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  1. Ex-Montreal Girl

    Baby, we got a bubble!?

    One of these days I'll use my math skills and come up with an algorithm along the lines of: Fees are a function of the age and condition of the building times the reserve fund requirements divided by (the number of units that divide the costs and the square footage of the units) plus the staff...
  2. Ex-Montreal Girl

    Family Sized Condos

    Yes-in-my-backyard: the new mantra of young urbanites pushing for denser development <YIMBYs are young urbanites responding to the city’s affordability challenges with a “yes-in-my-backyard” response to denser development. They are demanding family-sized condos, the conversion of single-family...
  3. Ex-Montreal Girl

    Baby, we got a bubble!?

    Toronto Star: Here's why you're not going to get that starter house, city planner says <A recent TRBOT survey, on the housing preferences of would-be home buyers, shows how out-of-step with reality the perceptions of starter homes are, Keesmaat said. The research showed that 81 per cent of...
  4. Ex-Montreal Girl

    Riverdale

    I have no idea why that locale consistently fails
  5. Ex-Montreal Girl

    Baby, we got a bubble!?

    Hmmmm .... Nine Things the Real Estate Industry Doesn’t Want You to Know
  6. Ex-Montreal Girl

    Baby, we got a bubble!?

    Incidentally, this was in Maclean's: Praying for a real estate crash: The have-nots of housing are watching, mad as hell, as homeowners glory in their paper fortunes. And they’re starting to lash out. <One way for price growth to halt or even fall is for interest rates to rise. But...
  7. Ex-Montreal Girl

    Baby, we got a bubble!?

    If our dollar becomes stronger, as I understand it, then our goods become more expensive. It will be harder to export our manufactured goods -- at least on the face of it. But you are correct. I should have written "Higher interest rates usually translate to less expensive imports, as in cost...
  8. Ex-Montreal Girl

    Why Montreal rental rates are so lower than rest of the nation?

    Montrealers are sharing information about how much they pay to rent their apartments on a new website -- and some landlords in the city are upset about it.
  9. Ex-Montreal Girl

    Baby, we got a bubble!?

    Economics 401. Not my best subject in business school but ... Expansion-v-contraction. Recession-v-depression-growth What goes up must come down. Boom and bust cycle. High interest rates usually translate to reduced exports because of a stronger dollar. High interest rates usually translate to...
  10. Ex-Montreal Girl

    Family Sized Condos

    The only building that comes to mind (right off the bat) is the Manulife Center. It's been made over, has great amenities, awesome location (if you like being Right. Down. Town.), master ensuite but no insuite laundry. I'd be lost without that myself.
  11. Ex-Montreal Girl

    Riverdale

    I can't forgive them for running out of lime for Margaritas on a Saturday.
  12. Ex-Montreal Girl

    Baby, we got a bubble!?

    We all faced -- and face -- our own problems. An MBA might be needed today whereas a BA would have sufficed in the 60s-70s and a high school diploma in the 40s and 50s. Things change. But nepotism was always there. Always. Consider also the size of houses. Look at the typical East York...
  13. Ex-Montreal Girl

    Is my superintendent getting paid too much?

    We are having this debate right now. We can't offer a super suite which would mean a lower salary in exchange for housing. We figure it would cost us $60,000 plus, not to mention insurance, benefits, etc. And then there's the challenge of find the right person. Our contract guy, a glorified...
  14. Ex-Montreal Girl

    Family Sized Condos

    Just out of curiosity: why "new builds?" Old builds are larger and more-solidly constructed as a rule. They also have actual kitchens and closets. :)
  15. Ex-Montreal Girl

    Riverdale

    I'm a fan of Mexican, at least "junk food" Mexican. There's actually no shortage of it in the hood. For nachos, burritos, churros etc. we tried Fernando's Hideaway, south side, just east of Shoppers between Pape & Jones. A killer Margarita. We've been to El Sol further east but they actually...
  16. Ex-Montreal Girl

    Baby, we got a bubble!?

    Your whole post reeks of entitlement. Yeah, I'm a nasty baby boomer and I created this mess with my masters degree (hubby has one too) and our "incredible wealth" that had me slinging burgers all through university, every weekend and summer holiday. It's all our fault that lemmings are now...
  17. Ex-Montreal Girl

    Baby, we got a bubble!?

    Entitlement indeed. Seriously? Capital gains from all real estate including principal residence? Only the richest would ever move. Only the richest would ever upgrade. Corporations transferring employees would have to pick up the tab for that, on top of moving expenses, real estate agent and...
  18. Ex-Montreal Girl

    Baby, we got a bubble!?

    They've run out of headlines screaming about new records being set. So now they're making mountains out of molehills. Anybody reading those headlines would think the sky is falling. But it's not. The rate of growth has slowed, most likely temporarily.
  19. Ex-Montreal Girl

    Baby, we got a bubble!?

    Frankly, I think the media are just sensationalizing a few blips. "That faint hissing sound — music to the ears of Toronto home buyers — could be the air escaping the region's housing market. It could also be the barely concealed frustration of sellers, who listed their homes this spring...
  20. Ex-Montreal Girl

    The Beach(es)

    Maybe they're all hoping to take those empty buildings and sell to condo developers?

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