Reverse offer? How a slow Canada housing market is forcing sellers to get creative

A flood of listings is creating a buyer's market in some Canadian housing markets and forcing some sellers to get creative to land a deal.
In Toronto, where there is a plethora of condos, for example, some sellers are even letting buyers know they’d go lower than asking - in what’s called a “reverse offer.”
But even as condo sales are down, prices continue to climb due to high construction costs. Global's senior business reporter Anne Gaviola reports.
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[@alexsteven.m6414]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@fresnaygermain8180]

I advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now because cash is definitely not king right now!

[@bernisejedeon5888]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@edelineguillet2121]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@bernisejedeon5888]

When ‘Sharon Marissa Wolfe’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

[@valeriepierre9778]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@Phlegethon]

A seller offering a discounted price is called a price decrease

[@Karlswebb]

No, there is a difference.

[@bpd9660]

Offer 40 percent below ask

[@XEQTIONRZ]

But I think the seller is approaching the buyer, which is not usual.

[@theastuteangler]

lol investoors are desperate. they are relabelling falling prices as "a reverse offer". just friggin stop already lmao

[@rally_chronicles]

Hahahha

[@thewhitecarrot]

😂

[@-rb_1]

😂

[@cosmoray9750]

Investors is just another word for Speculators.

[@theastuteangler]

@@cosmoray9750 or "gamblers"

[@rubikscub3]

Is that really being "Creative"? - Realtors are so dense

[@lsophial]

Indeed. They are just trying to use words to look smart.

[@Tubeofbeans]

I wonder if Realtors will now put signs up that said “Sold Below Asking”

[@B.D.F.]

0:40 “Forcing her to get creative with a rare reverse offer. That’s where the seller entices a prospective buyer with a discounted price and a *real* willingness to bargain.” Unlike the previously *fake* willingness to bargain. **Bargaining is not “getting creative”** it’s selling like a normal person instead of a greedy investor.

[@david-Davidson]

"Interest rates have to come down for buyers to come back" Wrong, prices need to. Im talking -50% correction in prices from here.

[@suziesuwandi2748]

In China properties

[@david-Davidson]

Banks think we're dumb enough to not realize they've propped up the market artificially by extending amortization

[@redMaple_QC]

$500k for a 400sqft. You have to be crazy. No wonder people don't have kids.

[@stevestevens502]

lol

[@JeremyMacDonald1973]

They have been building loads and loads of these sub 500 sq. feet condos specifically for the investor market for the last 5 years. So long as interest rates where low and condo prices always went up they where a good investment vehicle. You could rent them for a little more then the mortgage and expect to sell them 10 years later for twice what you bought them for but that all came to an end with rising interest rates. Now you are making a loss every month because no one will rent a 1 bedroom shoe box in the sky for $3000 a month and the prices are falling every month. The investors are desperate to get out but, unlike with houses, there are no buyers because people might rent a shoebox while dreaming of the day they will move and live somewhere better but they won't buy it to live in it so you can't sell the damn things. Eventually the sellers are presumably going to crack and have to sell at lower prices (maybe I am willing to buy and live in your shoe box if it is only $250,000 and the damn townhouse in Markham is $1.1 million) because they still have to pay the mortgage every month - but for the moment the investors are white knuckling it hoping things turn around somehow.

[@greentomato929]

Or you know lower the prices

[@JessT-vg7ib]

lower them by a lot

[@felixthecat2786]

Even with the "discounted price" it's still too damn expensive.

[@Mikebrowski]

what sales are down, but the prices are rising??? Excuse me???

[@quackywhackityphillyb.3005]

sales are down BECAUSE the prices are rising

[@John.F_Kennedy]

Well no, prices sky rocketed because of extremely low interest rates from the pandemic. Now, interest rates rose which means the cost of mortgages rose which means it is far harder for people to get and sustain a mortgage.

[@andg5194]

She is talking about new building prices. "prices continue to climb, thanks to higher construction cost" material and labour cost is going up

[@kyleklmondwa9042]

And TENS of MILLIONS spent to (try) find the moldy skeletons of murdered women (possibly) burried in a Manitoba landfill...We've now entered Late Stage IDIOCRACY. Pass the popcorn.

