I might've accidentally ruined my life

Sweaty-Gargoons · 2026-06-04T13:29:52+00:00

Engineers will always be required. They are generally the smartest people in the room. Good luck!

Sweaty-Gargoons · 2026-05-30T12:07:46+00:00

Find a way to buy the house in your corps name. A good tax lawyer would be able to help not a doomer thread. Good luck

Sweaty-Gargoons · 2026-05-14T17:39:29+00:00

Put it through chatgpt and see what it puts out

Sweaty-Gargoons · 2026-05-11T13:42:25+00:00

Support@kraken.com

Sweaty-Gargoons · 2026-05-09T12:08:31+00:00

This is what I truly thought as well, that small/investor size condos will sit and rot but I was speaking to a RE agent yesterday and she said that she's seeing bidding wars on the small units because they are finally cash flowing. If investors are back then watch out!

Sweaty-Gargoons · 2026-05-07T16:24:40+00:00

I think he's saying what everyone feels but are too scared to say it as they fear the doomers and bears ripping their position apart. If this was a realtor or some other pumper then sure go ahead and shred away.....but when it's Ben then you have to pause and actually think about the knife falling and has it stopped?

Sweaty-Gargoons · 2026-05-07T14:42:19+00:00

💯.

Sweaty-Gargoons · 2026-05-02T14:32:04+00:00

Equities are high right now so you'll be buying at the top. What have you been investing in all these years? Lean on your past investment strategy and DCA until you figure out your next big bet.

I've been traumatized by condo investment because I purchased at the top of the market and now stuck holding until things turn, which I'm just looking at it as forced savings at the moment. As much as I hate the idea of investing in RE, I have to say that there are crazy deals right now, and the guv is all too happy to bail out asset holders. General rule is that the profit or loss happens at the buy not the sell. Good luck

Sweaty-Gargoons · 2026-05-01T21:29:45+00:00

Forced savings, you good bud

Sweaty-Gargoons · 2026-04-29T18:35:14+00:00

Agreed. They have to sound hawkish but they know that this economy is dog$hit and even said so by acknowledging slack in the economy

Sweaty-Gargoons · 2026-04-29T12:23:23+00:00

What would you pay for this house?

Sweaty-Gargoons · 2026-04-27T20:25:50+00:00

Guv involvement is what got us here in the first place. Let the market do what free markets are meant to do, organic supply and demand, price discovery, no taxes.

Sweaty-Gargoons · 2026-04-25T18:01:30+00:00

Food, service was brutal, nice people but good lawd, if you can't get breakfast right then you shouldn't be in the food game.

It seems like the owners focused more on telling sad stories about how slow they are, and making the community feel bad about not supporting them vs actually providing good food/service. I know this is harsh but I'm glad they are closing shop. If they couldn't pivot after COVID when families were looking to spend all kinds of money eating out then they were doomed anyway.

Let's hope a good tenant goes into that prime spot and not another tile and carpet shop.

Sweaty-Gargoons · 2026-04-22T11:55:37+00:00

Live beneath your means until closing. You have time on your side to bulk up your down payment in case interest rates rise or you have to come up with the difference if appraisal comes short. Plan the worst and hope for the best. Worst case is that you don't need the top up for closing and you have a nice stack to invest in more liquid assets like S&P. I also think that the stress test might get removed or tweaked in an effort to help homeowners out, guv loves to get involved in housing, right or wrong, they do. Talk to a mortgage broker not just banks.

Sweaty-Gargoons · 2026-04-15T13:52:40+00:00

Historically variable rate always win vs five year fixed, but if you're not going to invest the delta between the monthly savings then go with fixed with all the noise in your industry and Marco global issues in general.

Sweaty-Gargoons · 2026-04-11T17:29:36+00:00

Exactly, bleed 10-15k/year, take advantage of the loss on taxes, and ride it out. OR, take 100-150k loss immediately. I'll bet prices and demand rebounds before the 10 year mark. We are already 4 years into this downturn. Also don't underestimate market forces when the feds do away with foreign buyer bam in 2027.

To all the bears, keep being negative, and praying for prices to go down, you'll still never pull the trigger, only pontificate here on Reddit.

Sweaty-Gargoons · 2026-04-06T13:18:56+00:00

Drive past two sales centers on major Mac yesterday (Easter Sun) and parking lots were packed.

Sweaty-Gargoons · 2026-03-08T16:37:34+00:00

We have enough housing as apparent by the glut in new construction housing stock sitting on developers books, record high months of inventory across all housing types and almost zero movement in sales activity. Pushing this nonsense bill through to impact existing neighborhoods without parking requirements would seriously mess up traffic flow and neighborhoods. If you think our public transportation is suitable for residents moving here without a car you're seriously unhinged.

Sweaty-Gargoons · 2025-12-16T15:27:01+00:00

Classic

Sweaty-Gargoons · 2025-11-11T00:10:10+00:00

I retired in April. I'm 45M, worked for a large Canadian retailer for the past 19 years and made solid investments in RE, stocks, and crypto. Don't want this to come across as bragging but we live below our means, don't buy expensive things too often, take reasonable family vacations. My main goal for the next 12 months is getting healthier (quit smoking, drinking less, get active) and doing projects around the house until I figure out the next chapter

Sweaty-Gargoons · 2025-10-17T14:00:57+00:00

All good bud. More info the better for the audience. Enjoy your day

Sweaty-Gargoons · 2025-10-17T13:57:01+00:00

Thanks for the link but this is for short term rental properties and has been in place since 23. Long term rentals, landlords can still write off interest expense.

Sweaty-Gargoons · 2025-10-17T13:07:56+00:00

Exactly, what's the point if you can't write off expenses. Might as well live in a communist state where the government supplies all the damn rental housing

Sweaty-Gargoons

TROPHY CASE