why the fuck do we need more condos WE CANT EVEN AFFORD GROCERIES

😢awful

Stop trying to profit on housing... YOU ARE THE PROBLEM.

The biggest catastrophe is the one people are imagining. This entire slow down in the industry is based on people being taught to wait....and they are waiting for rates to drop and when they do, they will all return to buying ... at the same time, which is actually very harmful to them. People are blaming realtors, but the reality is people are generally greedy...why did they decide to buy in 2021- 2022... because they wanted to make money in real estate...not because a realtor convinced them. Stop being babies and realize you are a grown person who can make decisions. I spend a ton of time advising people, to my detriment, and then I land on a video like this and see a bunch of whiney adults so happy to see people fail - says a lot about you. No one should be happy to see someone (a realtor or a builder) go through difficulties.

It's things like this that inflate the prices of pre-construction condos. Thanks for pointing this little factoid out!

first one's skylight looks like shit. second one is bogus with the ceiling. third one looks worse with the wrong brick being used.

When I look at the beautiful condos they build around the world I don’t understand why we are not building masterpieces instead of the crap we see. We need to hire the real experts like the architects who designed beautiful King Toronto condo, that’s going to be iconic

Thats..fascinating to know.

The Toronto infrastructure peaked at about 2011/2012, it was all downhill from there

so me this program you are using to see this? id love to see whats going up potentially in toronto

Strata fees are at robbery levels.

Stop over developing the city. Toronto needs more green spaces not more high rises.

Sounds like something in that movie I saw that had Cher and Aguillera in it. It talked about air rights.

All this shows is that we need to limit the amount of land people and corporations own.

Still a shitty city.... there is no reason to even visit the shitty city......

Nice! 🤗

That proposed building on top of the Irish embassy looks like a parasitic fungus growing on an ant; bad design.

that 3D model really shows the future of Toronto... all the blue, massively over priced units purchased from the builders in the recent years... when they come due now and in the next few years... all units will sell for less. I assume those " investors" will only be able to take equity out of their primary home to close or get out of the deal. Cut the loss.... just heard from a lawyer friend of a building in Toronto... don't have the address but 2 different people, same building, units purchased for 770k.... 550 ish sq ft.... both assigned for 500k. took the loss of 270k and have to re-finance primary home.... biggest loss and will take forever to recover from these losses..... and not many talking about it.

so it seems like the condogedon is here.... we all saw it coming... so many more condos to still be built and units to come on the market... prices will just go down down down over the coming years. Buyers, just wait it out... next few years will be worth the wait. 300K TO 400K LOSSES today... and it's not in the news or general talk... i was just at a party last night... all home owners, i. asked, are you aware of the declines in the market? large six figure losses and they all said, where? no clue.... interesting times ahead. To your channel, you are one of the rare ones putting our real deals, numbers and facts.... I appreciate the rare honest video in our crazy real estate world.

Toronto used to be beautiful. Moved out 4 years ago because it's become an absolute pile of shit. Projects like the ones mentioned here are one of the reasons why.

Fastest growing city Toronto with a student seeking job they don’t have money 💰

Smart money 💰 don’t invest in condominium and not ❌ in Toronto and not ❌ in Vancouver wrong ❌ investment

I have absolutely no clue what’s foolishness are going through peoples minds to pay that much for a condo. An acreage or estate home, sure but not for a 700sq ft condo. Like seriously??

LMAO! So condo flippers now expierence financial loss? YES!!!! You parasite exploiters now expierence the other end of screwing over people for profit. KARMA!!!

What is the actual point to building these in the first place, who would bother buying these?

500,000 new immigrants each year

Architects from the 70s destroyed our city aesthetics why would someone think this new building is going to be attractive? It looks like something from the 70s!

They put the drawing into play with some basic engineering worked out in order to sell the empty space above the building for a huge profit which increases the cost of the other project and in turn raises property values... it’s all a game that requires a certain amount of capital to play.

Affordability or stagnant income a factor - Prices beyond the reach of the average wage earner -

are the billionaires autistic

Condo flippers are losing money? Cry me a river. 😂

they tore down my high school to build more condos. I frikin' hate this city so much.. every little nostalgic memory I had in this place has been torn down and ruined and just... I can't wait to leave but the legal paperwork of changing my citizenship is also daunting!

It’s how they use leverage to extort money out of each other.

Fk Toronto

Hang on….did he just say reyt for right? Talking northern English slang I like it. 👍

No one cares

Soo, the plot of burlesque...

Look at this;post stands at 5th elements toss cars from post to post,the lower ground traffic reduced like hov but al the time and tesla built the cars so light that must have been strong winds?❤

WEF and 15 Minute Cities !

This is just the plot of Burlesque.

Hilarious. Canadian real estate is the game of greater fool. If you were bullish at the right time, don't think you're a genius. I'm sure most were saying to buy these pieces of crap 2 years ago when the market could never go down...until it did. Party is over, at least for a while.

Hate yall

Talk about... 1st 🌎 Problems !

Even if i was crazy rich i doubt id ever put my money into living there, overpriced garbage quality building

So how much do you think they could get for the limiting distance agreement and how do they calculate it? Is it just feelings, or is it based on the expected revenue decrease by limiting southern exposure + lost bookings because people want to wait to see how it looks?

Everything about toronto sucks.

I can already hear the non-stop squealing of streetcars along that constant curve.

No one cares......

Great memories at that cineplex man crazy how fast that city is changing . Every time I go back to Etobicoke i almost not recognize what it looks like

It boggles my mind that there is demand for housing in such an awful place to live.