Search results

Or it could mean 2016-2017 with Oil hitting $20 handle, US and global recession, CAD$ testing new multi-decade lows and BoC having to cut rates to below zero bound and then having to desperately raise rates to defend a tanking currency. Only time will tell...

It will end in tears for many.

Of course prices are insane. Markets of all kinds can stay irrational longer than anyone can stay solvent. Last I checked I don't see a high paying job boom in Toronto or Vancouver. New grads are coming out of school are either living in mom/dads basement or if they were lucky to get a job then...

I doubt the idea that prices won't go down dramatically. Assets of all kinds can stay irrational longer than you can time a top. There is virtually no chance incomes rise in Canada to support housing valuations, given the oil backdrop, global economic slump and the fact most of the output in...

This all seems crazy. From my social circle, which is composed of 35-40 year old couples, I can say that everyone is *all in* the market. Leveraged to the max with the assumption that both husband+wife jobs are safe indefinitely with promotion increases embedded in. I've lost my job 2 times in...

Thanks all for the great feedback. I will followup with my developer (Context) and my agent to see if there are parking spots available for purchase. Hopefully things go smoothly, although there appears to be a lot of product coming onto the market. I was just browsing through mls and there is a...

I know some of you guys have commented about this in the past, but I haven't found a general consensus on the topic. I have a 2 bedroom, 2 bathroom unit in the Spire. You guys are fairly familiar with the details of the building. Great location as it is in walking distance to all of the...