So when’s the housing bubble bursting?
- Thread starter Dr. Truth
- Start date
Opinion: To solve the housing crisis, we need to do something about ‘mom-and-pop’ investors
Conspicuously absent in Canada’s housing plan: a comprehensive housing strategy that addresses the overabundance of investors
www.theglobeandmail.com
I was looking at the specs / calculations for a family friend's place which sold in recent months.
It went for just under 1.8 million.
The real estate page was saying with a 20% downpayment, your mortgage "will only be ..."
And the number was huge (monthly payments).
Clearly 2 families would have to pay down the home, or multiple tenants would have to help with the cost.
B.C. seeks forfeiture of 10 properties owned by alleged drug dealer
The B.C. government wants 10 properties in Prince George forfeited for their alleged use in a years-long drug trafficking operation.
Ontario couple walks away from $140K after dispute with developer
The last year and a half have been an emotional roller coaster for engaged couple Joe Jennison and Alicia Murrell.
5-bedroom home in Richmond, B.C., listed for $750K – but there's a catch
Would you purchase real estate with a stranger? While many prospective buyers would likely balk at the concept, an online listing offering "undivided half-interest" in a 2,992-square-foot home in B.C.'s Lower Mainland for $750,000 might give some a moment’s pause.
I don’t believe this. Nobody getting almost 700 sq ft for 600k in SF . There would be multiple offers driving the price way up. This is fake unless proven otherwise
They cut the price $7400.
423 SW 5th Avenue UNIT B, Delray Beach, FL 33444 | Zillow
423 SW 5th Avenue Unit B, Delray Beach FL, is a Single Family home that contains 546 sq ft and was built in 1946.It contains 1 bedroom and 1 bathroom.This home last sold for $280,000 in May 2024. The Zestimate for this Single Family is $280,300, which has increased by $2,380 in the last 30...
www.zillow.com
They cut the price $7400.
423 SW 5th Avenue UNIT B, Delray Beach, FL 33444 | Zillow
423 SW 5th Avenue Unit B, Delray Beach FL, is a Single Family home that contains 546 sq ft and was built in 1946.It contains 1 bedroom and 1 bathroom.This home last sold for $280,000 in May 2024. The Zestimate for this Single Family is $280,300, which has increased by $2,380 in the last 30...
New York City will pay homeowners up to $395,000 to build an extra dwelling in their garage or basement to help ease the housing shortage
15 lucky New York City homeowners will get government funding to help boost housing density by adding an apartment to their property.
www.businessinsider.com
Ex-USC Coach Alex Grinch Lists $4.45 Million Home Weeks After Firing
Ex-USC defensive coordinator Alex Grinch is parting ways with his $4.45 million Palos Verdes pad just three weeks after getting fired.
www.tmz.com
A Video Game Mogul Just Snapped Up an Ultra-Luxe Mansion for $11.5 Million
Dave Hagewood’s contemporary Los Angeles residence comes complete with a movie theater, 1,000-bottle wine cellar, and roof deck providing sweeping city, canyon and Getty Center vistas.
robbreport.com
Halsey Sold Her $11 Million L.A. Compound to the Director of ‘Crazy Rich Asians’
Jon Chu snagged the 5-acre estate, which features its own recording studio and guard house, for a slight discount off the $11.9 million asking price.
robbreport.com
A Late Billionaire’s Historic Mansion Gets a Dramatic $55 Million Price Cut
Known as “Casa Encantada,” and long owned by financier Gary Winnick, the 1930s-era Bel Air residence was previously listed for a whopping $250 million.
robbreport.com
This is the only major Canadian city with condo prices under $200k | Urbanized
According to a recent report, Edmonton has the most affordable condo rates in Canada, with average prices over 50% cheaper than other cities.
dailyhive.com
Here's why Edmonton is facing a 7% property tax hike in 2024 | Urbanized
The City Administration said that Edmonton needs $41.2 million to maintain services and pay salary increases in 2024.
dailyhive.com
Les Leyne: Housing push has to meet labour needs
The province’s excitement about jobs is tempered by anxiety about the housing shortage
www.vancouverisawesome.com
B.C. strata owner loses $32K bid for door repairs, accommodation
A strata owner requested a French door instead of a sliding one to accommodate her disability but the Civil Resolution Tribunal found no disability evidence.
www.vancouverisawesome.com
Local government housing initiatives
The B.C. government is proposing changes to the local government land use planning framework to speed up local government development approvals and get more homes built faster.
www2.gov.bc.ca
Housing and tenancy
In B.C., whether you rent, own or are in need of housing, there are programs and information that can assist you.
www2.gov.bc.ca
‘I want to get out’: two landlords on the ‘broken’ property rental market
From high rents to repossessions and public opprobrium, it’s not just tenants who say the system isn’t working
Mortgages are approaching a new cliff edge
Why Jeremy Hunt can’t stop the housing crash.
www.newstatesman.com
Things could get interesting next year for young people priced out of the housing market
One of the best things a young buyer can do to prepare for buying a home in 2024 is to build a high credit score
www.theglobeandmail.com