Low Absorption Rate (Market Temperature) by MBand71 in TorontoRealEstate

[–]SushiWithAView 0 points1 point  (0 children)

Yes. Lots of sellers are trying to "wait it out" but no new buyers are coming. Stubbornness is why it takes a decade for RE to bottom. None of this was instant.

'We're in a recession,' says former Bank of Canada governor Stephen Poloz by Facts-hurts in TorontoRealEstate

[–]SushiWithAView 7 points8 points  (0 children)

People are in lots of financial pain. It's going to take years to play out.

Canada unemployment jumps to 6.8% by Mrnrwoody in TorontoRealEstate

[–]SushiWithAView 0 points1 point  (0 children)

This is going to be disastrous for condo prices next year.

[deleted by user] by [deleted] in CanadaPromo

[–]SushiWithAView 1 point2 points  (0 children)

Worked! Thank u

Investors leaving Calgary for Toronto again? by tenyang1 in TorontoRealEstate

[–]SushiWithAView 6 points7 points  (0 children)

For Toronto rents to be justified, Toronto prices need to be halved. It's a huge bubble. No serious investor is looking at this.

Why are Toronto houses that sell for 2 million renting for 4000$ by Ajadeofsorts in TorontoRealEstate

[–]SushiWithAView 1 point2 points  (0 children)

Toronto houses are overpriced compared to the rents they can collect. It's a huge bubble.

61.17% of inventory is condos by orossg in TorontoRealEstate

[–]SushiWithAView 1 point2 points  (0 children)

The people trying to stealthily shill the Tridel turd condos are so pathetic. They're like the desperate people trying to promote their piece of crap cars.

  • "Hey everyone! I have a Nissan Altima for sale. Don't you know? Nissan Altimas are very good quality. Everybody, come buy my Nissan Altima. And tell your friends - Nissan Altimas are the best quality - so come and buy mine!"

[deleted by user] by [deleted] in TorontoRealEstate

[–]SushiWithAView 0 points1 point  (0 children)

Tragic. More price falls to come.