5936 replies to this topic

[dasmo]

See....

[Love the rock]

Not very nice and low brow...  If PP was my buddy from school or something I'd be all over calling him Pete.  Just doesn't play well for voters in Quebec.

I can do no wrong.
You mean the “my family is so important they named an airport after my daddy.”

That guy ?

[Ismo07]

I can do no wrong.
You mean the “my family is so important they named an airport after my daddy.”

That guy ?

 

He can certainly do wrong... Has and will...I might go with Trudes or Trudy if I played sports with him...

 

Anyway can we stop fearing capital gains tax on our homes for now.  Let's resume if he wins again...  Looking forward to all the tax cuts by PP...  $$$$

[Mike K.]

Not very nice and low brow... If PP was my buddy from school or something I'd be all over calling him Pete. Just doesn't play well for voters in Quebec.

What’s your nickname for the current PM?

[LJ]

Brian Lilley - generation squeeze and Trudeau

 

https://torontosun.c...axing-your-home

[Love the rock]

What’s your nickname for the current PM?

I can tell by PM actions he has given me a nickname long ago .

“ Unimportant tax payer “

[Citified.ca]

It was a fairly stable month in July, but downtown Victoria could use a boost. Investors remain absent from the dominant condo market in the region.

 

Interest rates and BC election will dictate Victoria's real-estate future as housing market flat-lined in July

https://victoria.cit...-lined-in-july/

[Mike K.]

The investor market in Greater Victoria has all but dried up, but finally with West Shore inventory priced from the lower mid-$300s, there will be breathing room to make the numbers work. So much rental housing is provided by the investor segment of the condo market that we have to take investors getting cold feet seriously, because so much depends on their money going into pre-sales and then being turned into rental suites.

 

Inventory like this is crucial.

 

Langford's 'Munroe' pre-sale draws first-time buyers and investors as West Shore condo market heats up

https://victoria.cit...arket-heats-up/

[Citified.ca]

Summer ended with a $1.26M average for houses, $597k for condos, and $823k for townhomes, as we await an interest rate announcement scheduled for tomorrow.

 

Joining us this month is Ryan Cook at RE/MAX Camosun, with insight into what happened, and an outlook for September.

 

August delivered stable end to summer as Victoria's real-estate market awaits interest rate decision

https://victoria.cit...-rate-decision/

[Citified.ca]

An under-supply of housing is coming, as housing starts slow, says Adam Cooper of Abstract Dev. There is likely to be a jump in prices as demand is projected to outpace supply.

 

 

Q&A with Abstract Developments' Adam Cooper on missing middle, building code changes and housing supply

https://victoria.cit...housing-supply/

[Barrister]

Exactly what happens to the housing market if the Conservatives win the next Federal election and dramatically cut back immigration and really restrict work and student permits?

[Ismo07]

Exactly what happens to the housing market if the Conservatives win the next Federal election and dramatically cut back immigration and really restrict work and student permits?

 

Feel like the housing market was taking off way before immigration was.

[Barrister]

Ismo, at some point it really is supply and demand.

[Mike K.]

The immigration policies exacerbated the situation. We've had a housing under-supply in our market since the early 2000s (2002-2008, more specifically). There was a period between 2008 and 2013 that things slowed down, but it has been roaring ever since then.

[Barrister]

We have had over immigration since before 2000 and in recent years we can both agree it has become insane. 

 

Run your numbers with no population increase or even an initial decrease with a reduction of students and foreign works followed with no population growth. One of the banks ran the projection and it was interesting. 

Edited by Barrister, 10 September 2024 - 08:04 AM.

[lanforod]

If aastra were here and kicking, he'd be posting about 12 articles dating back to mid last century highlighting housing issues here.

[Ismo07]

Ismo, at some point it really is supply and demand.

 

Yeah i guess so, but Victoria has been in the supply and demand issue since mid-2000s.  Rest of Canada (smaller cities) more so in the last 5-8 years.