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  1. Replies
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    [/B] I agree the long term trend was up. ...

    [/B]

    I agree the long term trend was up. Also, Toronto benefitted tremendously in the 70's and 80's from the Montreal mass exodus as your name suggests you are acutely aware of.
    $289 to $215 is...
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    To your and Ex Montrealer Girls comment Eug: I...

    To your and Ex Montrealer Girls comment Eug:
    I think the greatest disservice to a whole generation of younger people is the HGTV channel. The expectation is that granite, SS appliances, marble...
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    To your first point about the costs, I agree that...

    To your first point about the costs, I agree that with increasing costs more and more money will go to lodging. However, we see that in all major cities around the world. There will be people who...
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    I will respond quickly as this is off topic and...

    I will respond quickly as this is off topic and the mods may get upset. I am by no means an expert.
    First of all Tanking is a gross exaggeration (it was 4% in Portugal, Germany and France 1.5%,...
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    Great post Condo George. 1 point though. The...

    Great post Condo George.
    1 point though. The wealthy are sitting on more cash than at any time in recent years and not investing large amounts. Perhaps it is because the wealthy have a lot of...
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    ^^^ "But it's not like I am getting a statement...

    ^^^
    "But it's not like I am getting a statement every month and going, "Oooooo, look at how much I made in interest!" the way I might have in my parents' time.

    If I understand banking correctly,...
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    ^^^ I am old enough Ex-Montreal Girl that I...

    ^^^
    I am old enough Ex-Montreal Girl that I believe you buy what you can afford to purchase as opposed to what you can afford to carry.
    I am constantly amazed watching my kids friends....they only...
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    From the National Post on line quoting the New...

    From the National Post on line quoting the New York Times:

    I believe this article summarizes my feelings and why those who are smug about real estate should appreciate that this is a phenomenon...
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    ^^^ ExMontreal Girl: Thanks for showing the...

    ^^^
    ExMontreal Girl:
    Thanks for showing the other side. And mortgage lenders have a vested interest to be quiet.
    The reality is that if the governments had not lowered interest rates with QE I...
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    Condo George: Like most pendulums, the real...

    Condo George:
    Like most pendulums, the real estate pendulum will overswing in both directions.
    I personally don't know if/when real estate will correct. I suspect it will. Psychology plays a...
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    As a small landlord with a few properties that I...

    As a small landlord with a few properties that I manage, you need a few good people for appropriate repairs unless you are very handy. It is easy until it is not. Bad renters, non payment can all...
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    Depending on your usage is the question. If it is...

    Depending on your usage is the question. If it is as a rental, do the math and decide if the return makes sense.. If you wish to live there then it is quite reasonable. Please note that this...
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    TheKingEast: We have to remember as has been...

    TheKingEast:
    We have to remember as has been mentioned before that often older buildings have the utilities included such as hydro so part of the higher number is misleading. Also, depending on...
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    Provided you are talking a large building with...

    Provided you are talking a large building with lots of units/sq.footage.
    The norm is closer to $0.60/sq.ft. I am told these days.
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    ^^^ Thanks theKingEast: Are you are looking...

    ^^^
    Thanks theKingEast:

    Are you are looking for this as a place to live or to rent out or are you just following the market and commenting in general?
    I ask as I believe the criteria change a...
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    ^^^ TheKingEast. Can you give a couple of...

    ^^^
    TheKingEast.
    Can you give a couple of examples of prices that you feel are over ask that you would be seriously considering.
    I am curious basically as to what you think is a reasonable 2...
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    Perhaps I could shed some light on this. As Ka1...

    Perhaps I could shed some light on this. As Ka1 correctly pointed out, parking is usually a common element which is assigned exclusive usage to the owner. The parking spot may be assigned or at...
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    I have been quite happy with Plazacorp buildings....

    I have been quite happy with Plazacorp buildings. Both buying and aftermarket care.
    They may not be the most beautiful outside but they are good mid range quality at a fair price.

    Tridel is of...
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    Can you elaborate without necessarily naming the...

    Can you elaborate without necessarily naming the building (unless you feel comfortable doing so) what other factors have lead to the stagnant investment. If you prefer not to, I understand. Also,...
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    No one gets every investment right...except those...

    No one gets every investment right...except those who do no investing at all. Sooner or later you buy something that ends up not performing as expected. I like you, TheKingEast have mainly...
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    I agree with you totally. A rising tide raises...

    I agree with you totally. A rising tide raises all ships.
    Eventually there will be a reconning when the liquidity has to be removed. However, I suspect bonds, stock market and real estate will all...
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    The reality here is that this is a middle man...

    The reality here is that this is a middle man adding a cut. However, to blame Condo George I hardly think is fair.
    The developers (business people) have figured out I imagine that a good use of...
  23. Still in sales. Approximately 65% sold is what I...

    Still in sales.
    Approximately 65% sold is what I was told about2 weeks ago.
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    ^^^ I just heard that Investor's Group (IG) is...

    ^^^
    I just heard that Investor's Group (IG) is offering a 3 year variable of 1.99%.
    Apparently one still has to qualify for 5 year rates and higher rates but still this is supposedly the lowest...
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    ^^^^^ CN Tower.... a very logical post. I don't...

    ^^^^^
    CN Tower.... a very logical post.
    I don't remember exactly but I believe around 2010 avg. downtown TO condo must have hit $500+/sq.ft. In any event, that was the $ amount for me at which it...
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