I don't know where you come from but in our days the man and the women works and that's crazy because the interest rates so low buying is cheaper then renting for example a house at $160,000.00 the payment is only $425.00 a month . I sold some house to people who are on welfare. Anyway check out your info housing already lost 30% out west and still not selling Toronto area is starting to see decline in price. Study a little and you will find that Canadian real estate is crashing right now.
But how can it be ???? It doesn t make any sense .
People ' s average salary are not that greater to those compared in Montreal or Toronto ? I learned that the average house price in vancouver is 1 million $. more than 74% of people's income goes into the mortgage.
Who can possibly afford a house in Vancouver aside from wealthy chinese ?
@quadcatfly That's completely faulse real estate already declined in your area by 30% in the last six years. Its a sure thing 100% sure thing the real estate will crash in Canada and west Canada will be first I can't understand people who think like you or you are a real estate broker. The low interest rates are the cause
of the coming crash like I said before its a sure thing 100% sure .
@Greenlanegardens LOL....Most factory workers are renters. They are not the buyers of homes. Home buyers are more in the middle household income range of $60K to $120K plus range depending on the location and home / condo. Even if all factories closed, it won't matter. Factory workers don't make enough to purchase a home. Most home buyers are educated university degree holders, skilled workers (construction, plumbers, mechanics), self-employed (dentists, doctors, lawyers) or business owners
Canadian real estate prices will fall between 25-50% over the next two years. Only the few who get out first will be OK. Anyone who has purchased in the last 3 years will be crushed. Never ever get advise on a product from someone in sales of that product. While we arrived there in a different way and 2 years later the Canadian market is a mirror image of what happened in the US and will BLOW-UP.
By the way do you know where I could find data talking about a 25 to 50% loss over the next 2 years. I know a couple of people who still think the world is pink.
I don't know where you come from but in our days the man and the women works and that's crazy because the interest rates so low buying is cheaper then renting for example a house at $160,000.00 the payment is only $425.00 a month . I sold some house to people who are on welfare. Anyway check out your info housing already lost 30% out west and still not selling Toronto area is starting to see decline in price. Study a little and you will find that Canadian real estate is crashing right now.
Greenlanegardens 3 months ago
here in Vancouver we expect another 20-30% appreciation in 2012 !!
quadcatfly 5 months ago
@quadcatfly
But how can it be ???? It doesn t make any sense .
People ' s average salary are not that greater to those compared in Montreal or Toronto ? I learned that the average house price in vancouver is 1 million $. more than 74% of people's income goes into the mortgage.
Who can possibly afford a house in Vancouver aside from wealthy chinese ?
alex630710 5 months ago
@quadcatfly That's completely faulse real estate already declined in your area by 30% in the last six years. Its a sure thing 100% sure thing the real estate will crash in Canada and west Canada will be first I can't understand people who think like you or you are a real estate broker. The low interest rates are the cause
of the coming crash like I said before its a sure thing 100% sure .
Greenlanegardens 3 months ago
Your ass will be fucked real soon !
Clipper52a 5 months ago
@Clipper52a by the Chinese I suppose. maybe 4 inches? LOL
Bwahahahahahakangina 3 months ago
this guy just described a classic top to a real estate market - stay away folks
zeusvalentine 6 months ago
Take it from someone who works for remax you think this guy would say the real
estate will crash and loose min. 50% dont be fooled look around all the factories
are closing who will have money to buy propertie's the markets are flooded next is
lower price's to seel.
Greenlanegardens 9 months ago
@Greenlanegardens LOL....Most factory workers are renters. They are not the buyers of homes. Home buyers are more in the middle household income range of $60K to $120K plus range depending on the location and home / condo. Even if all factories closed, it won't matter. Factory workers don't make enough to purchase a home. Most home buyers are educated university degree holders, skilled workers (construction, plumbers, mechanics), self-employed (dentists, doctors, lawyers) or business owners
Bwahahahahahakangina 3 months ago
This has been flagged as spam show
blah blah blah
mikeinbc 11 months ago
Canadian real estate prices will fall between 25-50% over the next two years. Only the few who get out first will be OK. Anyone who has purchased in the last 3 years will be crushed. Never ever get advise on a product from someone in sales of that product. While we arrived there in a different way and 2 years later the Canadian market is a mirror image of what happened in the US and will BLOW-UP.
taineasy 1 year ago
@taineasy
I totally agree with you.
By the way do you know where I could find data talking about a 25 to 50% loss over the next 2 years. I know a couple of people who still think the world is pink.
alex630710 5 months ago