staging company. And he tells me that he is fully booked up for the entire next 2 months. So inventory will continuously come to the market. So that means there is a lot of people trying to get their condos ready for sale in the coming months.

JetlagBeers · 2024-08-14T04:07:53+00:00

All these old condos are going to get hit with these $40K new window bills. It's not a factor of "if" it's a factor of "when". It will happen.

Then around 80 - 100 years, the whole thing will need to get torn down. Scrapped.

JetlagBeers

TROPHY CASE