It looks flat here, but sales have dropped dead in the neighbourhood. One crazy acquaintance who still wants to buy a house, couldn't get the tiniest discount on a house with no offers. Everybody wants the peak of a couple of months ago. The signs are all rusting in the rain.
Meanwhile, the condos are springing up like rabbits. Every one of those buildings are sold out with deposits, because that's the only way they start. Most of them are probably 'sealed units' for money laundering, and who knows how long that goes on.
It will be interesting to see what happens towards the end of the year. Will the feds run out of money? What is money these days? Will a trillionaire just buy all of Toronto? Fun, fun, fun.
ps. just ditched my long hair, sort of homeless 70's child star look.
pps. for those who thought they saw June temperatures, it was a dream caused by my lack of coffee in the morning. That was still the old May results.
2 comments:
the next boom will be in digital wheelbarrows to cart your worthless cash around.
Funny, we have a covid wedding coming up, and we are polishing our wheelbarrow now to use as an outdoor cold drink carrier. Money-barrows should be bright stainless steel. :)
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