Let it Snow! Posted May 2, 2017 Share Posted May 2, 2017 1 minute ago, 04nightfire said: On Couchiching just north of Orillia If this shit keeps up there won't be any first time home buyers, just crazy! Quote Link to comment Share on other sites More sharing options...
04nightfire Posted May 2, 2017 Share Posted May 2, 2017 6 minutes ago, Let it Snow! said: If this shit keeps up there won't be any first time home buyers, just crazy! yep. Sad part is our place went for the same money last september and the house was only 4 years old. Can only imagine what it would have gone for this year. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 2, 2017 Share Posted May 2, 2017 2 minutes ago, Let it Snow! said: If this shit keeps up there won't be any first time home buyers, just crazy! I said that 10 years ago. I don't know how they will either, but I think the government should STFU and let the market demand and correct itself. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 2, 2017 Share Posted May 2, 2017 1 minute ago, 04nightfire said: yep. Sad part is our place went for the same money last september and the house was only 4 years old. Can only imagine what it would have gone for this year. How far along is the new place? Quote Link to comment Share on other sites More sharing options...
04nightfire Posted May 2, 2017 Share Posted May 2, 2017 5 minutes ago, ArcticCrusher said: How far along is the new place? she's all done and are in it. Just haven't had time to put up any pictures. 1 Quote Link to comment Share on other sites More sharing options...
Dave Posted May 2, 2017 Share Posted May 2, 2017 1 minute ago, 04nightfire said: she's all done and are in it. Just haven't had time to put up any pictures. Nice! So the other place sold? Quote Link to comment Share on other sites More sharing options...
04nightfire Posted May 2, 2017 Share Posted May 2, 2017 6 minutes ago, Dave said: Nice! So the other place sold? It did. We moved out in January and were living in the in laws place until we were finished the build Quote Link to comment Share on other sites More sharing options...
Dave Posted May 2, 2017 Share Posted May 2, 2017 Just now, 04nightfire said: It did. We moved out in January and were living in the in laws place until we were finished the build Oh...well good to hear.....one of these days I will get my as over there to see you guys...been close a few times. Quote Link to comment Share on other sites More sharing options...
04nightfire Posted May 2, 2017 Share Posted May 2, 2017 10 minutes ago, Dave said: Oh...well good to hear.....one of these days I will get my as over there to see you guys...been close a few times. lol. We aren't far from where the old house was. Nice and quiet and lots of property to play on. 1 Quote Link to comment Share on other sites More sharing options...
02sled Posted May 2, 2017 Share Posted May 2, 2017 27 minutes ago, Let it Snow! said: If this shit keeps up there won't be any first time home buyers, just crazy! Supply and demand will do a far better job of controlling the market than government will ever be able to do. If the market comes to the point where there isn't demand from buyers it will correct itself. Perhaps we will one day come to multi-generational mortgages similar to Japan where mom & dad take on the mortgage and the kids finally pay off the mortgage. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 2, 2017 Share Posted May 2, 2017 23 minutes ago, 04nightfire said: she's all done and are in it. Just haven't had time to put up any pictures. Thats great. How many months from start to finish? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 2, 2017 Share Posted May 2, 2017 5 minutes ago, 02sled said: Supply and demand will do a far better job of controlling the market than government will ever be able to do. If the market comes to the point where there isn't demand from buyers it will correct itself. Perhaps we will one day come to multi-generational mortgages similar to Japan where mom & dad take on the mortgage and the kids finally pay off the mortgage. Thats in some European countries as well. In Japan you can't buy a car unless you have a place to park it. Quote Link to comment Share on other sites More sharing options...
Puzzleboy Posted May 2, 2017 Share Posted May 2, 2017 I know people in The Magic Kingdom (Quebec) who pay interest-only mortgages...... I'd never heard of such a thing. 1 Quote Link to comment Share on other sites More sharing options...
Puzzleboy Posted May 2, 2017 Share Posted May 2, 2017 Pictures, or it didn't happen. she's all done and are in it. Just haven't had time to put up any pictures. Quote Link to comment Share on other sites More sharing options...
04nightfire Posted May 2, 2017 Share Posted May 2, 2017 46 minutes ago, Puzzleboy said: Pictures, or it didn't happen. Will get some up in the house build thread 3 hours ago, ArcticCrusher said: Thats great. How many months from start to finish? just over 5 months from when we first put shovel to ground Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted August 3, 2017 Share Posted August 3, 2017 Market starting to retreat. http://ca.reuters.com/article/businessNews/idCAKBN1AJ1IO-OCABS Quote Link to comment Share on other sites More sharing options...
atc Posted August 3, 2017 Share Posted August 3, 2017 We sold a few days before tax implemented but it was already slowing down because the market was being flooded with new listings. I was talking to an agent the other day and asked if alot of people walked away from deposits. He said no, alot of people renegotiated the price. I guess the other issue for those needed to mortgage alot got held up because they over paid. We are patiently waiting for the new house. Quote Link to comment Share on other sites More sharing options...
04nightfire Posted August 3, 2017 Share Posted August 3, 2017 1 hour ago, atc said: We sold a few days before tax implemented but it was already slowing down because the market was being flooded with new listings. I was talking to an agent the other day and asked if alot of people walked away from deposits. He said no, alot of people renegotiated the price. I guess the other issue for those needed to mortgage alot got held up because they over paid. We are patiently waiting for the new house. Looks good. Let the fun begin Quote Link to comment Share on other sites More sharing options...
atc Posted January 13, 2018 Share Posted January 13, 2018 On 30/04/2017 at 12:38 AM, atc said: Little ways away But the new house in Severn Bridge (Different color though) Almost a year since we first consI deres it. Last weekend first starting trip from the soon to be new house 2 Quote Link to comment Share on other sites More sharing options...
04nightfire Posted January 13, 2018 Share Posted January 13, 2018 Beauty. If it’s where I think it is, you are right by trail 4 Quote Link to comment Share on other sites More sharing options...
Pete Z Posted January 13, 2018 Share Posted January 13, 2018 31 minutes ago, 04nightfire said: Beauty. If it’s where I think it is, you are right by trail 4 Looks like the new subdivision in behind Cogswell's. 1 Quote Link to comment Share on other sites More sharing options...
1trailmaker Posted January 13, 2018 Share Posted January 13, 2018 nice ATC Quote Link to comment Share on other sites More sharing options...
Frostynuts Posted January 13, 2018 Share Posted January 13, 2018 On 5/2/2017 at 1:04 PM, Puzzleboy said: I know people in The Magic Kingdom (Quebec) who pay interest-only mortgages...... I'd never heard of such a thing. Interesting you mentioned this. My brother in law worked with many French guys in Montreal, and he told me way back in 1980 or so that the goal of every guy he worked with was to die with as much insured debt as possible. They all stretched their credit as far as possible, with zero interest in actually paying anything off. Anytime they purchased anything, the standard question was, how low can you get my payment. Worst case, if they couldn,t make a payment, the item would get re=possessed, but by then, they were ready to move on to something else anyways. Kinda makes you wonder who is better off, they sure live every day like it is their last. LOL Quote Link to comment Share on other sites More sharing options...
Puzzleboy Posted January 13, 2018 Share Posted January 13, 2018 That's because they know that no matter how dire things get in Quebec, English Canada will bail them out. Quote Link to comment Share on other sites More sharing options...
atc Posted January 16, 2018 Share Posted January 16, 2018 On 12/01/2018 at 11:47 PM, 04nightfire said: Beauty. If it’s where I think it is, you are right by trail 4 Thats correct Quote Link to comment Share on other sites More sharing options...
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