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Forum ยป Housing market in Ontario is fking tough
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Thread: Housing market in Ontario is fking tough

post 1465339401 10-06-2016, 12:05 PM
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I'm a Chinaman, you people are discriminating us for no reason. What's the big problem?

Not our problem if you're too poor to afford housing.
post 1465339471 10-06-2016, 12:06 PM
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Originally Posted By brownbrah113⏩
whats wrong with orlando? unaware
nothing if you like Mickey Mouse
post 1465348111 10-06-2016, 01:10 PM
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Originally Posted By 21stCenturyKid⏩
This thread is delusional.

The housing market in Toronto city, perhaps, is "rough", as in too expensive for your average middle class human being. Cities such as Guelph, London, Peterborough, etc, etc, have modestly priced homes that are more realistic and affordable. Ontario as a whole is fine - It's when you start analyzing cities with a finely-tuned microscope where "tough housing markets" arises.

As I said again, go to Vancouver if you want an actual rough housing market. We wouldn't even be having a discussion of"I lost the bid to buy the house"because you would be too fucking poor in the first place to even put up a single bid.

Here would be your life: Forced to pack your bags, any chance of living your pathetic "American Dream" squandered, and start dishing out 1,700 monthly for your basement bachelor apartment.
How am i too poor to buy a house when i already have a house?

Cant even imagine being a first time buyer in this market. There is nothing special about waterloo, guelph, london or peterborough to have gta like pricing.

You're delusional because you are probably renting a dingey basement and telling people they should be able to fork out whatever the fukk chinese buyers feel like bidding.

Also i have personally seen a tour bus full of asian people who looked to be travellers (cameras hanging around their necks, shorts, high socks) going to open houses in one neighbourhood close to university of waterloo. If thats not a good indicator on whats driving the volume of sales and prices up then idk what is.
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post 1465348891 10-06-2016, 01:15 PM
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Originally Posted By AGstrong⏩
people have been saying this since 2010... Zzzzzzzzzzzzzzzz
Except when they implement a new tax like they did in Vancouver. Sell now and then wait for the government to intervene. When housing becomes too outrageous the voters (low/middle class) will turn on the politicians. Elections are to be held in 2018.
post 1465349341 10-06-2016, 01:18 PM
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Originally Posted By brownbrah113⏩
How am i too poor to buy a house when i already have a house?

Cant even imagine being a first time buyer in this market. There is nothing special about waterloo, guelph, london or peterborough to have gta like pricing.

You're delusional because you are probably renting a dingey basement and telling people they should be able to fork out whatever the fukk chinese buyers feel like bidding.

Also i have personally seen a tour bus full of asian people who looked to be travellers (cameras hanging around their necks, shorts, high socks) going to open houses in one neighbourhood close to university of waterloo. If thats not a good indicator on whats driving the volume of sales and prices up then idk what is.
definitely the chinese. happening in the US too. look at this documentary

go to 2:22 lmao

post 1465350171 10-06-2016, 01:25 PM
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Living in Santa Cruz, CA with a larger dog it is hard for me to find a suitable 1+ bedroom for under $2000 a month.
post 1465350951 10-06-2016, 01:31 PM
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Problem in CA is more of a supply/demand issue. CA likes to approach zoning and development like its some kind of group project where random residents can object to about anything and everything (and they usually do) thus driving up land prices. Existing homeowners benefit because it raises their home price. Meanwhile, anyone who doesn't own a home there or is trying to live there gets the shaft. I have never encountered a population so politically self-destructive until I moved to CA. Unreal.
post 1465351611 10-06-2016, 01:35 PM
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Its a strategic ploy to position the 1% to "rig" the public housing sector and privatize it. Rig meaning is that families who just want to phukking work a little and have a house now have to "compete" against business for a property to live in. Foreign investors scooping up the family structure (houses) at all cash offers to outbid families - raising the housing prices. then the families are forced to rent the same phukking houses they would have owned from these investors at higher rent than the the mortgate would be, while throwing all the money away (no principal).


Don't worry OP, while your parents live in squaler in a their 1 bedroom apartment forever, some rich chinese manlet in china is using the income from phukking your parents and the public over to lube his 2" erect asian cock with a 50K bottle of dom perignon chamagne to phuck a 13 year old child prostitute.

and there is nothing you can do about it. you are a cuck to the system.
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post 1465352481 10-06-2016, 01:43 PM
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Originally Posted By psychosylocibin⏩
Its a strategic ploy to position the 1% to "rig" the public housing sector and privatize it. Rig meaning is that families who just want to phukking work a little and have a house now have to "compete" against business for a property to live in. Foreign investors scooping up the family structure (houses) at all cash offers to outbid families - raising the housing prices. then the families are forced to rent the same phukking houses they would have owned from these investors at higher rent than the the mortgate would be, while throwing all the money away (no principal).


