You mentioned Investors at the beginning of your vid. It seems to be, especially in the US, 1st time Home Buyers are being out bid/priced by Investors. It's such a big problem in the US! As much as they are credit worthy & have average cash flow, new Home Buyers can't compete with these Investors and find it difficult to buy or rent. Even with the Investors to Owner caps, it's super difficult: especially in CALIFORNIA. 😞
The washer and dryer in the bedroom of the second place is a NO. I've always liked the Mercer building, but it's such a luxury building so it's always more expensive. The rent prices are insane.
The studio had a disproportionately large kitchen. The one-bedroom is legally a studio, but a large one. The two-bedroom is quite OK, and all three are expensive!
They brought in 1 million people this year + refugees and students, and built 2000 affordable units in the same time. There literally isn't enough units in the country for the people in it already. We're already lacking a couple million units, and it's supposed to shoot up to 6 million deficit this decade. 5-10 people living in 1 place can pay a lot more than 1 or 2 people.
I'm always amazed at the differences in costs from one city to another. I know a lot depends on amenities, wages, etc. = but in my area five miles north of downtown Phoenix, a two-bedroom apartment (or condo) rents for about $2,000/month. But downtown in a high rise here, the prices are probably even higher than a similar place in Toronto. Housing inflation all over North America seems to be CRAZY. Unfortunately, these things are driven only superficially by consumer demand and more by interest rates and sheer greed.
Yea some of those condos...😬😬Safe to say not my style... BUT it's all about heading out, feeling the vibes of the city and enjoying where you are...One of the greatest cities in the world. Great vid!
Thanks Dem for the info. Starting the process of apartment hunting for my daughter who is currently in residence at TMU in Toronto and looking for her second year housing. Wish us luck.
We’re so screwed, this is a dark comedy, this is laughably absurd, how did we get here. It’s just an absolute open season on renters buttholes and that’s just the way it is now and forever. I guarantee that first pos is gonna be $4k by next year and who’s gonna stop that? Who can say that isn’t allowed? It’s completely legal and successful as long as everyone is charging the same thing. This is never going to stop.
Too Expensive! Be careful with the scams ! & the price of real estate properties are drastically plunging and will be even worse based on all the accumulated datas. The market now is literally a disaster. They are trying their best to sell it with a unreasonable price before the price drops very sharply.
You mentioned Investors at the beginning of your vid. It seems to be, especially in the US, 1st time Home Buyers are being out bid/priced by Investors. It's such a big problem in the US! As much as they are credit worthy & have average cash flow, new Home Buyers can't compete with these Investors and find it difficult to buy or rent. Even with the Investors to Owner caps, it's super difficult: especially in CALIFORNIA. 😞
The washer and dryer in the bedroom of the second place is a NO. I've always liked the Mercer building, but it's such a luxury building so it's always more expensive. The rent prices are insane.
You’re so made for this DEM !!!!!! I live nowhere near Canada 🇨🇦 but here to support 👏 BOOK DEM YALL !
They can keep them. 🤣
I live on my boat. I pay $250 a month all in. Best view and amenities (yacht-club) possible.
can i join you
The studio had a disproportionately large kitchen. The one-bedroom is legally a studio, but a large one. The two-bedroom is quite OK, and all three are expensive!
I dont get it...low unemployment, high rents, high cost of living, economy not thriving....3200/2bd are quick to rent. what is going on?
Immigration surge
They brought in 1 million people this year + refugees and students, and built 2000 affordable units in the same time. There literally isn't enough units in the country for the people in it already. We're already lacking a couple million units, and it's supposed to shoot up to 6 million deficit this decade. 5-10 people living in 1 place can pay a lot more than 1 or 2 people.
@@Rspsand07 … the math ain’t mathing … Canadians need real solutions
I'm always amazed at the differences in costs from one city to another. I know a lot depends on amenities, wages, etc. = but in my area five miles north of downtown Phoenix, a two-bedroom apartment (or condo) rents for about $2,000/month. But downtown in a high rise here, the prices are probably even higher than a similar place in Toronto. Housing inflation all over North America seems to be CRAZY. Unfortunately, these things are driven only superficially by consumer demand and more by interest rates and sheer greed.
Love the vlog style vids! Very informative
Really enjoy your video tours!
Yea some of those condos...😬😬Safe to say not my style... BUT it's all about heading out, feeling the vibes of the city and enjoying where you are...One of the greatest cities in the world. Great vid!
Really very useful video.. would like to see more :)
Thanks Dem for the info. Starting the process of apartment hunting for my daughter who is currently in residence at TMU in Toronto and looking for her second year housing. Wish us luck.
That's amazing. Feel free to reach out should you need any help with the hunt!
I’m here for the same reason 😂 daughter at U of T, looking for second year not residence
We’re so screwed, this is a dark comedy, this is laughably absurd, how did we get here. It’s just an absolute open season on renters buttholes and that’s just the way it is now and forever. I guarantee that first pos is gonna be $4k by next year and who’s gonna stop that? Who can say that isn’t allowed? It’s completely legal and successful as long as everyone is charging the same thing. This is never going to stop.
Great update - love the red seats in your car! Lol 😂
Remember these new condo don't have rent control and make sure when you are moving into a new condo it was built after November 2018
You mean before ok
here in quebec you can get 2 bedroom with space for 1300 1500 lol
really
Why didn’t I get the notification for this?
Who TF has $3000 a month for rent lol. What a rip off.
A small small percentage 😂
Yeah I need to meet those people so I can make how much they make n get my own house 😂
Too Expensive! Be careful with the scams ! & the price of real estate properties are drastically plunging and will be even worse based on all the accumulated datas. The market now is literally a disaster.
They are trying their best to sell it with a unreasonable price before the price drops very sharply.
loved this video!!!
Just here to like the video 🙂👋🏾
No I didn't want to Rent in Toronto, I meant Ontario, California they keep saying Toronto Ontario
That last place...I'd rather have the extra 200 square feet as living space than as a nearly useless balcony. Why do they build them like this?
not worth it.
Damn I’m happy I don’t live there 😭😩
Why rent prices are insane why don't they do anything
Because people still rent 😂
2300$ for a bachelor unit and it’s a « good unit »…. Hmmm ok 😂
Never stop sharing, I'll always be watching. Find out the secret - P R O M O S M!!!
i live in edmonton alberta i wanna move to toronto so bad 😭
NO
👍🏽🙌🏽
We didn't come to see your face, we came to see the house😠
I know a guy that says he live in toronto for free with his parent