[@runningfromabear8354]

We're house hunting at the moment. Sales are do2n but prices up. Think I'm clueing I to why. Properties that sell have best location and best layouts tend to attract multiple offers. We've bowed out of a few bidding wars still going on. Buyers are jumping at the same properties. Those properties not attracting offers aren't included in sales prices because they didn't sell. Which gives the owners of low attraction properties the impression that they should be able to get a better price. So 5hey don't lower prices significantly. But the only way they'll attract buyers is if they significantly reduce asking price. Which feeds into prices going up. Prices aren't really going up overall if sales are down. It just means highly desirable locations retain value like they always do.

[@MK44078]

you can always sell them for what they are worth... $50k

[@pmoney070783]

"Condo fees" is the other reasons why people aren't too interested in them. Condo managers seem to have the upper hand in raising prices with little consequences.

[@suziesuwandi2748]

The same with land taxes for the homes 😊

[@Tubeofbeans]

Not really. You pay land tax AND maintenance fees for condos.

[@suziesuwandi2748]

@@Tubeofbeans No, not in a flat. Study first before spreading lies

[@Tubeofbeans]

I was specifically talking about condos

[@richardrogers7479]

I was on a board of directors for a condo corporation, its not the management, its all the costs to run to building, you would be surprised that very little money can be saved month to month, the biggest expense beyond maintenance, things like pools and underground parking, is the trust fun for major expenses, Government mandates a certain amount be put aside in case of an emergency for a large expenditures. That is the largest portion each month. In some buildings your heat and power are covered and that is a major expense month to month.

[@Arkhanno]

Looks like sales are going to continue to be low of prices are rising! Also, no one wants condos. Why would I pay a mortgage for an apartment that I also have to pay fees on, with my own maintenance on top of that? That's absurd.

[@rally_chronicles]

They should just make nice apartments. All you need is a superintendent, a few security guards and some maintenance people. The hell am I paying 500-900 a month for?

[@dansolo360]

@@rally_chronicles totally agree. Some of my friends are paying $1200 a MONTH!!! that's outrageous. Plus your mortgage, plus the tax.

[@JeremyMacDonald1973]

@@rally_chronicles The catch is who should make the nice apartments? If one goes back 40 years, when Canada actually did construct apartments, the buyers where basically various unionized companies. The average apartment won't turn a profit for 35 years but generally is pretty lucrative from the 45 year mark. It was the kind of investment that made sense if you where looking way down the road on how you might help off set the costs of your employee's pensions but makes no real sense for any individual investor. These days I question if there is really any investor that wants to buy an apartment. That does not take them completely off the table. The Europeans (at least some of the countries) are really big into making massive numbers of apartments but they do it by utilizing the populations tax money - not sure Canadians want to pay higher taxes for that sort of thing.

[@apelle92]

@@dansolo360 If that's even true, it's an anomaly. My condos fees are slightly above 400 on 1000 sq ft in a well-kept building with a strata on top of maintenance. Even looking today, you could scan through 100 listings and not see anything near $1200 a month, unless it's a 3000 square foot penthouse. When you break it down, total overhead to maintain a condo is probably not all that different than the cost to upkeep a house. Your maintenance might be higher if your building has a pool, but you'd equally have a higher overhead if you had a pool in a single-family home.

[@runningfromabear8354]

​@@JeremyMacDonald1973 actually, back in the day governments subsidized apartment building construction right up into the 80s. Until post-war years when governments subsidized construction, housing was always the biggest cost of living aside from following bubonic plague. Unless society is willing to make wealthiest population pay tax rates of the 50s and 60s again to offset cost of housing, it's going to be too expensive for businesses to take on the risks of building apartments in significant numbers.

[@OscarOwenn]

I reached $100k last quarter, which felt good but anticlimactic. You still keep working, saving and making good choices in an unstable economic environment. However, despite market gains, my portfolio has seeing great decline. I'm looking to improve it and maximize returns.

[@angelodgreat6561]

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[@ms_christinejones]

In their portfolios, everyone needs a margin of safety. It's not possible for me to give specific guidance, but speaking with a fiduciary advisor is essential for sensible portfolio restructuring.

[@OscarOwenn]

Glad I found this discussion. My portfolio hasn't done well lately, and I think I need a financial advisor. How can I reach the person helping you?

