Canadian Banks | Forums | Terms of Use

Welcome to the Canadian Financial Forums forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   Canadian Financial Forums > Canadian Financial Forums > Real Estate and Mortgages

Reply
 
Thread Tools Display Modes
  #1  
Old 07-29-2009, 03:41 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Default NY real estate crash and Toronto

While reading the article below, I couldn't help but think about our own Canadian equivalents Toronto and Muskoka

http://finance.yahoo.com/tech-ticker...&asset=&ccode=
__________________
No debt
Reply With Quote
  #2  
Old 08-04-2009, 05:10 PM
Canadian Canadian is offline
Senior Member
 
Join Date: Jun 2008
Posts: 415
Default

I think Toronto is faring better than Muskoka so far.
__________________
Bear with me please
Reply With Quote
  #3  
Old 08-06-2009, 06:16 PM
Steven Steven is offline
Senior Member
 
Join Date: Jul 2008
Posts: 139
Default

I don't think that the real estate in Toronto will ever go down. I've been waiting for this to happen for several years now, and I missed on a huge appreciation meanwhile .
Reply With Quote
  #4  
Old 08-10-2009, 09:59 PM
Canadian Canadian is offline
Senior Member
 
Join Date: Jun 2008
Posts: 415
Default

Quote:
Originally Posted by Steven View Post
I don't think that the real estate in Toronto will ever go down. I've been waiting for this to happen for several years now, and I missed on a huge appreciation meanwhile .
When everybody start thinking that way, the prices will fall off a cliff...
__________________
Bear with me please
Reply With Quote
  #5  
Old 08-18-2009, 03:42 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Default

Quote:
Originally Posted by Canadian View Post
When everybody start thinking that way, the prices will fall off a cliff...
Yes, when the last bear gives up the residential market will go down big time. I talk to many "homeowners" (deeply in mortgage debt) in Toronto and not a single one shares my view that there will be a crash. This is simply because it doesn't fit their agenda, and if happens will ruin them financially. Nobody likes to face the facts, but sooner or later they'll have to.
__________________
No debt
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 06:29 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.