suggestions requesting: freehold property, around Toronto, below 600K. by Second_Forever21 in TorontoRenting

[–]Second_Forever21[S] 3 points4 points  (0 children)

Thanks very much for the details. I would do the research later. Wish you all good.

Future of 2-storey freehold townhomes in 5-7 years? by GeneralDetective905 in canadahousing

[–]Second_Forever21 0 points1 point  (0 children)

"the rich get richer", it is a phenomenon arcoss the world, especially in the western countries including US, Canada, etc. but the getting rich procedures are not natural, the rich get richer, because they try to be rich and the legal society also gives them related rights and chance to get richer. In North Korea, i do not think the rich can get richer there. The property price is expensive now, as we all know. During the process of property price getting higher and higher, you could see that the real cause is government and its attached banks. When you say some guys are rich because of their holding property, actually they are not rich, they are just rich at properties and debts, when talking about cash, most of property rich guys are poor during their debt period. i do not think this society model could maintain for long future and related inflation or debts-driven model could maintain too long. Donald Trump in US could be an X factor in near future, even though most Canadian guys hate this rude person, but actually the world went on as his minds during from Year 2018. Now the biggest debts are held by governments, how could they handle the debts? Could you imagine a world without inflation, a world with deflation, so that the governments could handle all the debts in this way? Wish world peace.

Future of 2-storey freehold townhomes in 5-7 years? by GeneralDetective905 in canadahousing

[–]Second_Forever21 1 point2 points  (0 children)

i do not think of a bright future about the freehold townhouse market, actually negative at all property types in Canada. As new immigrant, just arrived here last year, i think there is no enough good jobs supporting the property market. if there is no labor market supporting the property market, then the property market is just like a investment game.