[@angelodgreat6561]

She's known as *Leah* *Foster* *Alderman* One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with and set up an appointment.

[@Nivin-ut8zg]

Bots

[@JJTMStudio]

500 Sq. Ft with no balcony, pressed between upper and lower suites AND a monthly strata fee -- kiss my butt. No thx! 💣💥

[@ithinkthat]

Never cared for condos. They are expensive for what you get and then you have the perpetual cost of condo fees.

[@annetoronto5474]

And getting notice letters every week for water shutdowns because of maintenance. Also you hear construction and remodeling all year long! The noise from drilling carries through the walls and floors, very annoying if you work from home or are retired.

[@JessT-vg7ib]

Maybe if the sellers cut their prices in half they would sell.

[@redMaple_QC]

Real estate investors are vampires. Housing shouldn't be a get rich quick scheme.

[@JessT-vg7ib]

Don't be ridiculous...real estate investors are worse than vampires.

[@redMaple_QC]

@@JessT-vg7ib 😂

[@JeremyMacDonald1973]

If we look at the data the vast majority of investors are your basic two income boomer couple. Huge numbers went into real estate believing this would be a way to help fund their retirement.

[@MK44078]

Ticks

[@Phlegethon]

It’s call a housing crash

[@annetoronto5474]

We are definitely in a recession, but they don’t want to admit it to the public! Mass immigration, foreign workers and students have made housing unaffordable and that affects our spending… we have less money to spend on other things, life is less enjoyable.

[@runningfromabear8354]

​@@annetoronto5474 also, no one talks about how many people got out of rental business. I'm house hunting and so many houses have empty rental units in them. No one wants houses with basement apartments. Small landlords left during covid. Not only are we dealing with more competition for rentals with new arrivals, we're losing rental stock. I know 5 apartment buildings and townhouse complexes in Mississauga and Brampton that have been converted into condos and freehold townhouses. Our rental stock is actively shrinking and news outlets aren't talking about it. Why not? It's a large part of why rents are increasing. Either we need to make it less risky for landlords to operate (more free market conditions) or we need governments to get into housing business. I don't even care which anymore but what we're doing right now is shrinking rental options.

[@bman1990]

Finally, get these greedy investors out.

[@Bob-wz4my]

So the new thing is that we are spinning price reductions as a reverse offers? I guess you have to say something to not look stupid when you claim that prices are going up.

[@speedyfeint]

god damn house hoarders.

[@SaHlGood]

So let me understand what she’s doing. She’s lowering the price of the condo not the asking price so she’s faking a price hoping for a bidding war to get the price to where the seller wants it to be so she’s lying to the buyer to attract more buyers how’s that working out for you?

[@SeroSerereSeviSatus]

Do a reverse bidding, you more 3 ppl offer a price lower than she posted

[@lookanabeauti9386]

Investors are one of many reaons we are where we are in the real estate market. They just took advantage of an envieonment created by ALL previous governments and the BOC. Incompetency and greed has cost us all.

[@JimboJonas]

Purposing listing high then saying “reverse offer”, putting out the real price you were expecting

[@theoffspring07]

Sellers need to lower prices

[@JohnsonAlima]

👍👍I love the grounded reality of this channel! Despite the economic recession, I no longer depend on Government Grants since I acquire $40,400 weekly profits

[@Philip0128]

Great news! how did you get that?

[@JohnsonAlima]

It's all thanks to Robert Marion

[@Georgesam385]

trading under proper guidance remains the best way to succeed in today's crypto market

[@shayelynne]

I know Robert Marion. He platform maintains a unique perspective and is very transparent with their investors. Regardless of whether or not he outperforms. I will forever stay invested!

[@GeorgeDickey-rw4hj]

Yeah, $50k from Robert Marion, looking up to acquire a new house, blessings 🙌

[@hyancarr]

Let’s call a spade a spade, bottom line sellers need to decrease prices, no matter how realtors try to ‘rebrand’ current declining real estate market. 🙄

[@AerialBluezBird]

Some of these condos are built for investors to buy and sell, and not for people who actually plan to move in. Some of them don't even have closets. As Andrew Chang put it, sellers can't sell, and buyers don't like their options.

