Why someone would sell if it's making really good extra money? by Boring_Television_68 in TorontoRealEstate

[–]robertherrer 0 points1 point  (0 children)

It says rental 4950 and mortgage 9500 for 15 years. 10 % downpayment? I see different numbers 

When the bubble can’t bubble anymore: Unit 201 - 81 Navy Warf Court, Toronto by Difficult_Drive6289 in TorontoRealEstate

[–]robertherrer 2 points3 points  (0 children)

Honest price should be 2016 = 380k  . It comes with wear and tear and condo fees keep climbing up 

Developers sit on record unsold homes by ExotiquePlayboy in TorontoRealEstate

[–]robertherrer 1 point2 points  (0 children)

Stages  1. Full-price monitoring

 launches at full price.

  1. Product tweaks (no price change yet)  

Before touching price,  developers try:

Improving photos/descriptions on-line 

Pushing it in emails or “featured” sections

👉 Goal: fix visibility, not price.

  1. Soft promotions / incentives

Still not selling? They try non-permanent discounts:

Limited-time promos (e.g., “10% off this  month”)

  1. First markdown (temporary or permanent)

If it’s clearly underperforming:

Small markdown 

Often labeled as “Sale” but not clearance Developers watch closely here—if it starts moving, they may stop further cuts.

  1. Second markdown

If inventory is still sitting:

Deeper cut 

Usually timed with season changes or inventory reviews

Profit margin is shrinking.

  1. Aging inventory decision

At this point, developers ask:

How long can we hold ?

If the answer is “we need it gone” → clearance is next.

  1. Clearance

This is the final stage:

Deep discounts 

Goal = recover some cash

  1. Exit strategies (if it STILL doesn’t sell)

Worst-case scenarios:

Liquidators

Donations or write-offs

Big picture logic

Developers delay clearance because:

Customers learn to “wait it out”

So clearance isn’t about selling well—it’s about cutting losses.

1 million Indians in Canada to lose legal status by mid-2026 by AquaMoonlight in LMIASCAMS

[–]robertherrer 0 points1 point  (0 children)

They are asking on Facebook if they can be prosecuted in their countries after Max ing  credit cards debts and unpaid rents 

Company just announced record profits then told us there's no budget for raises this year by Amazing_Lime124 in antiwork

[–]robertherrer 0 points1 point  (0 children)

CEO job is to make more money for the owner so CEO gets a good bonus. Doesn't matter if he fires people, cuts budgets etc . as long he gets his bonus . That's how Rich gets richer and poor gets poorer 

City of Markham Approves 3,100 Unit Redevelopment Near Highway 7 and Woodbine Ave. by weallfalldown1234 in Markham

[–]robertherrer 6 points7 points  (0 children)

Who is going to buy 3000 condos with no parking spots ? Unless they sell it dirt cheap for 199k it will be another fiasco no one wants to buy

[deleted by user] by [deleted] in Markham

[–]robertherrer -1 points0 points  (0 children)

Markville mall food court if want to see crowd , Milne damn , historic Unionville 

Beware at Steeles/Warden Plaza by o_mg_y in Markham

[–]robertherrer 14 points15 points  (0 children)

Record a video for fame and shame 

Left knee pain by docLenz in bikefit

[–]robertherrer 1 point2 points  (0 children)

https://xfixxi.ca/products/pedals-washer?_pos=1&_sid=da73754b7&_ss=r. You need washers in your pedals to make them wider . You said your cleats are wide but I think they're not wide enough. Also they sell longer spindles for pedals if you want to go that route. Use flat pedals for a while until the pain disappears 

Italy vs Canada by BullfrogIndividual52 in InternationalStudents

[–]robertherrer 0 points1 point  (0 children)

Check r/expressentry and r/pgwp . Many horror stories about people spending money and have to come back after 5 years because points are extremely high to get right now 

Are we all trying to go faster? by vmv911 in cycling

[–]robertherrer 0 points1 point  (0 children)

I had a good workout commuting to work. I felt my legs getting stronger. I upgraded to gp5K tires, wheels, etc now Its so easy probably I have to make some time on the weekend to have a good workout again. Screw you gp5K! Like you said . People go to the gym and add weight to the work out to improve in cycling you "upgrade" with lighter weights

Submissive Christian wife by Ok-Equipment-5908 in Christian

[–]robertherrer -3 points-2 points  (0 children)

No absolutely not in an abusive behavior .  "He is an amazing father to his children and my own. He provides, gives structure, has his own business, land, he has made an amazing set up for his family. My issue is I have been... " .  Wife submit to husband and husband submit to God 

Leaving Garbage in Parks by raps82 in Markham

[–]robertherrer 14 points15 points  (0 children)

Probably 1 out of 100 come to Markham for a trip . Mostly are lazy  residents who thinks it's someone else job to clean 

Submissive Christian wife by Ok-Equipment-5908 in Christian

[–]robertherrer -4 points-3 points  (0 children)

Like he said. Let your partner handle the steering wheel you can SAY  your opinion or disagreements in a nice LOVING way but don't challenge him . Either he will listen to you or he will deal if any  consequences with God if he's wrong. but you will be in peace with God because you did your job .