Hamilton is trying to build a mini getto near Stoney creek . They can’t understand why area housing is concerned.
BC bought a Howard Johnson’s for Fifty one million , one hundred and ten rooms , three yrs later it’s being considered cheaper to knock down than rehab. Three hundred alarm calls in three yrs .
Sounds delightful.
Knees up people. I am still amazed that Canadians are taking this quietly. Our government opens the immigration flood gates and now they look to us to fix their issue??
I guess the Liberal voters are more obtuse than I had originally imagined?
Knees up people. I am still amazed that Canadians are taking this quietly. Our government opens the immigration flood gates and now they look to us to fix their issue??
I guess the Liberal voters are more obtuse than I had originally imagined?
Hamilton is trying to build a mini getto near Stoney creek . They can’t understand why area housing is concerned.
BC bought a Howard Johnson’s for Fifty one million , one hundred and ten rooms , three yrs later it’s being considered cheaper to knock down than rehab. Three hundred alarm calls in three yrs .
Sounds delightful.
There's a hotel in Pickering they're trying the same experiment with, under the radar. No word what their plan is after they give the refugee a 90 day free stay.
Now that people are using the Recession word, interest rates are holding and more job insecurity seems to be around , this market will see a big dip . The days of put a sign on the lawn and interview buyers is past .
It's going to be interesting - upcoming recession and job market. There are a couple of houses in downtown Burlington that have been sitting for a bit but I think the days of people spending $2.4M on a bungalow have sailed for the time being. Overall there are not many houses on the market right now downtown - maybe 20 single family detached but there over 70 condo's on the market. A guy I know had his condo for sale for over a year before he had a bite and ended up dropping $60k to get the deal done. I am amazed they are even thinking of building more.
Challenge for condos , many of those sites are ten years in the planning, nobody predicted the implosion. The Toronto speculation condos , the six hundred sq ft palaces have hundreds of listings .
Challenge for condos , many of those sites are ten years in the planning, nobody predicted the implosion. The Toronto speculation condos , the six hundred sq ft palaces have hundreds of listings .
We are expect we are down two , maybe three hundred in the last year here in Oakville west . Sadly my wife has spied a townhouse on the lake which has not dropped five cents in five years .
We downsized earlier 2024 and moved to Ridgeway. Took a bit of a haircut on the primary house and thought we made out like bandits when we purchased the new place. It was listed for over a year and was an estate home owned by 4 siblings. We initially made an offer that was rejected because of another offer. Soft market and no interest in bidding wars. They could have it. Didn’t work out and realtor asked if we were still interested. Sure! However, our price is lower now.
Admittedly the place needed a lot of work but, it’s location near the water and neighborhood is nice and double car garage.
Could we sell it and make a few bucks? Maybe but, we have been enjoying the renos and slower pace of small town living.
But, it’s tempting to look for the next diamond in the rough with such a soft market. Lots of expired listings, price adjusted re-listings everywhere. We don’t miss city living.
We downsized earlier 2024 and moved to Ridgeway. Took a bit of a haircut on the primary house and thought we made out like bandits when we purchased the new place. It was listed for over a year and was an estate home owned by 4 siblings. We initially made an offer that was rejected because of another offer. Soft market and no interest in bidding wars. They could have it. Didn’t work out and realtor asked if we were still interested. Sure! However, our price is lower now.
Admittedly the place needed a lot of work but, it’s location near the water and neighborhood is nice and double car garage.
Could we sell it and make a few bucks? Maybe but, we have been enjoying the renos and slower pace of small town living.
But, it’s tempting to look for the next diamond in the rough with such a soft market. Lots of expired listings, price adjusted re-listings everywhere. We don’t miss city living.
i had planned to get out of dodge when I retired. A year later I glad I didn’t.
I spend a great deal of time in a small town, I love the small town atmosphere and being in the wilderness - but it’s really easy to miss city conveniences.
Small towns have fewer services, often one or none of the services I can get anywhere in the gta. Outside of house prices, everything else is pricy - food, fuel, taxes, most goods, and most local services. You have to travel far for entertainment, airports, health care… and just about everything else.
So for me it’s a mix. When I need the easy convenient bustle of the city, I stay in the gta. Small town living is my getaway.
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