#8056447 - 01/22/15 10:27 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: iamfob]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107674
Loc: Barrie, Ont,
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Is there any night scene in Barrie?
Lots of places to go, Brandons place is my fav.
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-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8056552 - 01/22/15 11:15 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: LNXGUY]
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TheRealCSnapper
Post Master Supreme
Registered: 12/05/02
Posts: 31956
Loc: Toronto, Canada
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Is there any night scene in Barrie? Lots of places to go, Brandons place is my fav.
is "Bend Overs" still around?
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#8056556 - 01/22/15 11:17 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: TheRealCSnapper]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107674
Loc: Barrie, Ont,
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Is there any night scene in Barrie? Lots of places to go, Brandons place is my fav. is "Bend Overs" still around?
Yup.
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8057479 - 01/22/15 07:59 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: TheRealCSnapper]
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ehko
Quit being gay...
Post Master Sr
Registered: 10/16/01
Posts: 5401
Loc: Barrie, Ontario
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A ton of people come up from Toronto to party up here... the nightclub game is cheap compared to the city. $80 bottles, $3-4 drinks... there's too much competition for the amount of people out so the slow places discount the crap out of everything.
and then what, drive home for an hour and a half drunk at 4am....
Shit ya! Why not?! I'm assuming people have DD's... I've never really asked anyone.
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#8058930 - 01/23/15 04:36 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: TheRealCSnapper]
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c2k
Post Master Supreme
Registered: 05/21/00
Posts: 19304
Loc: Wiesloch-Walldorf, Germany
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A ton of people come up from Toronto to party up here... the nightclub game is cheap compared to the city. $80 bottles, $3-4 drinks... there's too much competition for the amount of people out so the slow places discount the crap out of everything.
and then what, drive home for an hour and a half drunk at 4am....
That's why you crash at uncle bil!!
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Who cares
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#8059694 - 01/24/15 11:20 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: Simon_the_Pieman]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107674
Loc: Barrie, Ont,
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we should hit a colts game and get wasted
You fuckers can sleep downstairs on the couch/love seat with the cats
_________________________
-Bill The GN would OWN you, your children and your children's children. Left foot, right foot, just keep moving!!! -Jeffrey P. Murphy
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#8066780 - 01/29/15 08:11 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: LNXGUY]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 45428
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Banks dropped prime for mortgages. Checked sales, yep bidding wars
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#8066787 - 01/29/15 08:18 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: Risky Business]
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Screamin Type ARGH!
High Value Poster
Post Master Supreme
Registered: 02/20/01
Posts: 47891
Loc: T.O. - Canaduh
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Banks dropped prime for mortgages. Checked sales, yep bidding wars
lol, well that didn't take long. this city is fucked for pricing but $$$ flows as expected.
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"Ban low performance drivers, not high performance cars"
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#8066793 - 01/29/15 08:21 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: Risky Business]
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spd-dmn
Post Master
Registered: 11/24/04
Posts: 2271
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haha but only 15 basis points
= like 200 bucks a year saved
bid bid bid bid
(also, bidding wars have been happening already anyway)
One place in markham off wooten way listed for 550 and sold for 588, detached (basement link), 160-ft deep, older house but great neighbourhood
same house across the street sold in june for 547
yep.. 7.5% increase in 8 months
dat crash doe
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#8067000 - 01/29/15 10:33 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: TheRealCSnapper]
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spd-dmn
Post Master
Registered: 11/24/04
Posts: 2271
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Risky, nah not right on wooten way it was on dewitt
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#8067003 - 01/29/15 10:33 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: spd-dmn]
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spd-dmn
Post Master
Registered: 11/24/04
Posts: 2271
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84 ramona has 9 offers on it lulz
it'll sell for 650+ i bet
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#8067017 - 01/29/15 10:36 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: spd-dmn]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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9 retards bid on 84 ramona lulz
it'll sell for 650+ i bet
seems about right.
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#8067019 - 01/29/15 10:37 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: TheRealCSnapper]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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sales and avg prices are down gta wide compared to last january. but that one house in *insert desireable neighbourhood* went into a bidding war. WHAT DAT CRASH DO DOE /EVERY CSI Ontario Post what that selection bias do doe.
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#8067192 - 01/29/15 11:28 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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4age
XD XD XD XD
Post Master Sr
Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
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sales and avg prices are down gta wide compared to last january. but that one house in *insert desireable neighbourhood* went into a bidding war. WHAT DAT CRASH DO DOE /EVERY CSI Ontario Post what that selection bias do doe.
Selection bias is irrelevant if the person is shopping in the areas with bidding wars to begin with. If it's a hot area + they are buying in a hot area, then the comments on bidding wars is absolutely relevant to what that person is shopping for.
BUT if you are talking about generalities, then yes, of course the GTA is not doing so hot. But also, if you are going to take a macro approach, most places in the GTA are shit compared to listings brought up by someone with a "selection bias".
You can't exactly compare like, lawrence park to brampton doe amirite.
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#8067257 - 01/29/15 11:57 AM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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4age
XD XD XD XD
Post Master Sr
Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
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so when are you gonna rent my house?
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#8067272 - 01/29/15 12:03 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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4age
XD XD XD XD
Post Master Sr
Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
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only ballers can afford more than 1 garage or something.
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#8067385 - 01/29/15 12:48 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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JEFFOS
Post Master Supreme
Registered: 01/27/00
Posts: 29176
Loc: Toronto
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Factor in land transfer tax to buy plus commission to sell, and it’s lost 12% Properties over 1 mil has been floundering for a while now. So a place like brampton is more likely to see increases than Lawrence park would. So you can keep blinders on over a specific 300 meters of a street, but it won't do much when the ball roles south No area is immune. So its not irrelevant. The whole area matters. The whole point was people continually bring up some "hot area" as if its indicative as to what is happening in the overall market place.
To a degree you're right and wrong.
300 meters or a specific street? Sure.
If it's an entire location or city? It will be more resilient - example I don't see actual detatched houses in Toronto being affected even close to the amount or even as quickly as other areas. Oakville will be more resilient than Brampton. South mississauga will be more resilient than North etc.
We won't see a crash just a slower appreciation or no appreciation.
Houses on the upper end of the $? Like 1.5 M and up you have more sitting because there is a smaller market and people are looking for specific things and have specific tastes for that money - it's more than just a roof over your head. Less competition more opportunity to be picky.
Then we have foreign money and investors - who knows where that is going to go.
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-Jeff
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#8067405 - 01/29/15 01:02 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 45428
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Factor in land transfer tax to buy plus commission to sell, and it’s lost 12% Properties over 1 mil has been floundering for a while now. So a place like brampton is more likely to see increases than Lawrence park would. So you can keep blinders on over a specific 300 meters of a street, but it won't do much when the ball roles south No area is immune. So its not irrelevant. The whole area matters. The whole point was people continually bring up some "hot area" as if its indicative as to what is happening in the overall market place.
Logic level: Toronto Sun home delivery subscriber
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#8067485 - 01/29/15 01:36 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: Euphoricuck]
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4age
XD XD XD XD
Post Master Sr
Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
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Jeff nailed it. Dingdingdingdingding
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#8067574 - 01/29/15 02:10 PM
Re: Bank of Canada cuts rate by 1/4%
[Re: JEFFOS]
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Euphoricuck
Post Master Supreme
Registered: 11/05/03
Posts: 92703
Loc: Canadistan
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who knows where that is going to go.
apparently you do
We won't see a crash just a slower appreciation or no appreciation.
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