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COVID and the housing market
- Thread starter mimico_polak
- Start date
DownUnder
Well-known member
Wait, there are bug protections in some religions? Another reason to never live in a condo...
Every living thing, made in sky beings image/design, yadda yadda yadda.
Hell I'd buy it if I had the firepower. But I don't.Just buy my property and become TO land baron. Problem solved.
So close to my parents...maybe a little too close. 18km is a nice number as my mom won't be over every day.
I’ll get you guys a discount.This is my dilemma too!
My current rental situation is actually amazing and cheap... Do we continue living here until we get the big down payment or get us a 2 bedroom condo and in five years move up
Five years isn't a long time in real estate investing. Could you bear the 2BR for 10 years?
Hell if I could sell mine for 1.6 I’d move to your area in a heartbeat if I could make it work.
Similar house but smaller lot on a busier street.
That’s the problem. My house is fairly small but the lot and street is amazing.
Will be tough to repeat.
Not covid related just more nimby crap. Someone built a max building envelope house in richmond hill and the neighbours freaked out. They want zoning changed to allow them to comment on proposals before they are approved even if they comply with zoning. Holy fack would that ever be a disaster.
Now, the house is big but if the city wanted to address that, it should have been through zoning that didnt allow an 11m tall flat roof house.
www.thestar.com
:format(webp)/https://www.thestar.com/content/dam/localcommunities/richmond_hill_liberal/news/2022/08/04/such-an-eyesore-richmond-hill-resident-raises-concerns-about-monster-home-under-construction-in-don-head-village/10682459_RHmonsterhouse.JPG)
:format(webp)/https://www.thestar.com/content/dam/localcommunities/richmond_hill_liberal/news/2022/08/04/such-an-eyesore-richmond-hill-resident-raises-concerns-about-monster-home-under-construction-in-don-head-village/10682050_RHMonsterHomeLundStreet072622ss1.JPG)
Now, the house is big but if the city wanted to address that, it should have been through zoning that didnt allow an 11m tall flat roof house.
‘Such an eyesore:’ Richmond Hill resident raises concerns about monster home under construction in Don Head Village
Measuring 11-metres high and 19-metres deep, the single-family detached home being built on Lund St. can be spotted from a mile away towering over the regular-sized houses along the quiet
www.thestar.com
This is basically Whitby north of 2 now. Go up Cochrane from the main street and this is exactly what you see.Not covid related just more nimby crap. Someone built a max building envelope house in richmond hill and the neighbours freaked out. They want zoning changed to allow them to comment on proposals before they are approved even if they comply with zoning. Holy fack would that ever be a disaster.
Now, the house is big but if the city wanted to address that, it should have been through zoning that didnt allow an 11m tall flat roof house.
‘Such an eyesore:’ Richmond Hill resident raises concerns about monster home under construction in Don Head Village
Measuring 11-metres high and 19-metres deep, the single-family detached home being built on Lund St. can be spotted from a mile away towering over the regular-sized houses along the quiet
How do you legislate taste? Someone built a modern looking house in the traditional Kingsway area. It was referred to as the LCBO.Not covid related just more nimby crap. Someone built a max building envelope house in richmond hill and the neighbours freaked out. They want zoning changed to allow them to comment on proposals before they are approved even if they comply with zoning. Holy fack would that ever be a disaster.
Now, the house is big but if the city wanted to address that, it should have been through zoning that didnt allow an 11m tall flat roof house.
‘Such an eyesore:’ Richmond Hill resident raises concerns about monster home under construction in Don Head Village
Measuring 11-metres high and 19-metres deep, the single-family detached home being built on Lund St. can be spotted from a mile away towering over the regular-sized houses along the quiet
Some people bought Pontiac Azteks
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Mad Mike
Well-known member
Wah wah. When you move into a neighborhood it's on you to understand zoning.Not covid related just more nimby crap. Someone built a max building envelope house in richmond hill and the neighbours freaked out. They want zoning changed to allow them to comment on proposals before they are approved even if they comply with zoning. Holy fack would that ever be a disaster.
Now, the house is big but if the city wanted to address that, it should have been through zoning that didnt allow an 11m tall flat roof house.
‘Such an eyesore:’ Richmond Hill resident raises concerns about monster home under construction in Don Head Village
Measuring 11-metres high and 19-metres deep, the single-family detached home being built on Lund St. can be spotted from a mile away towering over the regular-sized houses along the quiet
In my hood, every 1500 sq' 60s era bungalow that sells get torn down and replaced with a 4000-6000 sq' monster.
Sell and move if you are offended.
ifiddles
Well-known member
You may think differently about that if you had a 1000 sq ft house on a huge lot. Really limits the sale price and how you can use the land you own. Having to sell and move because you arent allowed an addition even though you have tons of space and setback would be infuriating. Why would you have to move anyway if a neighbour builds bigger? You do what you want with your lot and leave others alone. Everybody wants autonomy over their own lot yet feel they can also tell their neighbour what they can or cant do with their property.
