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Singérôme lol
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Singe Jérôme
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Singérôme lol
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Meanwhile je peux m’acheter une maison à 200k à saint Jérôme proche de la 15
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Justement.
Vous êtes en train de dire que vos maisons valent presque 2x ce que vous avez payé. Y’a personne qui va acheter ça dans 5 ans quand ça va «*valoir*» 3x.
J’fais parti de la génération des prochains acheteurs et je peux garantir qu’on a pas le pouvoir d’achat de dépenser 800k sur des réguines que vous avez payé 300-400k en 2006-2012.
Vous voyez le marché québécois qui est relativement stable versus l’ouest. L’ouest, ça va cracher; ici ça va faire perdre quelques personnes mais pas tout le monde va être «*perdant*».
Mon ami vient de payer 210k un condo affiché 350k depuis 9 mois.
Tout est relatif
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Market value is based on supply and demand. If you don't think a housing crash can come, consider this.
As more people age, and look to downsize or move into assisted living homes, they need people to buy their houses. The generation coming up now has less and less buying power due to home costs increasing substantially faster than wages. That coupled with a declining birth rate will start to eliminate the need for large family homes. This won't happen tomorrow, but as boomers begin retiring, there is going to be an influx of them trying to sell their nest egg to fund their retirements.
Market value is based on supply and demand. If you don't think a housing crash can come, consider this.
As more people age, and look to downsize or move into assisted living homes, they need people to buy their houses. The generation coming up now has less and less buying power due to home costs increasing substantially faster than wages. That coupled with a declining birth rate will start to eliminate the need for large family homes. This won't happen tomorrow, but as boomers begin retiring, there is going to be an influx of them trying to sell their nest egg to fund their retirements.
Bien content. Fini la SCHL pour moi. Vendu mon condo en 1 journée avec environ 12% de profit après 6 ans. Rien de fou mais le marché est fort, surtout pour les condos avec peu d'unité par batiments.
bizarement j'aime vraiment plus les grosse unité de condo.
Souvent construction en beton (un must!)
Ascenseur (pratique pour épicerie etc)
Stationnement intérieur
etc.etc.
Jamais je vais acheté un condo dans une unité 3 étage 6-8 condo construction traditionelle. Sa ou un appart = same thing
Bigger condo project = more draconian laws to impose because you're more likely to have 1 dumbass ruin it for everyone.
Also, bigger projects also mean more up-keep thus higher condo fees.
Bigger projects also mean bigger fund/ more money, which opens the door for disastrous financial implications in case of mismanagement. Extra contributions for unexpected repairs or underfunded syndicat, sleezy condo presidents/boards taking kickbacks from service contracts.
Meanwhile je peux m’acheter une maison à 200k à saint Jérôme proche de la 15
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your reasoning does not factor in foreign investors and that's where what we currently see is starting to make sens.
Market value is based on supply and demand. If you don't think a housing crash can come, consider this.
As more people age, and look to downsize or move into assisted living homes, they need people to buy their houses. The generation coming up now has less and less buying power due to home costs increasing substantially faster than wages. That coupled with a declining birth rate will start to eliminate the need for large family homes. This won't happen tomorrow, but as boomers begin retiring, there is going to be an influx of them trying to sell their nest egg to fund their retirements.
This is what happens when you have cheap money and wanting to own at any cost. Some people should really weigh in rent vs. owning.
Canadians are carrying too much debt, in date of March 14th There was roughly $1.79 in credit market debt for every dollar of household disposable income
Meanwhile je peux m’acheter une maison à 200k à saint Jérôme proche de la 15
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