#8679281 - 06/02/16 01:20 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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I don't choose to buy a million dollar home, but sought after hoods are the reason why it's so expensive. I want to live in Rhill, but I can't afford the house I want(detached,2car garage).
If risky was buying a house right now, I'm sure he would think "twice" about Markham. But chances are he would still buy it, even if it was double the price, right?
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#8679286 - 06/02/16 01:22 PM
Re: There will be moaners and whiners
[Re: SuPeR-MaRiO]
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Wildout
Post Master Jr
Registered: 11/26/07
Posts: 1767
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Can someone explain this to me at what point does one CHOOSE a house that expensive? Not sure I understand your question. You're curious as to why people buy a house that is what, a million dollars? You realize that $1M isn't much nowaday. I'm not downplaying it but even in sketchy areas small bungalows are $750k. Perhaps they want to move closer to work to lessen commute times and increase family time. Perhaps they want to move to a good area with good schools for their kids (kids are in school 14 years of their lives pre-secondary education). I'm saying this with the notion people have completed some sort of financial analysis and have deemed it financially viable. Now if by saying "a house that expensive" you're referring to $2M, well its the same reason people were buying $1M homes 10 years ago.
The financially viable is the part I'm questioning.
Are they tapped out monthly, and carry forward debt each month or are they actually managing it?
Aka $120k income on 1.5M property drives old cars, and pretty much relies on cash
or
180k income, but everything is leased & revolves around credit & transferring balances & timing
Not sure if I'm explaining it right...
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#8679290 - 06/02/16 01:24 PM
Re: There will be moaners and whiners
[Re: Wildout]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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The question is why is Wayne still in Pickering
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#8679378 - 06/02/16 02:04 PM
Re: There will be moaners and whiners
[Re: Wildout]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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Can someone explain this to me at what point does one CHOOSE a house that expensive? Not sure I understand your question. You're curious as to why people buy a house that is what, a million dollars? You realize that $1M isn't much nowaday. I'm not downplaying it but even in sketchy areas small bungalows are $750k. Perhaps they want to move closer to work to lessen commute times and increase family time. Perhaps they want to move to a good area with good schools for their kids (kids are in school 14 years of their lives pre-secondary education). I'm saying this with the notion people have completed some sort of financial analysis and have deemed it financially viable. Now if by saying "a house that expensive" you're referring to $2M, well its the same reason people were buying $1M homes 10 years ago. The financially viable is the part I'm questioning. Are they tapped out monthly, and carry forward debt each month or are they actually managing it? Aka $120k income on 1.5M property drives old cars, and pretty much relies on cash or 180k income, but everything is leased & revolves around credit & transferring balances & timing Not sure if I'm explaining it right...
You are assuming everyone buying 1M+ is a first time home buyer.
Anyone with a home now that has substantial gains in equity can go and upgrade to a bigger house without a drastic increase in mortgage.
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#8679382 - 06/02/16 02:07 PM
Re: There will be moaners and whiners
[Re: Denis Si]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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I don't choose to buy a million dollar home, but sought after hoods are the reason why it's so expensive. I want to live in Rhill, but I can't afford the house I want(detached,2car garage).
If risky was buying a house right now, I'm sure he would think "twice" about Markham. But chances are he would still buy it, even if it was double the price, right?
I guess the difference between you and me is that we prioritize things different. You said you can't afford a detached 2 car, but could you afford a town, a semi, an old bungalow without a garage in R hill? I am positive you could, there still shit around 7-8, (R hill go train area, etc) It would be a HUGE downgrade for you though, but you could if that's what was important to you (living in R hill)
For me the house itself is the last on my priorities (I don't care, I can always knock it down and build), my goal first and foremost is a location that works (good commute, central, no scum, solid amenities, etc...all those are first before the house itself).
Different people want different things, if I had to buy now I probably would, but would have to get an even shittier/smaller house...but I wouldn't move to xyz suburb that I don't like just to get that "big house" that I don't need.
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#8679415 - 06/02/16 02:24 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Wildout
Post Master Jr
Registered: 11/26/07
Posts: 1767
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Can someone explain this to me at what point does one CHOOSE a house that expensive? Not sure I understand your question. You're curious as to why people buy a house that is what, a million dollars? You realize that $1M isn't much nowaday. I'm not downplaying it but even in sketchy areas small bungalows are $750k. Perhaps they want to move closer to work to lessen commute times and increase family time. Perhaps they want to move to a good area with good schools for their kids (kids are in school 14 years of their lives pre-secondary education). I'm saying this with the notion people have completed some sort of financial analysis and have deemed it financially viable. Now if by saying "a house that expensive" you're referring to $2M, well its the same reason people were buying $1M homes 10 years ago. The financially viable is the part I'm questioning. Are they tapped out monthly, and carry forward debt each month or are they actually managing it? Aka $120k income on 1.5M property drives old cars, and pretty much relies on cash or 180k income, but everything is leased & revolves around credit & transferring balances & timing Not sure if I'm explaining it right... You are assuming everyone buying 1M+ is a first time home buyer. Anyone with a home now that has substantial gains in equity can go and upgrade to a bigger house without a drastic increase in mortgage.
Ah true
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#8679421 - 06/02/16 02:26 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Big Tasty
Post Master Supreme
Registered: 02/10/02
Posts: 19690
Loc: Toronto
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The question is why is Wayne still in Pickering Cant afford unionville Leaside
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#8679479 - 06/02/16 02:54 PM
Re: There will be moaners and whiners
[Re: Wildout]
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Screamin Type ARGH!
