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danley-genetors

Any other Canadian Redditors disgusted by the overpriced state of Canadian Real Estate?

Thu, 14 Jul 2011 08:44:19 -0700

Can I just say it?!

Who the hell is buying these things at the current prices?! Also, dear sellers, i'm sorry, your slum is not worth that much, don't be insulted by my much lower offer.

In my area there are so many properties that are extremely over priced that have been sitting for 4-6 months. When will people get the hint that Canadian Real Estate is priced too damn high!

/rant

Also, the real numbers. (taken from r/realestate)

Canadian House Prices vs. Income Growth - Part 1

Canadian House Prices vs. Income Growth - Part 2

EDIT: TD predicts housing prices to fall 10% (new article from yesterday). link

submitted by aplen22 to canada
[link] [149 comments]