Don't worry OP, while your parents live in squaler in a their 1 bedroom apartment forever, some rich chinese manlet in china is using the income from phukking your parents and the public over to lube his 2" erect asian cock with a 50K bottle of dom perignon chamagne to phuck a 13 year old child prostitute.

and there is nothing you can do about it. you are a cuck to the system.
Don't know why an Asian guy like you has to use the small penis and manlet insult when you're a Chinaman yourself. You're a clown buddy.
post 1465353141 10-06-2016, 01:47 PM
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Originally Posted By psychosylocibin⏩
and there is nothing you can do about it. you are a cuck to the system.
Yes I can. Live off the grid:

post 1465353401 10-06-2016, 01:49 PM
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Originally Posted By psychosylocibin⏩
Its a strategic ploy to position the 1% to "rig" the public housing sector and privatize it. Rig meaning is that families who just want to phukking work a little and have a house now have to "compete" against business for a property to live in. Foreign investors scooping up the family structure (houses) at all cash offers to outbid families - raising the housing prices. then the families are forced to rent the same phukking houses they would have owned from these investors at higher rent than the the mortgate would be, while throwing all the money away (no principal).


Don't worry OP, while your parents live in squaler in a their 1 bedroom apartment forever, some rich chinese manlet in china is using the income from phukking your parents and the public over to lube his 2" erect asian cock with a 50K bottle of dom perignon chamagne to phuck a 13 year old child prostitute.

and there is nothing you can do about it. you are a cuck to the system.
Originally Posted By KenshiroBeef⏩
Don't know why an Asian guy like you has to use the small penis and manlet insult when you're a Chinaman yourself. You're a clown buddy.
Nevermind the fact that he's wrong in all accounts. You're delusional if you think Chinese business is able to coordinate at such a scale to dry out an entire market of the size of Vancouver/Toronto. You see Chinese buying property all over the western countries. In my opinion it's a safety move to allocate wealth outside of China since for so long people weren't able to do so and in the eventuality of a Chinese market bubble way over due. Chinese tend to want to stick together, sometimes buying 20+ properties all next to each other. There are also Chinese intermediaries in play which broker the sales. They take advantage of the number of Chinese buying properties and focus them all in one city so that the prices go up and they earn more commission. Chinese buyers see the values going up and think of it as good investments.
post 1465354501 10-06-2016, 01:56 PM
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Originally Posted By Awarebrahhh⏩
Nevermind the fact that he's wrong in all accounts. You're delusional if you think Chinese business is able to coordinate at such a scale to dry out an entire market of the size of Vancouver/Toronto. You see Chinese buying property all over the western countries. In my opinion it's a safety move to allocate money outside of China since for so long people weren't able to do so and in the eventuality of Chinese market bubble way over due.
Well I won't specify the business what some of my family members do back in the home country. But a lot of the reason why we buy some real estate, is so we can avoid taxes and you're right that in case the economy of China does face irregularities, it's efficient to move the money else where.
post 1465445161 10-07-2016, 07:24 AM
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Originally Posted By KenshiroBeef⏩
Well I won't specify the business what some of my family members do back in the home country. But a lot of the reason why we buy some real estate, is so we can avoid taxes and you're right that in case the economy of China does face irregularities, it's efficient to move the money else where.
Dude we dont give a fukk. Fuk u
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post 1465447121 10-07-2016, 07:41 AM
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Originally Posted By NonSmoker⏩
definitely the chinese. happening in the US too. look at this documentary

go to 2:22 lmao

Dude the best part is the guy renting a camping tent in the backyard at $50 a day
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post 1465447351 10-07-2016, 07:43 AM
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Originally Posted By GriecoR⏩
Why do you think prices will drop? I personally think the over bidding will end in a few months but I feel like the market will just flatline.

Also I'm not sure what to think about these new mortgage rules?? I feel like it won't affect the big spenders and hurt new home buyers even more. What your take on it?
That's why I hate these ******* policy makers.

Instead of imposing a tax on foreign buyers ....let's just make it harder for new homebuyers to be able to get into the market.

At the same time it's still difficult for young people to find jobs AND salaries are pretty stagnant.

Something has to give because this is getting out of hand.

I'm sick of seeing all these asian FOB's riding around in their Lambo's, ferrari's, etc. while the average person is stuck on the chitty subway on the way to their $60K salary job that can't even afford them a house in the city.
post 1465449231 10-07-2016, 08:04 AM
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Never been in a bidding war. Made an offer when was another was already made and the seller took mine instead; and I made a an offer below the asking price.

Of course, I was already pre-approved and everything to ensure mine would be a guaranteed sale.
post 1465449381 10-07-2016, 08:06 AM
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Originally Posted By Wyzz⏩
That's why I hate these ******* policy makers.

Instead of imposing a tax on foreign buyers ....let's just make it harder for new homebuyers to be able to get into the market.

At the same time it's still difficult for young people to find jobs AND salaries are pretty stagnant.

Something has to give because this is getting out of hand.

I'm sick of seeing all these asian FOB's riding around in their Lambo's, ferrari's, etc. while the average person is stuck on the chitty subway on the way to their $60K salary job that can't even afford them a house in the city.
Srs man.. canada is cucked beyond cuckening. Even if young canadians manage to buy a house brb increased hydro rates brb higher property taxes and list just goes on.

