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That multiple units spike makes me kinda nervous. That would imply more supply coming on stream when demand may be waning and even if you just attended one class of economics 101,....you know what happens next.

If your talking about investing and market timing, then the old addage "buy when there is blood on the streets" would seem to be prudent. Right now, there is blood in the equity and corporate debt markets....but hasn't hit the TO RE market (yet). It's interesting that according to this...

Typically, Canada lags US (and other parts of world) as our total GDP is dwarfed by other nations and we export more than we import (ie. we typically respond to world markets, not lead it). Wasn't that long ago that we were bragging our equity markets were the only market not in a bear market...

Yeah, my opinion is that when credit and liquidity freezes,....it ain't pretty. Kinda like watching a slow moving train wreck unfolding. But anyways, if your opinion is that we are headed for a soft landing relative to US and other parts of the world (some parts 30-70% downside) and then...

The word "thesis" comes from the Greek θέσις, meaning "position", and refers to an intellectual proposition. And I would think that your opinion would be based on some form of intellectual proposition. Anyways, at this point, these would be semantics. What would be more important is as you...

By the age thing, I assume you mean you're young and haven't been through a sharp downtown in markets (be it real estate, debt, commodity, or equity markets). Anyways, in an earlier post you bragged about the profits you made. I am curious, did you actually make a profit (ie. sell) or are...

A thesis is basically an opinion. So your opinion is that we are going to have a "mini-recession". What makes you think that ?? What do you base this opinion on ??

So your thesis is that we are going to share in all the upside of other world markets but we will never share the down side of other world markets....is that your thesis ??

YEah, sounds like what ur on the hook for is a "promise" of a condo at some point in the future and that's essentially what ur selling if you want to sell. I guess the bigger question is do you need to sell ?? That is, do you need to jettison this paper contract you have right now so that...

So if I am hearing you correctly, you are saying because TO has not appreciated as much, we will not fall as much relative to rest of the world. But that still begs the question,....where is the upside if TO is in fact a chronically undervalued region that will follow the rest of the world up...

Actually, I have no clue what you are asking. Are you looking to getting into real estate market now to make profits in the short term (probably now not the best time) ?? If you're asking re. in general in all market conditions, I would have to say all matters and some will matter more in...

Agree, nothing is set in stone until both parties sign on dotted line. Or if you can wait out a bit longer,....you will most likely have more negotiation leverage in say a years time as the balance swings more in favour towards a buyers market.

I still have not come across a plausible arguement yet as to why Toronto or Canada for that matter would be immune to this contagion. One thing that would be good to keep focus on is the jobs #s coming out of Canada as it hasn't fallen off the cliff (yet). But if I were in the financial...

Ummm, you mean like the cranes and projects I saw in Florida/California/UK/Spain etc.... a few years back ?? Listen, not trying to be a smart ass, but in an earlier post you indicated TO prices are undervalued relative to world prices, yet if you look around, there is a GLOBAL credit crunch...

UD, you been around I am sure so you must know when there is blood in the streets, that's the time to buy. Not bragging, but nibbled at some financials (not banks) and oil yesterday and got some healthy returns today. But that's just one day, I know. To the original poster, as to...

At that price range and size,...I don't see why this project is any different from the plethora of new projects and the existing stock on market. If you are going to advertise your services on here Edward, could you please at least inform us as to why this project stands out as I just don't see...

Of course Harper is going to say everything is fine, what else can he say ?? I was kinda suprised to hear about the spending habits and level of indebtedness of Canadians as being an issue. It had been dogma that we were suppose to be more financially responsible than the US,...but I guess...

ARen't they the project that is "auctioning" off stuff they can't sell ?? If so, I think we should all show up and bid the units down and then flip them for a quick buck. :) If they are the project that's auctioning their dogs,....sounds pretty desparate to me.

Agree with Zen. If someone can explain to me how a global credit crunch NOT effect Toronto, I would love to hear from you. Was there an anti-credit crisis force field put up around Toronto recently that I haven't heard about ?? I am more of a believer in "first one in, first one out"...

As I recall Gei from previous posting your holding on to your condo and not leveraging nor flipping and mocking me for asking about real estate shorts as a hedging strategy. So the question begs, what do you mean by made a healthy appreciation when you haven't pulled the trigger on the sell...