• Moderators, please send me a PM if you are unable to access mod permissions. Thanks, Habsy.

New Canadian Politics Thread

MindzEye said:
Lower upfront project costs, faster project turnover, harder to get financing on but easier to hit the pre sale targets to unlock the next tranche of money once you've got a lending partner involved. There's a lot to like about them as projects for a construction firm, they're profitable. Just not as profitable as a condo project in downtown Toronto in 2020-2021 when you were pitching investors. The imbalance in Toronto will sort itself out eventually and a bunch of low rise/mid rise stuff will go up around every transit station in the GTA before all is said and done. Going to be a painful 10-15 years before it happens though.
Click to expand...
Idk who is buying these condos next to go stations in the suburbs.

Oakville and burlington stations I'm sure are starting at 750k and easily close to a mil for most units, you're not close to the downtowns of either city and if your target is people who work downtown you are still 45+ min and hundreds of dollars a month in costs.
 
trujaysfan said:
Idk who is buying these condos next to go stations in the suburbs.
Click to expand...

Right now, to hear my realtor clients and buddies talk...fucking nobody.

trujaysfan said:
Oakville and burlington stations I'm sure are starting at 750k and easily close to a mil for most units, you're not close to the downtowns of either city and if your target is people who work downtown you are still 45+ min and hundreds of dollars a month in costs.
Click to expand...

Just took a look on realtor, and it looks like they're starting in the 580 range for a 2/1. 499 for a 1/1

Still that's pretty fucking pricey for ~800 sq. I don't get it either.

Part of the problem though is there's just no supply...to your point about Oakville and Burlington....there's some stuff around Oakville station, but Bronte? Fucking nothing. Not a single listing within about a km. Like 5 listings within a reasonable distance to Appleby station but then a bunch of stuff in the 470-500 range near Burlington Go.

Those areas should be loaded with middle density housing and they're just not.
 
Last edited:
MindzEye said:
Right now, to hear my realtor clients and buddies talk...fucking nobody.



Just took a look on realtor, and it looks like they're starting in the 580 range for a 2/1. 499 for a 1/1

Still that's pretty fucking pricey for ~800 sq. I don't get it either.

Part of the problem though is there's just no supply...to your point about Oakville and Burlington....there's some stuff around Oakville station, but Bronte? Fucking nothing. Not a single listing within about a km. Like 5 listings within a reasonable distance to Appleby station but then a bunch of stuff in the 470-500 range near Burlington Go.

Those areas should be loaded with middle density housing and they're just not.
Click to expand...
They must have dropped significantly. I knew someone who sold near burlington go for 800+ in 2021 but it may have just been a well timed bubble sell.
 
trujaysfan said:
They must have dropped significantly. I knew someone who sold near burlington go for 800+ in 2021 but it may have just been a well timed bubble sell.
Click to expand...
2021 was insane for real estate. At least out here. Wife is a realtor and did 3 times her previous best year.
 
Wayward DP said:
his arrogance is gonna give us like at least 8 years of PP and I'm pissed about it
Click to expand...


Yeah, it’s difficult to overstate just how fucked PP would be if Trudeau suddenly exited the stage.

His entire campaign is built on the “Fuck Trudeau” nutters and general Trudeau fatigue among the rest of the electorate. He’s got nothing else.

Justin is making it clear that he’ll only go if he’s dragged out kicking and screaming though, and that if he can’t personally be in charge, he could care less what damage is done to the country.
 
LeafGm said:
Yeah, it’s difficult to overstate just how fucked PP would be if Trudeau suddenly exited the stage.

His entire campaign is built on the “Fuck Trudeau” nutters and general Trudeau fatigue among the rest of the electorate. He’s got nothing else.

Justin is making it clear that he’ll only go if he’s dragged out kicking and screaming though, and that if he can’t personally be in charge, he could care less what damage is done to the country.
Click to expand...
I mean, that's half the story. the Libs still need someone competent to replace JT, and I don't know who that person is. and pretty sure they're not currently in government.

so PP will be in power until the Libs find a decent replacement for JT. took'em almost a decade after Martin.
 
You must log in or register to reply here.
Back
Top