High Value Poster
Post Master Supreme
Registered: 02/20/01
Posts: 47713
Loc: T.O. - Canaduh
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One of my wife's old coworker had a place in Leaside, he was a Creative Director in one of the big ad firms. He's Filipino and out working his garden one day and one of his neighbours thinking he was the "help" asked him which landscaping company he worked for cause the lawn looked amazing. I'd be triggered for sure!
LOL damn
_________________________
"Ban low performance drivers, not high performance cars"
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#8679486 - 06/02/16 03:00 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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I don't choose to buy a million dollar home, but sought after hoods are the reason why it's so expensive. I want to live in Rhill, but I can't afford the house I want(detached,2car garage).
If risky was buying a house right now, I'm sure he would think "twice" about Markham. But chances are he would still buy it, even if it was double the price, right? I guess the difference between you and me is that we prioritize things different. You said you can't afford a detached 2 car, but could you afford a town, a semi, an old bungalow without a garage in R hill? I am positive you could, there still shit around 7-8, (R hill go train area, etc) It would be a HUGE downgrade for you though, but you could if that's what was important to you (living in R hill) For me the house itself is the last on my priorities (I don't care, I can always knock it down and build), my goal first and foremost is a location that works (good commute, central, no scum, solid amenities, etc...all those are first before the house itself). Different people want different things, if I had to buy now I probably would, but would have to get an even shittier/smaller house...but I wouldn't move to xyz suburb that I don't like just to get that "big house" that I don't need.
I don't "need" it but I like having big house 2 car garage. But once kids are a bit older I'll move and downgrade. I work in Pickering wife works Scarborough. I keep looking st Markham but just cannot justify the price at all. Having said that, yea I'll move eventually to Rhill to a semi or townhome. You remember my folks old semi? Wish I could've bought it when they sold it
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#8679487 - 06/02/16 03:02 PM
Re: There will be moaners and whiners
[Re: Denis Si]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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There is a really nice townhome in Scarborough on mls right now(port Union) I really like it
Decent price too. 689,000 I bieleve. Take that over 800,000$ for a townhome on 9th line and 407
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#8679505 - 06/02/16 03:09 PM
Re: There will be moaners and whiners
[Re: Denis Si]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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Port Union area is nice, it's under priced for what it is imo. Would move there personally (Go/highway/close to scum but far away enough, water, parks, etc)
Where did your parents move to?
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#8679526 - 06/02/16 03:19 PM
Re: There will be moaners and whiners
[Re: Big Tasty]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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beautiful house/property.
Location isn't ideal, not a fan of anything of Kingston in scarb (west of morningside) from a logistics point of view. The highway is far enough where getting to it could be a PITA, Kingston moves slow, so that's out. Far from highway sucks imo.
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#8679721 - 06/02/16 07:17 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Denis Si
Post Master
Registered: 04/11/01
Posts: 2798
Loc: T.O.
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Port Union area is nice, it's under priced for what it is imo. Would move there personally (Go/highway/close to scum but far away enough, water, parks, etc)
Where did your parents move to?
Folks moved at the right time to dufferin major Mack area
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#8680129 - 06/03/16 07:31 AM
Re: There will be moaners and whiners
[Re: Denis Si]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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Nice, I think we drove there before anything was built. Is it a detached/2car? Swap houses with them
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#8696088 - 06/15/16 10:06 PM
Re: There will be moaners and whiners
[Re: Screamin Type ARGH!]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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So you gonna be coy or are you gong to post up the hardly shocking assessment details?
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#8696107 - 06/15/16 10:28 PM
Re: There will be moaners and whiners
[Re: Wildout]
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Wildout
Post Master Jr
Registered: 11/26/07
Posts: 1767
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#8697277 - 06/16/16 05:48 PM
Re: There will be moaners and whiners
[Re: Wildout]
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SW20_MR2
Post Master Sr
Registered: 08/27/01
Posts: 5282
Loc: Markham, Ontario, Canada
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Got mine. Assessed value went up by more than 50% since 2012. I'm pretty sure we could get the assessed amount if we sold today.
_________________________
1991 MR2 Turbo aka "The Myth"...does it really exist? 2006 Mazda3 Sport aka "Reality"...it really does exist...
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#8697320 - 06/16/16 06:34 PM
Re: There will be moaners and whiners
[Re: SW20_MR2]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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Just got mine as well, 41% increase since '12
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#8697480 - 06/16/16 09:13 PM
Re: There will be moaners and whiners
[Re: Risky Business]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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Got my property tax as well, it's going up 2.5%
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#8700389 - 06/20/16 09:27 AM
Re: There will be moaners and whiners
[Re: Screamin Type ARGH!]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107056
Loc: Barrie, Ont,
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House a few blocks away just sold for 75k over asking, lol Barrie.
_________________________
-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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#8700391 - 06/20/16 09:29 AM
Re: There will be moaners and whiners
[Re: Screamin Type ARGH!]
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Risky Business
Provides a Great Work Environment. he/him
Post Master Supreme
Registered: 05/17/10
Posts: 44883
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https://www.realtor.ca/Residential/Single-Family/17027349/28-WAVERLEY-RD-Toronto-Ontario-M4L3T1-The-Beaches saw this place this weekend while roaming around...figured it'd be like 1.2 to 1.5 mil...lol, nope. more. damn.
FAAAAAAAAAAAAAAAAAAAAAAAAK. I used to deliver newspapers for years on that same street as well as the whole kingston road corridor (18 years ago). You could've had that turd for like 250 back then.
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#8700393 - 06/20/16 09:30 AM
Re: There will be moaners and whiners
[Re: Risky Business]
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LNXGUY
Post Master Supreme
Registered: 08/06/00
Posts: 107056
Loc: Barrie, Ont,
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House a few blocks away just sold for 75k over asking, lol Barrie. poverty appreciation
_________________________
-Bill The GN would OWN you, your children and your children's children. '09 E90 335 d
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