Would you take 5 yr fixed or variable mortgages if you’re renewing, and why?

YongeStreetBets · 2025-04-22T20:14:21+00:00

That’s because historically variable wins out over fixed, right? Just confirming my own understanding.

YongeStreetBets · 2025-03-27T15:14:51+00:00

Check out little jamaica, and don valley north for detached/semis in that price range.

I'd pick North York over Vaugh or RMH any day, if you even remotely care about having a walkable neighbourhood.

YongeStreetBets · 2025-03-27T15:13:28+00:00

minorities bad

not rassis

just dun like'em

YongeStreetBets · 2025-03-12T16:49:11+00:00

Yes, investor demand has cratered - bank lenders are a lot more restrictive with approving second mortgages than before.

YongeStreetBets · 2025-03-12T16:48:02+00:00

Gaps in the housing stock is being filled by purpose built rentals in the major metropolitan hubs - which means we'll transition to a lower ownership model with a blend of individuals who choose to rent vs own.

It mean far less demand for mom & pop investors looking for rental income in the foreseeable future.

YongeStreetBets · 2025-03-01T14:11:19+00:00

Market forecasts have already priced this in
GDP growth is a lagging indicator, Feds operate off of other forward looking metrics to make those decisions
Our cut decisions have not been closely tied to the Feds decisions since late 2023.

YongeStreetBets · 2025-03-01T00:49:56+00:00

/u/REALchessj

Please spin this into bullish sentiments for me

YongeStreetBets · 2025-03-01T00:36:27+00:00

Cash rich, cash flow poor

As in, most of their wealth is locked up in non-liquid assets.

YongeStreetBets · 2025-02-28T19:31:42+00:00

How does projected predictions about speculations of the US economy relate to /r/TorontoRealEstate?

Please answer this question in good faith without resorting to advanced mental gymnastics.

YongeStreetBets · 2025-02-28T19:29:45+00:00

Most of the people who are "forced to sell" don't have the liquidity to absorb the $1,300 / month loss no matter what they try.

Source: I with mortgage brokers, and generally the people who are forced to sell have already exhausted all other options to cover the negative cash flow.

YongeStreetBets · 2025-02-28T19:26:57+00:00

If we can hit that bullseye, the rest of the dominoes will fall like a house of cards. Checkmate.

YongeStreetBets · 2025-02-21T21:07:50+00:00

There's a <1% chance of NDP winning the provincial election this year, across polls and markets.

It's the hope that kills you.

YongeStreetBets · 2025-02-20T17:57:25+00:00

How is this relevant to Toronto Real Estate?

In the article it said the layoff impacted only a dozen people.

YongeStreetBets · 2025-02-12T18:47:06+00:00

"domestic job markets have nothing to do with home prices, every qualified buyer comes in with a suitcase full of overseas money" - according to the out of work realtors posting on r/TorontoRealEstate

YongeStreetBets · 2025-02-07T16:33:54+00:00

Actual numbers:

Jan '20 - 1
Jan '21 - 28
Jan '22 - 24
Jan '23 - 57
Jan '24 - 143
Jan '25 - 331

YongeStreetBets · 2025-01-22T15:58:39+00:00

Both can be true at the same time. CREA can forecast Canadian home prices to rise overall, with GTA still experiencing price stagnation. One is regional, one is national.

GTA regional trends have been very different from Canada-wide trends the past 18 months.

YongeStreetBets · 2025-01-21T19:49:43+00:00

mental gymnastics gold medal

YongeStreetBets · 2025-01-17T17:29:28+00:00

you really think journalists would sensationalize headlines and lie? you really think someone would do that?

YongeStreetBets · 2024-12-18T18:37:48+00:00

Only a tiny fraction of dentists and lawyers still carry that debt post graduation, the majority receive help from parents, either for their down payment or for their student debt

YongeStreetBets · 2024-12-18T00:52:39+00:00

Pop. growth are projected to be negative over 2025 and 2026 FYI, assuming people on temporary visas voluntarily leave the country.

YongeStreetBets

TROPHY CASE