real estate prices in Canada sustainable?
May 26th 2021, 3:04 pm
#526
Assimilated Pauper
Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: real estate prices in Canada sustainable?
This was us 4 years ago 100%. Small flat in NW London zone 3, wanting to stay within London if in UK, and facing ~700k GBP differential to buy a decent house. So in moving to Toronto the deciding factor was cheaper housing.
We ended up keeping the flat and buying a detached house (well, bungalow) in Clarkson, 23 mins train ride to Union. It's not like for like with London location, but it was much better bang for your buck.
Now in past 18 months prices have gone crazy here too, but still can't think of anywhere equivalent near London where you can have a detached home with decent outdoor space for close to current Toronto prices.
We ended up keeping the flat and buying a detached house (well, bungalow) in Clarkson, 23 mins train ride to Union. It's not like for like with London location, but it was much better bang for your buck.
Now in past 18 months prices have gone crazy here too, but still can't think of anywhere equivalent near London where you can have a detached home with decent outdoor space for close to current Toronto prices.
May 28th 2021, 9:52 pm
#528
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Re: real estate prices in Canada sustainable?
Jun 6th 2021, 2:19 pm
#529
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Location: Somewhere between Vancouver & St Johns
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Re: real estate prices in Canada sustainable?
Last edited by Former Lancastrian; Jun 6th 2021 at 2:21 pm.
Jun 6th 2021, 2:38 pm
#530
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Location: Moncton, NB, CANADA
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Re: real estate prices in Canada sustainable?
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Jun 6th 2021, 2:49 pm
#531
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Location: Somewhere between Vancouver & St Johns
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Re: real estate prices in Canada sustainable?
Essentially pic was of a couple in a kitchen with a realtor and top caption 800 thousand for this can you show us something closer to a million and the bottom caption sure come back tomorrow and I will show you this house again.
Jun 8th 2021, 6:44 pm
#532
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Re: real estate prices in Canada sustainable?
Garage is now a mini coach home it appears in Vancouver, great deal, 260sq feet and only $1,200 per month.
https://vancouver.craigslist.org/van...333462854.html
https://vancouver.craigslist.org/van...333462854.html
Jun 8th 2021, 6:58 pm
#533
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Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: real estate prices in Canada sustainable?
Garage is now a mini coach home it appears in Vancouver, great deal, 260sq feet and only $1,200 per month.
https://vancouver.craigslist.org/van...333462854.html
https://vancouver.craigslist.org/van...333462854.html
I'm told that the market for houses in Vancouver has now slowed to the point that one can now tour a house for sale without first bidding on it!
Jun 8th 2021, 11:23 pm
#534
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Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: real estate prices in Canada sustainable?
Anyway, I'll see your $1200/month. This is six thousand pounds
https://www.knightfrank.co.uk/proper...x/beq012032230
a week.
https://www.knightfrank.co.uk/proper...x/beq012032230
a week.
Jun 9th 2021, 2:21 am
#535
Dive Bar Drunk
Joined: Nov 2006
Location: Toronto
Posts: 8,648
Re: real estate prices in Canada sustainable?
Anyway, I'll see your $1200/month. This is six thousand pounds
https://www.knightfrank.co.uk/proper...x/beq012032230
a week.
https://www.knightfrank.co.uk/proper...x/beq012032230
a week.
But the laddered book shelf would be cool to show off.
Jun 9th 2021, 2:54 am
#536
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Posts: 3,363
Re: real estate prices in Canada sustainable?
https://www.knightfrank.co.uk/proper...1/WIN012110764
This has 'escape to the country' written all over it.
This has 'escape to the country' written all over it.
Jun 9th 2021, 10:54 am
#537
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Joined: Mar 2005
Location: Ontario
Posts: 40,018
Re: real estate prices in Canada sustainable?
https://www.knightfrank.co.uk/proper...1/WIN012110764
This has 'escape to the country' written all over it.
This has 'escape to the country' written all over it.
Last edited by dbd33; Jun 9th 2021 at 10:57 am.
Jun 9th 2021, 4:56 pm
#538
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Joined: May 2009
Location: Langley, BC
Posts: 1,954
Re: real estate prices in Canada sustainable?
I don't support the conservative party but I have to concede that Pierre Poilievre has been absolutely killing it with his speeches in parliament on the housing crisis.
Jun 9th 2021, 5:56 pm
#539
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Re: real estate prices in Canada sustainable?
I don't support the conservative party but I have to concede that Pierre Poilievre has been absolutely killing it with his speeches in parliament on the housing crisis.
https://www.youtube.com/watch?v=7hn2b5-50go
https://www.youtube.com/watch?v=7hn2b5-50go
Good speech and I generally can't stand conservatives.
And he isn't wrong on how slow things work in Canada for permits, its long been an issue for developers at the glacial speed things move in city's across the country.
Considering the delays and glacial speed the food bank has encountered, I can only imagine what the reality is like for those actually wanting to tear down and build something else.
https://dailyhive.com/vancouver/grea...-permit-delays
Last edited by scrubbedexpat091; Jun 9th 2021 at 6:09 pm.
