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Any comments on what tends to happen with real estate markets in times of stagflation ?? Would be curious if anyone could shed some insight. Thank you.

"Realistic" prices are whatever the market will bear or stupid enough to pay for.

http://www.thestar.com/article/304688 Apparently you don't need to be "subprime" to join the credit gong show. Interesting to see now how far and wide this contagion goes. I'm betting credit card defaults are gonna be the next shoe to drop. As for Canada, correct me if I am wrong, but I...

I get the sense it is 50/50 with the TO Star at least. New in Homes more to do with homes, condo life, more dealing with condos. What's interesting to me is what I read recently in the Dec 07 issue of Macleans that depicts the marketing of condo buying as being cool, hip, chic, insert any...

No doubt there is pain and probably more pain to come. I am not so sure though that Canada is immune to the fall out. Yes, although we don't have the gong show credit to anyone fiasco here to the degree as in US, consider these factors. 1) The credit crunch now has started to hit ppl with...

Don't know how they determine "income", but if it is before tax income, then someone should look at the rankings again with AFTER tax income.

Agreed. Did my research and got out of deal. Didn't know how to price in the "slaughter house" and smell factor so anything I can't price in well, I rather not go there. I think alot of ppl forget that when buying, if you don't understand it, best if you don't go there.

Investor, PM me please if you're serious. Thanks.

The problem with "fixing it" is that ppl never learn and most have an attention span of a ADHD kid out of Ritalin and forget what happened yesterday let alone a decade ago. Drop interest rates low enough and provide enough liquidity and start another bubble elsewhere. Probably not in real...

One does not have to be "rich" (whatever that means) to profit from this. You just have to ignore the noise, do your research, have a plan, and don't be a pig. Those "suckers" as you put it most likely didn't do their research, listened to everyone around them and media, probably made some...

The system is ALREADY in place, you don't have to reinvent the wheel. All I am saying is take the model of the capital markets and transplant it into the real estate market. It doesn't take a brainiac to figure out that it is already moving towards that way with these "low commission" real...

I am sure there is a market for those that require use of knowledgeable agents, no arguement there. What I have a problem with is the forced monopoly on the real estate market as only agents have access to real time version of mls. I look at it this way, there use to be a time in the capital...

Congrats on the paper gains,....but quite frankly, I am a bit puzzled by your confidence and why you feel a 25% plus correction is impossible. Correct me if I am wrong, but I am almost certain in some parts of the US and UK, there is just that going on. Quite frankly, if I only leveraged 10 %...

Yes, I heard rumours abound that the stretch on Lakeshore and Spadina lakefront area is spec central. But with so many other developments coming up or newly registered, anyone else heard of other speculative heavy area ?? There's been alot built up along the Yonge Street corridor north of 401...

I hear you investor. All I am pointing out is whether you or I like it or not, speculators are going to be market forces to contend with and since I personally cannot control that factor, I might as well make use of it the best I can. As for ancillary services/businesses getting clobbered...

So if I am reading you correctly, you feel that a "correction" is more related to local/building specific factors or specifically the degree of speculation in a particular building or area rather than any macro factors I pointed out. I don't think I would disagree with you re. that fact, but...

I don't view speculators as being positive nor negative. I just accept that they are part of the market forces now and help to generate capital appreciation (on the up side) and deep value discounts (on the down side). Yes, it would be nice to have markets trend steadily upwards with little...

Wow, this project has really touched a nerve by the traffic it generated. To help me (as my mind only works on simple concepts) understand this better, I think it comes down to this: Would I buy into this ?? ANS: Probably not at these valuations. Would someone else buy into this ...

I was just half joking. Have no idea the $/sq footage for that particular property but when one reads stories of brokers hiring homeless ppl to line up to buy someone's conception of a project,....you got to wonder if we're closer to the top than the bottom.

Wow. Stunning map. Where I come from when I see that much population density in such a restricted area,....it's usally called a "ghetto". As for the recent news about condos outpacing detatched sales, it seems the prime driver for that is simply that detatched in the core is priced out of...