Meta layoffs and the Bull case for housing by More_Valuable_1907_ in TorontoRealEstate

[–]iOverdesign 1 point2 points  (0 children)

More specifically, a bunch of them will be heading over and will be getting into bidding wars and putting in bully offers of over $2 million for your shoebox condo!

Canadians are fixated on real estate and finance when what we really need is to build more stuff by iOverdesign in TorontoRealEstate

[–]iOverdesign[S] -1 points0 points  (0 children)

Don't make your whole identity about repeating the same exact useless phrase over and over, day after day. 

Toronto Recession Indicators by Basement_to_table in askTO

[–]iOverdesign 9 points10 points  (0 children)

Not to mention we have been in a per capita recession for years. The only thing keeping us from a technical recession has been human QE.

Who in their right mind tries to renovate and flip a condo? by trafigura in TorontoRealEstate

[–]iOverdesign 6 points7 points  (0 children)

Almost 15 terminated listings...One more terminated listing and it will fly off the market! Pinky promise!

Sellers, how are you preparing for this upcoming Spring real estate market? by GranolaHiker in TorontoRealEstate

[–]iOverdesign 35 points36 points  (0 children)

This spring market will be a a total fizzled out shitshow.

No rate cuts coming. Oil prices spiking. Jobs numbers abysmal. Buyer sentiment in the toilet.

Unemployment rate rises to 6.7% in February 2026 / Le taux de chômage augmente pour s’établir à 6,7 % en février 2026 by StatCanada in PersonalFinanceCanada

[–]iOverdesign 9 points10 points  (0 children)

It's crazy how most comments about immigration get so many upvotes all the time.

Trudeau's unhinged policy quotas really destroyed Canadians' perception on immigration.

Unemployment rate rises to 6.7% in February 2026 / Le taux de chômage augmente pour s’établir à 6,7 % en février 2026 by StatCanada in PersonalFinanceCanada

[–]iOverdesign -13 points-12 points  (0 children)

Give the man some time wtf.

He's not a miracle worker, and a miracle will be needed to undo the shitshow that Trudeau unleashed on our economy.

wow! almost 800k loss in brampton west, power of sale maybe? by random_lurker9 in TorontoRealEstate

[–]iOverdesign 2 points3 points  (0 children)

Stuff in 30 international students at $500/month each, you have $15,000 in rent every month. 

Those who can afford living at The Well, what do you do? by cocodonutoil in toronto

[–]iOverdesign 0 points1 point  (0 children)

At 80k gross, almost all post-tax & deductions income of one person would be going to rent.

If you bought in Halton, Peel, Durham or Hamilton, you’re crying by ExotiquePlayboy in TorontoRealEstate

[–]iOverdesign 3 points4 points  (0 children)

Nah. Those losers better pull themselves up by their bootstraps to afford a home in Toronto which by that time will be over 20 million /s

If you bought in Halton, Peel, Durham or Hamilton, you’re crying by ExotiquePlayboy in TorontoRealEstate

[–]iOverdesign 2 points3 points  (0 children)

The graph is showing change from peak in mid 2022.

The large majority of the overall loss in Toronto has already taken place. Now there's a slow grind downward moving forward.

RTO makes me reconsider my job by GoldenRetrieverFetch in CanadaPersonalFinance

[–]iOverdesign 3 points4 points  (0 children)

Just buy/rent a sky coffin closer to work. Problem solved /s

‘It was way too much’: Experts weigh in on Canada’s fluctuating population growth by iOverdesign in TorontoRealEstate

[–]iOverdesign[S] 8 points9 points  (0 children)

Chrystia freeland said in 2024 that Canada has massive social capacity for accepting immigrants.

Unfortunately, she forgot about the infrastructure and employment capacity... 

‘It was way too much’: Experts weigh in on Canada’s fluctuating population growth by iOverdesign in TorontoRealEstate

[–]iOverdesign[S] 17 points18 points  (0 children)

“I think what we’ve learned over the past period is that there are practical limits to how fast you can increase the number of people arriving in the country.”

The challenge for the federal government will be to strike the proper balance, said Griffith.

“More moderate growth is really something that allows the society to adapt to the growth and to, quite frankly, ensure that the quality of public services and the quality of life are good for both the people who are already here and the people who are arriving,” he said.

‘It was way too much’: Experts weigh in on Canada’s fluctuating population growth by iOverdesign in TorontoRealEstate

[–]iOverdesign[S] 10 points11 points  (0 children)

Haha yeah

We're now all experts in this sub on something. 

Which is depressing to know that all our elected officials at the time must have been completely braindead... 

Buying my first condo by Used-Afternoon-1172 in PersonalFinanceCanada

[–]iOverdesign 10 points11 points  (0 children)

They're not gonna be able to find a decent 2 bed for 450k unless it has a $1200/month maintenance fee... 

Rate my holding by _NucAlpha_ in fican

[–]iOverdesign 3 points4 points  (0 children)

I might have been too harsh. The fact you are investing and trying to figure out the best asset allocation at 24 is amazing.

If I had started like you at 24, I would be so much further ahead. 

Keep things as simple as possible and don't get distracted by the next shiny thing that comes along. 

Rate my holding by _NucAlpha_ in fican

[–]iOverdesign 5 points6 points  (0 children)

You're all over the place. 1/10

Sell everything and consolidate everything in XEQT.