$800k for a townhouse, if you look at the map behind the house, that's not a road, it's a busy rail line.
Check out this listing
Insanity.
Check out this listing
Insanity.
|
|
|
COVID and the housing market
- Thread starter mimico_polak
- Start date
We went to look at a house on Kos Blvd before we bought our townhouse, and couldn't figure out why there aren't any windows on the north side of the house...then a train rolled by and we knew why...
We ended that visit pretty damn quick.
This is fine….right…bring in more people will solve this…right?
www.barrons.com
Homelessness Explodes In Canada As Rents, Housing Prices Soar
Canada is gripped by a surge in homelessness that has seen tens of thousands of people priced out of rental and real estate markets and left to live in the streets of the wealthy nation.
Like development charges, the party creating the demand should pay to provide the services. If every immigrant was provided with housing by the feds for x years to give them a chance to get established, would people be as anti-immigration? If feds were paying the cost of their policies, would they change their policies (i think yes as the numbers are too big even for chief stupid). Housing would be a few billion a year for people that have never paid tax in Canada (and many that may never pay tax in canada).This is fine….right…bring in more people will solve this…right?
Homelessness Explodes In Canada As Rents, Housing Prices Soar
Canada is gripped by a surge in homelessness that has seen tens of thousands of people priced out of rental and real estate markets and left to live in the streets of the wealthy nation.
Generally speaking, when you hire someone to do something for you, you are responsible for their errors. We hired the Liberals and provincially, the PCs. We, the tax payers, pay for their mistakes.
Has any party ever written a cheque of compensation to a harmed party?
JT likes to take credit for lots of those. The funds are being drawn from us though. He likes to leave that tidbit out and many people worship the government for helping them.
I have tracks right behind my house. Lived here 30 years next month. I couldn't tell you what time trains go by if my life depended on it.
Oakville sub where mp looked is the busiest rail corridor in North America. Train time is anytime. Freight doesn't really have a schedule. Obviously the hundreds of go trains and few dozen via trains have a schedule.
Closest I lived near the tracks was about 150m away in Cooksville. Not too busy and after a month couldn’t hear the trains anymore.
That’s as close as I’ll ever get to them. Not interested in living any closer but everyone is different in their sensitivity to sound.
Mad Mike
Well-known member
I'm 500m from the GO line, I can't hear or feel the train.
My dog could feel the train's vibration. Every day at 5:20 GO (my wife's train) went past, the dog would move to the front window and wait for my wife. If she missed that train, the dog would head to the window an hour later when she felt the next one pass.
The tracks are about 100 feet from the house.
They run right thru town. In St Marys the price of very few homes is affected by close proximity to the tracks. A small price to pay for " A town worth living in" if that historic town water tower can be believed.
They run right thru town. In St Marys the price of very few homes is affected by close proximity to the tracks. A small price to pay for " A town worth living in" if that historic town water tower can be believed.
Living near a rail line is typically not a big deal for many people and can get you a deal that many may pass on. Really my only concern would be if there were level crossings near buy where they use the horn...
As for 800K for a townhouse in Ajax, no thanks rail or not.
Yet again, parents are asking if they should potentially look into AirBNB their cottage. Was looking through the rules and all I see is Zone R1 in their area:
Which theoretically means no AirBNB except a traditional BNB if allowed. But I'm seeing a TON of cottages for rent.
Am I missing something? Or are people just doing this illegally and hoping no neighbours complain?
Which theoretically means no AirBNB except a traditional BNB if allowed. But I'm seeing a TON of cottages for rent.
Am I missing something? Or are people just doing this illegally and hoping no neighbours complain?
Lots of illegal AirBnb's. Minimal enforcement. Hell, Torontos definition requiring you to rent out a room in your primary residence is probably met by close to zero of the available rental properties. Meanwhile there are entire condo buildings that have the majority of the units as short-term rental. The cashflow is too big. Municipalities don't want to take on the fight as the lawyering will cost a fortune.
Yay! JT has single handedly solved the housing crisis…
50 units for 21M…in Yellowknife!
cabinradio.ca
50 units for 21M…in Yellowknife!
Trudeau announces $20.8M for 50-unit Yellowknife housing complex
The Prime Minister used a Yellowknife trip to announce a new downtown affordable housing complex that will occupy lots the city has struggled to fill for years.
cabinradio.ca
Mad Mike
Well-known member
$420,000/unit for community housing? Ouch!Yay! JT has single handedly solved the housing crisis…
50 units for 21M…in Yellowknife!
Trudeau announces $20.8M for 50-unit Yellowknife housing complex
The Prime Minister used a Yellowknife trip to announce a new downtown affordable housing complex that will occupy lots the city has struggled to fill for years.
Better than simcoe. Politicians approved an "affordable" development at over $1M per door and they were proud of themselves.
AirBNB would be a good way to make enemies if the guests trash the peace and quiet, the reason a lot of people like cottages.
I was talking to a friend with a Huntsville area cottage on a small, about a mile, square lake. Prices tripled during Covid with one selling for $1.5 M when pre-Covid prices were $500 K. Apples to oranges though. One could be plywood shack on muddy frontage and the other a four bedroom house on a pristine shore.
At peak Covid cottages sold before the sign went up. Now they're sitting for months.
I guess if you need a capital loss.......
|
|
|
|
|