[@stephanienguyen6992]

DON'T BUY - LET SEE MARKET ROCK TO THE BOTTOM

[@I-wh2lh]

not creative enough to lower the price

[@wlee5494]

Canada has created the conditions for sky high prices, and now low turnover in highly speculative condo market, and both the Federal government policies and Canadian banks greed are to blame. No capital gains tax when selling your principal residence and lack of longer than 5 year mortgage terms are to blame for our pridicament. Builders, developers, and renovators all pay income tax when they sell a home, but speculators and flippers are rewarded with tax free gains, this is the core of the problem. Why are 5 of 6 Canadian banks in the top 10 most profitable Canadian companies? Just look at the amount of interest an average homeowner in Canada pays over their lifetime as a percentage of their purchase price. It's many times what our US cousins pay, because our Canadian banks want us to renew and thereby resetting the term every 2 to 5 years, so we work to pay interest, and then we have a tax free gain when we sell. This condition has led us to low productivity because who needs to work when you can just flip homes tax free? Canada mortgage debt as a percentage of GDP is 130%+, US mortgage debt is less than 50% of their GDP. Not addressing these 2 core issues and then compounding the problem by bringing in millions of immigrants with no housing planned, and immigrants with no construction skills is compounding the problem, the artificially low rates over the pandemic only added to the problem, but our government needs to make meaningful changes to the tax and mortgage rules first before solving issues like building on Greenspace. It's laughable when we say we have no land to build on, Canada has more land per Capita than any other country on the planet, we are on dire need for some urban sprawl.

[@bigguy6175]

You know..... the principal residence exception only applies to your principal residence right. Ie the house you live in. Speculators don't live in the units they speculate on

[@Junknown764]

Good luck at keeping prices for condos high. No one is buying, nor is anyone stupid enough to buy. Condos should all be worth at least $100k less than what the asking for is, more than half of condos are empty in the downtown core.

[@Yelllowchild7]

Want these damn investors to lose their pants on this

[@Mehmed317]

😂 be careful what you wish for. Those investors will take down the banks and with banks economy, wages etc. House of cards

[@simonrobineau2520]

Not long now until we start seeing condos and houses being sold at a loss. That’s what happens when investors and big businesses buy out all the real estate and jack up the prices to where nobody can afford them.

[@johnhui33]

How about no more investment residential properties allowed? How about 100% captial gain tax if you don't live in your live at your principal residence?

[@EvansBoy1992]

Demand is down but prices are going up? Sounds like the "rally" is losing steam. Why do people list their condo at a price that won't sell?

[@nonasmith2405]

Prices will go back where they should

[@foghornleghorn2445]

Slow depending where you live. 3 houses went up for sale on my street in the last 2 months. None lasted more than 3-4 days.

[@stevestevens502]

they're talking about shoebox condo monstrosities

[@jeffreyl2598]

The people buying is people who currently have a mortgage, and is upgrading their home. If you own a townhouse, then you can afford to buy a detached house if you have a combined household income of 200k. If u are a first time buying and on one income then it's impossible. Even 2 incomes less than 200k won't be enough

[@user-zu9go2fm8g]

Those pre-con "investors" that bought 6 properties in Toronto (one below commercial loan requirements) got burned! Not sad at all, they were greedy and ignoring a cardinal investment rule - never put all your eggs in one basket with leverage. Most will lose more than their deposits.

[@thebatman8895]

Sales are down because sellers refuse to reduce their asking prices during high competition. If sales are slow and inventory is high then prices should fall, but sellers are refusing to sell for less. And realtors are refusing to cut into their commissions on the sale to sell for lower prices.

[@robertpinder2307]

How about a 2 for one deal? Two 500sq ft conjoined units for the price of one? Dang, Double condo fees, elec, water and gas bills and taxes make it still unaffordable!

[@bpd9660]

Dont buy anything.. prices headed much lower...

[@doinitforfun888]

Look at the townhouse just sold in Mississauga,Ont for a 400k. Loss from it's purchase price during COVID-19. The pin is bursting in some areas especially the condo market where inventory is sky high, but buyers are on the sidelines waiting for further interest rate cuts.

[@leonardmacaulay9833]

Not much of a market for “condos” with 400-600 Sq Ft ! That’s a hotel suite !

