Quote from: JOE on Today at 05:57:54 AMHousing market in Florida and elsewhere is probably gonna crash in the near future wizer wizer because fewer Americans cam afford homes these days.

I keep hearing the US domestic economy is really crappy right now.

Angeldrawers, remember I explained to you after we had sex last that because Americans enjoy higher incomes lower taxes consumer debt levels get more investment and have a healthier job market than Canadians the market outlook over the next five years is a stable not subject to boom or bust?

Do you remember that Pussycat or should we jump in the sack first?

Quote from: JOE on Today at 05:52:09 AMHousing market in Canada is on a recession Shen Li Shen

Nobody can afford homes

Chinese aren't coming anymore to prop up Canada's housing market.

Could get even worse in 2026.

Honeybunch you have never owned property or even a car. You are not affected by Natives repossessing homes or Mr. Carney doing it by stealth with an equity tax.

Now don't spend all your allowance on chocolate gold coins. Save some for lube.

Quote from: Shen Li on November 08, 2025, 11:11:01 PMI lived in Richmond BC for a short time when we immigrated to Canada.

I am sooooo fucking happy I got out of that collapsing marxist shithole called Canada.

I hope this will convince my wife to quit her job sell our house and get out of Canada before the chugs and Carney take our house away from us.

Carney does not want home ownership for the working class. He is using the chugs to get his dictatorial wish.

Quote from: wizer on Today at 11:04:00 AMYes of course it could change. But most of the posters here and on other forums most frequently inhabited by conservatives are virtually certain that because the new Mayor is a democrat, New York City is completely fucked, end of story and anyone who chooses to argue the point is a libtard.

Of course not. Toronto has a hard leftist mayor and while house prices have moderated they have not collapsed.

That will not happen either as long as the Carney Liberals keep annual immigration intake unsustainably high. It is all supply and demand.

The only way cities like Toronto and NY will see house prices plummet is if there is a sudden mass exodus and I have never seen that happen in Canada.

Quote from: DKG on Today at 10:59:49 AMThat was before Mamdani. That could change of course.

Yes of course it could change. But most of the posters here and on other forums most frequently inhabited by conservatives are virtually certain that because the new Mayor is a democrat, New York City is completely fucked, end of story and anyone who chooses to argue the point is a libtard.

Quote from: wizer on Today at 04:34:40 AMIt's ridiculous to suggest that homes in NY will be worthless. They're at an all time high and a change in local governments isn't going to suddenly erase all that value.

In Biggies area back in NY:

Average home value: $615,431, up 6.4% over the past year

Median sale price: $634K, up 11.5% since last year

Median list price: $600,000

Median home sold price: $610K

Median home sale price: $700K, up 9.4% year-over-year


These values reflect the competitive and somewhat competitive nature of the Hempstead housing market, with homes selling in a range of prices and times. The data provided by Zillow, Redfin, and RealtyTrac offers a comprehensive view of the current market trends and property values 


I've read that homes in Florida are losing value astronomically because of all the hurricane damage, skyrocketing homeowners insurance, and so many HOAs that have not managed properties well and are in disrepair despite HOA monthly fees in the thousands.

Meanwhile property values in Florida continue to skyrocket, in many places including the problematic coastal areas they've doubled in less than 10 years.

That was before Mamdani. That could change of course.

But, demand dictates real estate prices. That could change in Canada. At least parts of it unless the Carney government overrides courts and BC premier David Eby.

Quote from: Shen Li on Today at 12:27:10 AMLike OMIGAWD!! Canada is finished.

The mainstream media in Canada is barely covering this case that could fundamentally change this country.

Quote from: Shen Li on Today at 12:45:29 AMAnybody who voted for David Eby deserves to have their home confiscated. Same with Mark Carney. Carney refuses to invoke the Nothwithstanding Clause to defend private property rights - the cornerstone of a free and prosperous society.

Does Carney own property in Canada? He does in the UK and New York.

Quote from: wizer on Today at 10:27:05 AMIn most areas of the country the historical appreciation in real estate prices have outpaced inflation by a wide margin.

Even more in Canada.

Quote from: Oliver the Second on Today at 10:25:36 AMOf course home prices increase every year as so does the price of everything else. It's called inflation. But just because the number went up it doesn't necessarily mean any real value has been added.

In most areas of the country the historical appreciation in real estate prices have outpaced inflation by a wide margin.

Quote from: wizer on Today at 06:23:10 AMYou'd think if that was the case then home prices wouldn't keep increasing each year.

Of course home prices increase every year as does the price of everything else. It's called inflation. But just because the number went up it doesn't necessarily mean any real value has been added.

Quote from: JOE on Today at 05:57:54 AMHousing market in Florida and elsewhere is probably gonna crash in the near future wizer wizer because fewer Americans cam afford homes these days.

You'd think if that was the case then home prices wouldn't keep increasing each year. And if it's a gradual process of fewer Americans being able to afford homes, then it's reasonable to expect prices to level off and then possibly drop to some degree rather than crash. There's been housing "bubbles" before, I'm not going to hold my breath and wait for a real estate market crash to happen anytime soon.

Quote from: wizer on Today at 04:34:40 AMIt's ridiculous to suggest that homes in NY will be worthless. They're at an all time high and a change in local governments isn't going to suddenly erase all that value.

In Biggies area back in NY:

Average home value: $615,431, up 6.4% over the past year

Median sale price: $634K, up 11.5% since last year

Median list price: $600,000

Median home sold price: $610K

Median home sale price: $700K, up 9.4% year-over-year


These values reflect the competitive and somewhat competitive nature of the Hempstead housing market, with homes selling in a range of prices and times. The data provided by Zillow, Redfin, and RealtyTrac offers a comprehensive view of the current market trends and property values 


I've read that homes in Florida are losing value astronomically because of all the hurricane damage, skyrocketing homeowners insurance, and so many HOAs that have not managed properties well and are in disrepair despite HOA monthly fees in the thousands.

Meanwhile property values in Florida continue to skyrocket, in many places including the problematic coastal areas they've doubled in less than 10 years.

Housing market in Florida and elsewhere is probably gonna crash in the near future wizer wizer because fewer Americans cam afford homes these days.

I keep hearing the US domestic economy is really crappy right now.

Quote from: Shen Li on Today at 02:59:18 AMBiggz, your decision to leave New York was a good one. Your property would be worthless.

Leaving Canada when I did was a smart decision. At this rate home ownership will be illegal in communist Canada.

Housing market in Canada is on a recession Shen Li Shen

Nobody can afford homes

Chinese aren't coming anymore to prop up Canada's housing market.

Could get even worse in 2026.

Quote from: Shen Li on Today at 02:59:18 AMBiggz, your decision to leave New York was a good one. Your property would be worthless

It's ridiculous to suggest that homes in NY will be worthless. They're at an all time high and a change in local governments isn't going to suddenly erase all that value.

In Biggies area back in NY:

Average home value: $615,431, up 6.4% over the past year

Median sale price: $634K, up 11.5% since last year

Median list price: $600,000

Median home sold price: $610K

Median home sale price: $700K, up 9.4% year-over-year


These values reflect the competitive and somewhat competitive nature of the Hempstead housing market, with homes selling in a range of prices and times. The data provided by Zillow, Redfin, and RealtyTrac offers a comprehensive view of the current market trends and property values 


I've read that homes in Florida are losing value astronomically because of all the hurricane damage, skyrocketing homeowners insurance, and so many HOAs that have not managed properties well and are in disrepair despite HOA monthly fees in the thousands.

Meanwhile property values in Florida continue to skyrocket, in many places including the problematic coastal areas they've doubled in less than 10 years.