Friday, September 4, 2020

Toronto's thin housing market is shooting up


The housing market is really thin.  For the few houses turning over in the neighbourhood, we are getting peak prices.  The fashionable thing is to sell in Toronto, and go up North.  Did I ever tell anybody we are going into an Ice Age?  No?

Some of these people think they'll be able to grow grapes in Bancroft, and get Toronto wages for working at a country home.  This paradise cannot last, but people should sell their Toronto house before the banks all run out of deferral money.

A little house around the corner was sold right away and bought by some rich people for their son.  Meanwhile, condos are tanking -- very weird.

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