I am ok with things changing with time. Maybe not as much as rh allowed in this instance. I suspect they screwed up and anticipated conventional roof which would be visually much smaller. Now that one monster has been built, expect the rest of the neighbourhood to follow and that will be the new normal. It will look like forest hill in a few decades (and be priced in that ballpark).
Mad Mike
Well-known member
You don't have to move. I have a 12,000sq' lot in Markham village. If I sell, my 1500 sq' bungalow gets demod for a p 6000 sq' home - no committee of adjustment hearings.
Won't match neighbours but 15 years from now it will blend in. Someone has to be first.
One of the problems in the general lack of housing is simply not allowing to build bigger multiple family dwellings.
I’m all for keeping my street the way it is, but until we / municipality start allowing low level medium density housings to be built we will not see any good changes in affordability or availability.
I figure my lot could house a low level 3 story condo. But the neighbours would never allow it.
Frankly I’d be against my neighbour doing the same thing. And that’s a major part of the problem.
As for the giga house here…insanity but if it’s allowed and within the rules…too bad for the neighbours.
You all remember this thing?
www.thestar.com
Brampton orders monster home torn down
The city may itself have goofed in allowing a 6,600-square-foot house in a neighbourhood of more modest homes, but it now wants it demolished.
www.thestar.com
T
If someone bought into our neighbourhood, demolished a modest house and built a monster they would have over $3 million invested and it wouldn't sell anywhere near that. People that buy $3 M houses want to associate with other $3 M people. In 15-20 years it may work out but there will be years of lost ROI.
There are exceptions where someone is determined to live in a mega house at modest price. They go rural and the million they save on the lot goes into the house. Then they b**** about farm smells.
That said, a neighbour did a major renovtion that doesn't suit the existing mid century look of the hood. IMO a poor investment value but if someone wants attention it works.
The neighbor behind me had to put in a retaining wall when the new buyer next door announced he was resloping his side yard. I also share a tall hedge with the neighbour behind us and it gives me privacy because his bungalow is almost unseen. If he tops to a two storey I lose the privacy.
Since I have a side split he does see my upper level and those two windows can see his deck. The rooms are rarely used but if someone was afraid of a peeping Tom there could be a concern.
Toronto has no more land and have bluntly said growth will be up. Brampton has more time and land to work with but at some point in the future they will face the same problem. Some of the mega places will become multi family.
Apparently our self important neighbourhood has a lot more basement apartments than we suspect.
The long term problem is schools and infrastructure.
If I won mega millions I would buy a golf course, shut it down and it becomes my private reserve. I would need millions for upkeep. It isn't happening.
A half a mile from me there is a flurry of applications for new high rises where existing rental apartments have under utilized lots. The streets are already crowded with overnight parked vehicles. The number of mandatory visitor parking spaces is pathetic so the situation will get worse. Long term planning for a politician seems to be three or four years.
Change is inevitable.
The article was from 2013. What's there now?You all remember this thing?
Brampton orders monster home torn down
The city may itself have goofed in allowing a 6,600-square-foot house in a neighbourhood of more modest homes, but it now wants it demolished.
If someone bought into our neighbourhood, demolished a modest house and built a monster they would have over $3 million invested and it wouldn't sell anywhere near that. People that buy $3 M houses want to associate with other $3 M people. In 15-20 years it may work out but there will be years of lost ROI.
There are exceptions where someone is determined to live in a mega house at modest price. They go rural and the million they save on the lot goes into the house. Then they b**** about farm smells.
That said, a neighbour did a major renovtion that doesn't suit the existing mid century look of the hood. IMO a poor investment value but if someone wants attention it works.
The neighbor behind me had to put in a retaining wall when the new buyer next door announced he was resloping his side yard. I also share a tall hedge with the neighbour behind us and it gives me privacy because his bungalow is almost unseen. If he tops to a two storey I lose the privacy.
Since I have a side split he does see my upper level and those two windows can see his deck. The rooms are rarely used but if someone was afraid of a peeping Tom there could be a concern.
Toronto has no more land and have bluntly said growth will be up. Brampton has more time and land to work with but at some point in the future they will face the same problem. Some of the mega places will become multi family.
Apparently our self important neighbourhood has a lot more basement apartments than we suspect.
The long term problem is schools and infrastructure.
If I won mega millions I would buy a golf course, shut it down and it becomes my private reserve. I would need millions for upkeep. It isn't happening.
A half a mile from me there is a flurry of applications for new high rises where existing rental apartments have under utilized lots. The streets are already crowded with overnight parked vehicles. The number of mandatory visitor parking spaces is pathetic so the situation will get worse. Long term planning for a politician seems to be three or four years.
Change is inevitable.
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