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Search: Posts Made By: CanadaJimmy
Showing results 1 to 25 of 45
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Forum: The Maple Leaf
Sep 8th 2022, 7:22 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Pretty sure it's fundamentally rooted in how highly we restrict new construction, at least in BC. The ALR, Zoning, NIMBYism and so on. High interest rates aren't going to fix neighbourhoods locked in...
Forum: The Maple Leaf
Sep 7th 2022, 5:39 am
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Not sure about that. I bought my house for $850k, similar homes around here are still selling for $1.2 million. Not sure were are ever going back to that without a major increase in supply, which...
Forum: The Maple Leaf
Jul 14th 2022, 5:14 am
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

This is why the NDP is unelectable.
https://twitter.com/theJagmeetSingh/status/1547283818976927745
Forum: The Maple Leaf
Jul 13th 2022, 2:59 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

The Bank of Canada just announced a 1% rate hike. They aren’t messing around!
Forum: The Maple Leaf
Jun 25th 2022, 6:45 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Despite being the second largest country in the world, buildable land in Canada is made scarce by government policy and political pressure. Land is locked away by crown land and ALR/Greenbelt, zoning...
Forum: The Maple Leaf
May 24th 2022, 6:15 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Some people really did lose their minds:
https://www.cbc.ca/news/canada/sudbury/sudbury-josh-keyes-house-buyers-remorse-1.6461379

Bought a house in Sudbury, sight unseen. Ended up with a wreck.
Forum: The Maple Leaf
May 18th 2022, 10:30 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Actually more pointing the finger at the political class and media bias. I'm not a fan of Peterson and I was pleasantly surprised by the discussion. Of course, keep those critical thinking skills...
Forum: The Maple Leaf
May 18th 2022, 10:10 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

More than just housing discussed here, but I quite enjoyed this discussion between Jordan Peterson and Pierre Poilievre on housing and other issues facing Canada and kind of the root causes behind...
Forum: The Maple Leaf
Mar 21st 2022, 6:30 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Interesting testimonial on TikTok from a guy who runs a software company (and his doctor wife) who moved from Vancouver, BC to Estevan, Saskatchewan in order to reduce their housing costs....
Forum: The Maple Leaf
Mar 18th 2022, 5:23 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Pierre Poilievre is still putting other politicians to shame with his understanding of the housing crisis and his plan to fix it
https://www.youtube.com/watch?v=WRn4ma4tGjI

I consider myself...
Forum: The Maple Leaf
Nov 22nd 2021, 6:06 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Gross. These are indigenous people on land that doesn't have any formal treaty, and the supreme court even upheld a decision that they have the right to govern their own land due to this. Yes the...
Forum: The Maple Leaf
Nov 2nd 2021, 8:11 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Such a weird area to invest in, Phoenix can expand forever, not the kind of housing scarcity you get with green belt cities.
Forum: The Maple Leaf
Oct 27th 2021, 5:16 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

That would have been just enough to buy my old townhouse in Langley when I sold it in 2019 ($550k), and that was renovated. Now the same units unrenovated are selling for $680k+. It's just mind...
Forum: The Maple Leaf
Oct 25th 2021, 4:15 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

It's a true a lot of reason behind the housing shortage isn't just difficult councils and green belt/ALR, but also a lack of labourers and tradespeople. I think to solve the housing crisis Canada...
Forum: The Maple Leaf
Oct 20th 2021, 10:31 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

The current middle-class capitalistic/economic environment in the US and Canada has only really existed for around 1-2 generations, and we're already seeing the problem. People who got ahead 50-80...
Forum: The Maple Leaf
Oct 5th 2021, 6:41 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

That used to be the case, but since the advent of more remote work following covid, even smaller towns are seeing extreme rises in property prices because more people are earning city-salaries while...
Forum: The Maple Leaf
Oct 4th 2021, 3:30 am
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

In 1996 people would have probably scoffed at a quarter of a million dollars just for a regular house and said the market in Vancouver was crazy back then, even though it's nothing compared to now.
Forum: The Maple Leaf
Oct 1st 2021, 10:07 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

I found this post on the Canada Housing reddit quite significant
https://www.reddit.com/r/canadahousing/comments/pza4ld/from_a_canadian_millennial_perspective_i_just/
Forum: The Maple Leaf
Oct 1st 2021, 2:37 am
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

That's been going on a fair bit here too. Someone tried to steal one on my street too but took the muffler instead, guess they got confused, lol.
...
Forum: The Maple Leaf
Sep 30th 2021, 9:24 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Yep when I moved to Canada in 2009 it was $850/mo for my brand new apartment in Surrey near the Skytrain, that went up to $880/mo the following year. At the time even that was considered expensive,...
Forum: The Maple Leaf
Jul 6th 2021, 5:22 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

The saddest part is several years ago they hired a fantastic urban planner, Brent Toderian, to rework the Abbotsford city plan called "Abbotsfwd". It was to allow for infill in suburban areas which...
Forum: The Maple Leaf
Jun 12th 2021, 5:22 am
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

I like that technique of assessing his skills! But yep not just housing costs but also childcare. Canada is an expensive place to have a family, even with free healthcare.
Forum: The Maple Leaf
Jun 10th 2021, 7:40 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

That's the case for where I work, they have stated a big reason they have the office here is the salaries they have to pay are much lower than in the states. Still pay comparatively well though and...
Forum: The Maple Leaf
Jun 9th 2021, 10:48 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

Re: real estate prices in Canada sustainable?

Hong Kong. https://www.bloombergquint.com/business/hong-kong-homes-ranked-world-s-least-affordable-for-11th-year
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iBFW01LeM10c/v0/1200x-1.png
Forum: The Maple Leaf
Jun 9th 2021, 4:56 pm
Replies: 1,030
Views: 80,036
Posted By CanadaJimmy

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....
Showing results 1 to 25 of 45
 
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