RIP to all you canadian brahs under 25 who havent bought uour first home yet.
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post 1465449961 10-07-2016, 08:11 AM
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Originally Posted By brownbrah113⏩
Srs man.. canada is cucked beyond cuckening. Even if young canadians manage to buy a house brb increased hydro rates brb higher property taxes and list just goes on.

RIP to all you canadian brahs under 25 who havent bought uour first home yet.
As much as I want to blame the Liberals....this has been going on with the Stephen Harper gov't. Atleast Trudeau's Gov't has shown interest in wanting to help young people.

But yea Canada is cucked beyond belief....Specifically by rich foreigners.

I know how much certain people make in Toronto and there's no way they can afford to live in the city.
post 1465450201 10-07-2016, 08:13 AM
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Originally Posted By Issobolic28⏩
Made an offer when was another was already made and the seller took mine instead; and I made a an offer below the asking price.
.
We are not talking about houses bought before 1950 old man this is the new cuck canada. I mean chinada, 50k over asking price or bust.
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post 1465450401 10-07-2016, 08:15 AM
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GTFO china
post 1465451381 10-07-2016, 08:23 AM
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Originally Posted By brownbrah113⏩
We are not talking about houses bought before 1950 old man this is the new cuck canada. I mean chinada, 50k over asking price or bust.
I just bought it 2 months ago; so not sure what bs you're spewing.
post 1465452151 10-07-2016, 08:28 AM
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Always dreamed of buying a house. Now thinking of renting for life. It's a losing game.
post 1465455651 10-07-2016, 08:58 AM
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canada is more expensive than la

srs

salaries must be insane
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post 1465470281 10-07-2016, 10:56 AM
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I admire my fellow Canadian brahs who stick around in TO with all this chit going on. There is something terribly wrong with Canada to allow this to happen and to allow for it to get as bad as it has.

I had to GTFO out of TO when I finished school there as it just became too unsustainable to live there. Towards the end of my lease there my landlords (who were Asian investors) told me if I wanted to renew my lease the rent would be increasing by $300 per month.

I lol'd and got the fuk out of there.

In the meantime, new graduates have a hard time finding employment and most the ones that do start working with salaries in the range of 45-60K.

How is this sustainable at all?

brb driving Canadians out of major cities so rich foreigners can come in and have their fun.

The system is incredibly fuked.
post 1465472451 10-07-2016, 11:13 AM
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Originally Posted By Issobolic28⏩
I just bought it 2 months ago; so not sure what bs you're spewing.
Just trolling fella. Dunno about market up in ottawa, but here in waterloo its a circus. 5 or more offers on a house after being on the market for a few hours.
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post 1465473241 10-07-2016, 11:18 AM
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Originally Posted By TallSaint⏩
I admire my fellow Canadian brahs who stick around in TO with all this chit going on. There is something terribly wrong with Canada to allow this to happen and to allow for it to get as bad as it has.

I had to GTFO out of TO when I finished school there as it just became too unsustainable to live there. Towards the end of my lease there my landlords (who were Asian investors) told me if I wanted to renew my lease the rent would be increasing by $300 per month.

I lol'd and got the fuk out of there.

In the meantime, new graduates have a hard time finding employment and most the ones that do start working with salaries in the range of 45-60K.

How is this sustainable at all?

brb driving Canadians out of major cities so rich foreigners can come in and have their fun.

The system is incredibly fuked.
Lol and u know what the great finance cucks of canada think is the problem: first time home buyers and canadians who cant afford mortgage. No mention whatsoever of people who are buying houses like fukkin walmart jeans every damn day and renting it out to make enough money to drive lambos for life.

But no, middle class canadians are the problem.

They are calling this a stress test. Might as well call it a 'not a rich asian' test.
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post 1465473281 10-07-2016, 11:19 AM
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Lmfao if you don't think China is manipulating the chit out of their currency. Make it a floating point currency and misc could probably buy half of mainland china.

Also lmao at cucks who chose to live in these cities when they can't afford it. If you can't change policy the smartest thing you can do is leave, a mass migration of millennial out of these cities would completely fuk over the city.
post 1465473951 10-07-2016, 11:24 AM
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Originally Posted By CHARBACK⏩
Lmfao if you don't think China is manipulating the chit out of their currency. Make it a floating point currency and misc could probably buy half of mainland china.

Also lmao at cucks who chose to live in these cities when they can't afford it. If you can't change policy the smartest thing you can do is leave, a mass migration of millennial out of these cities would completely fuk over the city.
Yeah just leave the city so they it can be overrun by them. That should show them.
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post 1465474171 10-07-2016, 11:26 AM
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Originally Posted By brownbrah113⏩
Yeah just leave the city so they it can be overrun by them. That should show them.
That's already the case north of Yonge & Sheppard
post 1465476401 10-07-2016, 11:41 AM
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Originally Posted By Wyzz⏩
That's already the case north of Yonge & Sheppard
Can confirm this.

Source: I work at Yonge & Finch

Never seen so many GTRs, high end beamers, rovers, and G wagons in my life.

Sucks mane.
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