[@econhelp583]

Investing can be risky; but hey, at least you had money to invest! Real estate is better when interest rates are low, but inflation is going to be tough to bring down and interest rates will be too high near term for most condo buyers. The only way to clear the condo market is for prices to drop. Not rocket science.

[@skipj5480]

Eventually the market will react and prices will drop. This isn't creative it's just losing capital. Stop being dense and bring down your cost to market value.

[@JeremyMacDonald1973]

They have been building loads and loads of these sub 500 sq. feet condos specifically for the investor market for the last 5 years. So long as interest rates where low and condo prices always went up they where a good investment vehicle. You could rent them for a little more then the mortgage and expect to sell them 10 years later for twice what you bought them for but that all came to an end with rising interest rates. Now you are making a loss every month because no one will rent a 1 bedroom shoe box in the sky for $3000 a month and the prices are falling every month. The investors are desperate to get out but, unlike with houses, there are no buyers because people might rent a shoebox while dreaming of the day they will move and live somewhere better but they won't buy it to live in it so you can't sell the damn things. Eventually the sellers are presumably going to crack and have to sell at lower prices (maybe I am willing to buy and live in your shoe box if it is only $250,000 and the damn townhouse in Markham is $1.1 million) because they still have to pay the mortgage every month - but for the moment the investors are white knuckling it hoping things turn around somehow.

[@Rflows100]

250k is still heavily inflated. 25k to 75k is reasonable as maintenence fees are still payable

[@esparda07]

Falling dominoes start slow...then they speed up.

[@SW-li7gd]

I only buy houses. Don't like condo fees and strata dictatorship.

[@user-uz1si3fu1i]

Congratulations on the housing Construction Project in Canada 🇨🇦

[@dabidibup]

Solution, turn them into multi-level simulation games

[@syntaxer1984]

This has absolutely nothing to do with the capital gains tax

[@zachweyrauch2988]

It probably does....you bummed that investors can't keep canadians homeless as effectively or something?

[@roxanereddy2471]

Vermont just increased the state tax to 13.8 % for education, homeless rate well increase be if rental or privately owned. And the taxes have increased for second home owners. Plus home insurance have increased and frozen, because of all the past claimeds.

[@reddwarf3046]

So what if the prices are not going up as fast as they have been...and people with money to buy an "extra" condo for investment want to cash in, prices are not going down or back to what they used to be. Will I get a condo for $80K like when I first graduated? No. They'll still be around $600K to live in a box and pay maintenance fees at rates that used to be people's rent.

[@apelle92]

Lol @ sideliners hoping that the "bubble" was going to burst, yet, even amid high interest rate environment, prices continue to climb. Prices will just keep climbing with rates starting to come back down again.

[@wc4109]

There’s a condo glut in Toronto… then there’s a housing crisis shortage in Toronto… Do they not contradict each other? I don’t get it…

[@ting280]

lmao these idiots got greedy and priced themselves out of the market

[@voytech3892]

Hilarious wording thx 😄 😁 🤣 😂

[@cowtippingrocks]

Buyers market!

[@Megafoot2164]

This constant churning of the residential real estate market in the GTA ? Who ultimately benefits ? My guess it’s like the doughnut , dessert & bakery industry. Ultimately it’s the sugar plantation owners who control the sugar industry. Only in the real estate market, it’s the realtor’s, the lawyers, the municipality’s that are the addicts to that flow of cash from the sales of home’s. There was a time, when you bought a home, you sat on it for 40 or 50 years, maybe you cashed out or you left it as part of an inheritance to your kids. Now, residential real estate is reported on and treated like the stock market. It’s daily & weekly reporting on up and down value’s & sales. To what end ? Who really benefit’s, is the question people have to ask themselves ? Buy a home your comfortable with, hang on to it, and much much later you’ll be ok. A house isn’t a used car. 🇨🇦✌🏼🇨🇦✌🏼🇨🇦🤨

[@winstonsmith935]

Greedy is down

[@ToiletPlugger]

In order for things to be "fixed" these sellers are going to have to take a loss. Until then they've just bought low and sold high....just not AS high which Is still ridiculous.

