The Official Toronto Discussion Thread

jdubnyce

Veteran
Supporter
Joined
May 1, 2012
Messages
55,486
Reputation
14,608
Daps
257,513
Reppin
t-dot till they bury me

RedCloakBlackWraithe

.....
Supporter
Joined
Aug 30, 2015
Messages
19,125
Reputation
3,534
Daps
39,141

85 East

DJ D'eeznuts
Joined
May 21, 2012
Messages
5,631
Reputation
2,183
Daps
19,228
expound breh, curious to read your insights if you don't mind.

The 30 year mortgage on that house alone will be nuts. The price of house sales is going to drive the rental market to unaffordable rates... Go back and listen to Bare Naked Ladies "If I Had a Million Dollars". You'd have to rename it "If I Had Ten Million Dollars" now. Toronto and the GTA are crazy expensive.
 

MikelArteta

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
255,612
Reputation
32,657
Daps
781,155
Reppin
Top 4
FDdP7mnWEAU2Q4m
 

RedCloakBlackWraithe

.....
Supporter
Joined
Aug 30, 2015
Messages
19,125
Reputation
3,534
Daps
39,141
The 30 year mortgage on that house alone will be nuts. The price of house sales is going to drive the rental market to unaffordable rates... Go back and listen to Bare Naked Ladies "If I Had a Million Dollars". You'd have to rename it "If I Had Ten Million Dollars" now. Toronto and the GTA are crazy expensive.
true indeed, more people will move out the city into smaller suburbs to live. or people gonna be more cutthroat to get theirs.
 

JLova

Veteran
Supporter
Joined
May 6, 2012
Messages
60,022
Reputation
4,552
Daps
182,242
The 30 year mortgage on that house alone will be nuts. The price of house sales is going to drive the rental market to unaffordable rates... Go back and listen to Bare Naked Ladies "If I Had a Million Dollars". You'd have to rename it "If I Had Ten Million Dollars" now. Toronto and the GTA are crazy expensive.

supply and demand. When people immigrate to Canada they are going to Toronto and Vancouver. We like to bring in Immigrants from China, India, Saudi Arabia…that part of the world and thry aren’t the poor ones. Thry are coming with money and buying homes. It will get worse as long as we go ape shot on immigration and keep supply low.

A lot of people can’t afford to move or upgrade to bigger homes. It is too expensive to do thry stay where they are thus limiting supply.

rents will certainly go up but I told y’all years ago to invest in property.
 

MikelArteta

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
255,612
Reputation
32,657
Daps
781,155
Reppin
Top 4
We gotta have the most expensive suburbs on the planet. Everywhere is expensive even going 1.5 hours out. Moving to the burbs is old news.


We do
Look at Manhattan you can still find something affordable in queens
 

85 East

DJ D'eeznuts
Joined
May 21, 2012
Messages
5,631
Reputation
2,183
Daps
19,228
true indeed, more people will move out the city into smaller suburbs to live. or people gonna be more cutthroat to get theirs.

Thats the thing though, post Covid-19, the suburbs are almost as expensive, and sometimes more. Plus, the further out you go, the less work options you'll have, unless you work from home. How are students affording this shyt. All of it is a recipe for serious disaster.
 

MikelArteta

Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
255,612
Reputation
32,657
Daps
781,155
Reppin
Top 4
Thats the thing though, post Covid-19, the suburbs are almost as expensive, and sometimes more. Plus, the further out you go, the less work options you'll have, unless you work from home. How are students affording this shyt. All of it is a recipe for serious disaster.

i mean this is guelph for crying out loud
699 for a semi detached, 100km away from toronto

Check out this listing
 
Top