COVID and the housing market | Page 273 | GTAMotorcycle.com

COVID and the housing market

Mad Mike said:
Have it your way, but all you're doing is having fun with statistics. In the real world, you're looking at a complex set of factors -- medians computed over a wide swath will help you prove just about anything you like (remember grade 9 Stats class?).

What matters to someone looking to enter the market is understanding 1) barriers to entry, which are typically down payment debt serviceability, and 2) overall affordability which is the carrying cost as a ratio to income. Then having a plan.
Click to expand...
The amount of shifts in talking points is tiring.

Only trying to stick to the original point of discussion, and avoid speculation when there is tons of data out there available. Adding straw mans and shifting goal posts makes for a messy conversation.
 
ifiddles said:
DOFO's house sold for $500,000 less than asking price...

toronto.citynews.ca

Doug Ford sells Etobicoke home for far less than asking price

The Fords sold their Etobicoke home at 6 Tettenhall Road for $2.7 million -- almost $500,000 less than the listing price of $3.1 million.
toronto.citynews.ca toronto.citynews.ca
Click to expand...
Another pointless news article. Media needs to die and be reincarnated as something with less trash and more substance. It would be easy enough to compare sale price vs good comps instead of the absolutely meaningless asking price.
 
ifiddles said:
DOFO's house sold for $500,000 less than asking price...

toronto.citynews.ca

Doug Ford sells Etobicoke home for far less than asking price

The Fords sold their Etobicoke home at 6 Tettenhall Road for $2.7 million -- almost $500,000 less than the listing price of $3.1 million.
toronto.citynews.ca toronto.citynews.ca
Click to expand...

Ya gotta love the left media.

On August 23, the Fords sold their Etobicoke suburban residence at 6 Tettenhall Road for $2.7 million — almost $500,000 less than the listing price of $3.1 million.

Is this some form of new math? Since when did we start rounding to the nearest 500,000 when reporting on real-estate?
 
Mad Mike said:
Ya gotta love the left media.

On August 23, the Fords sold their Etobicoke suburban residence at 6 Tettenhall Road for $2.7 million — almost $500,000 less than the listing price of $3.1 million.

Is this some form of new math? Since when did we start rounding to the nearest 500,000 when reporting on real-estate?
Click to expand...
Was it ever a grow-op?
 
mimico_polak said:
$2M for a 3 plex … May actually not be a bad deal as an investment property…depending on rents.

www.cp24.com

A Toronto house less than 10ft wide just hit the market for nearly $2M

If you aren’t looking closely, you could miss 138 St Clarens Avenue – the newly listed home in Toronto’s Little Portugal is only 8 feet wide.
www.cp24.com www.cp24.com
Click to expand...
It feels appropriate that you included the mobile link. Even the article is claustrophobic when viewed on a computer. 8' wide outside. Damn. Either they did something questionable to dodge code or it's <7' inside.

The "kitchen" is a microwave, hot plate and bar fridge. The floor is stained plywood. This is "custom" in the same way many choppers are. It's a pile of garbage that they think is a diamond. Not surprisingly, they didn't include floorplans in the public listing. Check out the staging on this gem of an outdoor living area.

C5743182_35.jpg
 
Last edited:
Move to lovely tropical Australia
this in GTA
A Toronto house less than 10ft wide just hit the market for nearly $2M

this in Cairns
House mate bought a lovely 3 bedroom villa in a gated community very nearby for $320k - helping her move this weekend.
Both our previous housemates - single girls in 30s got set up circa 300k.
This one is next door to our friends - we liked hers better but this had solar. $320k
Homes in Cairn's don't have heating and our power bill for the last 3 months was $168 ( $90 solar rebate )
1661939640447.png

This one is just at the end of our street

This one walk to the Pacific

and 365 riding 🥰 Gillies-Highway-from-the-air.jpg
 
Last edited:
what happened to that guy that thought everything should be like Norway? I can also buy a house in Magee , Mississippi for $48,000, but why would I , not heating system required either .
 
MacDoc said:
Move to lovely tropical Australia
this in GTA
A Toronto house less than 10ft wide just hit the market for nearly $2M

this in Cairns
House mate bought a lovely 3 bedroom villa in a gated community very nearby for $320k - helping her move this weekend.
Both our previous housemates - single girls in 30s got set up circa 300k.
This one is next door to our friends - we liked hers better but this had solar. $320k
Homes in Cairn's don't have heating and our power bill for the last 3 months was $168 ( $90 solar rebate )
View attachment 57295

This one is just at the end of our street

This one walk to the Pacific

and 365 riding 🥰 View attachment 57294
Click to expand...

Seems Queensland real estate is booming after all the lockdowns in NSW and Victoria. SEQ is getting crazy expensive.
 
MacDoc said:
Move to lovely tropical Australia
this in GTA
A Toronto house less than 10ft wide just hit the market for nearly $2M

this in Cairns
House mate bought a lovely 3 bedroom villa in a gated community very nearby for $320k - helping her move this weekend.
Both our previous housemates - single girls in 30s got set up circa 300k.
This one is next door to our friends - we liked hers better but this had solar. $320k
Homes in Cairn's don't have heating and our power bill for the last 3 months was $168 ( $90 solar rebate )
View attachment 57295

This one is just at the end of our street

This one walk to the Pacific

and 365 riding 🥰 View attachment 57294
Click to expand...
I was going to post a list of poisonous bugs, spiders, snakes and animals one might find in Oz but the file was too large.
 
You must log in or register to reply here.

Back
Top Bottom