[@randomrazr]

those poor realtors. NOT

[@fernandop4393]

A new name framed by our press

[@mqii]

Condos are listing at a higher price now aren’t going to sale. Every seller is just keeping their hopes high now…until it gets too late

[@apelle92]

Until interest rates fall enough to a point where buyers can qualify for a mortgage. Pretty sure it's not about buyers not wanting to pay the high prices, it's about not being able to qualify and waiting to see where rates go. Whether it's rational or not, everyone still holds the belief that prices will continue to rise in the long-term, so to mentality will always be to get in when possible. The only price decrease I see happening would come from the cost of interest side, not the property value side. Also, if any current homeowners renewed/took out a mortgage during the pandemic when rates were very low, it'd be silly to move now and not take advantage of the remainder of their term with low interest rates. Otherwise, they'd be then locked into a much higher rate AND have to pay the costs to break their mortgage early. This is also likely contributing to the lackluster market right now. By the time interest rates are somewhere in the 3's I suspect the market will return to normal.

[@EyeSee4.8]

People are going to think this is a good thing because the whole picture eludes them. A quick example for everyone. 2 weeks ago we had a housing shortage. People cannot afford to rent or buy. Who is going to build a house they cannot sell? Why would you risk your finances to build in Canada when the common theme is more taxes for everyone. Will people have more money to buy a house after then next tax increase raises the price on everything?

[@bobbush5339]

People bought few houses of Covid relief money of CRA as investors. There is no housing shortage.

[@flawyerlawyertv7454]

👍

[@samben8915]

They always invite the same realestate agents. It is boring

[@bigpurplepops]

People invested in unlivable shoeboxes without considering the people they would rent/sell to. Now the covid price bubble popped and all the SHB's are (not) selling at once...

[@cuervoblanco71]

Negative growth of condo prices

[@AM-my3jk]

Renters have to many rights

[@user-wj4zo8ti7e]

shortly, that stock will be eaten up and then what ... investors leaving the market means renters will eventually have a lot less choice... buyers get a good deal now, builders slow down because then can't sell and problems start the cycle again.

[@johnhui33]

Renters may turn into owners if the price is low enough. Then you will have less renters.

[@wondereagle]

Half a million for a shoe box.

[@ivannightly1919]

i see no cretivity except the name maybe but that a reach. thing is with inflation going up a few weeks after the cut my guess is the rates will not go down they maybe better bailing and cut their losses

[@patientzero291]

Investors need to learn about the law with any country before investing in real estate.

[@LuvableAF]

Global “get creative” Me “ oh like balloons and stuff?? “ Global “no, they are lowering the price..” Me “is this a joke???” 👀

[@noiseshapes]

lol, it's great their building more

[@rupertperiwinkle4477]

No one wants condos

[@patrickcowan8701]

Study history. Boom Bust.

[@msk7374]

Shoe box condos for depressed people who work jobs they hate

[@Schroefdoppie]

"Reverse offer"😂😂😂😂😂😂

[@ohcanadaeh]

The good market in Toronto has been funded by "Dumb" money for the last couple of years.

[@OneTrueKing23]

The unbelievable crash is imminent

[@kristinavb4398]

Housing market is a scam😂😂😂

[@malaudisa]

The fewer the landlords, the fewer and more expensive the rents... not a laughing matter, everybody pays a price here.

[@Broprotato]

The units don't don't disappear because speculators are divesting.

[@cvcfoundation8413]

😂😂

[@TBA-zv9qt]

Advertise in China and India 😂😂😂

[@dwights1024]

Racist bro

[@TBA-zv9qt]

@@dwights1024 not racist.. facts my friend.. Canadian get scared of facts. One day this land will be occupied by Chinese, Indians, Pakistanis and Caribbean people

[@gross8797]

GTA is a bubble, nothing like Vancouver. The gta prices will drop. Let’s be honest the gta is not that great

[@matthewhartley8756]

Yes, cause they're moving somewhere else in Canada.Where it's not so populated.Literally your neighbors, not America, literally Canadian neighbors from different continents.Literally just not even that far from you

[@fpp2024]

literally wth are you talking about?!

[@C2Canada]

Time to wake up.

[@paultan6094]

"Sold Way Below Asking" Coming Soon, stay tuned!